Governance is often misunderstood. So what is it and what benefit does it provide to a project or programme?
Governance is essential to any project, programme or portfolio, I'm sure any P3M professional will agree to this point. However there is a fine line between governance and control therefore the two concepts are often misunderstood, understandably so.
In the below video Project Pig provides a definition of governance relative to P3M as described by Association for Project Management (APM). But what is the difference between governance and control and what does good governance look like?
Click the video to hear project Pig's introduction to Governance, what it is and what are the benefits.