“If we use standardized policies and procedures, then our projects will deliver their strategic intent, but this requires micro-management of projects. ”
High quality, repeatable, and consistent project performance is a goal of most organizations. Governance, whether in the form of a PMO, Committee, or just policies and procedures, attempts to address this need. The complexity that must be managed for a project to be successful can be overwhelming. For managers to be able to understand correlations and interrelationships between factors in project, portfolio and program management and perform effect-cause-effect thinking that leads to higher levels of performance, the system components must be defined and categorized. Instead of trying to define policies and procedures for every practice and monitor all aspects of the project, the Integrated PM approach to governance leverages system thinking to identify critical variables, leverage points, and constraint analysis to identify the strategic practices that need to be managed through governance.