The project governance advice to be presented therefore represents an attempt to summarise the best of what currently exists within a business/organisational framework (to overcome the deficiencies of the project-centric perspective). It is based partly on Australian Standard AS8015 on the corporate governance of ICT and it has informed the development of Australian Standard AS8016 on the corporate governance of ICT projects. It is more fully described in Standards Australia’s handbook HB280.
The framework (Figure 2) shows that projects are undertaken to realise benefits by changing both ICT operations and business processes. It also shows that top management oversee or govern the change project. The framework identified six inter-related project governance activities that must be carried out by boards and top managers. These are:
Initiate
Evaluate
Support – motivation
Support – structure
Monitor – project
Monitor – benefits