Book 1 - Enterprise Project Governance: A Guide to the Successful Management
of Projects Across the Organization by Paul C. Dinsmore & Luiz Rocha, 2012
What is Enterprise Project Governance you may well ask? For that
matter, what is governance?
According to J. Rodney Turner, author of the Gower Handbook of Project
Management, it is "The planning, influencing and conducting of the policy
and affairs of an organization." So,
according to authors Paul Dinsmore and Luiz Rocha, Enterprise Project Governance
"Project governance initiated under the umbrella of corporate governance. It
is about ensuring that:
- Projects succeed by establishing a well-defined approach that all parties
understand and agree on;
- The approach is followed throughout the life cycle of portfolios, programs,
- Progress is measured and actions are proactively taken to confirm that everything
stays on track; and
- Agreed-on benefits, products, or service are delivered."
If that sounds too good to be true for the average project reader, it probably
is. But listen up, because this book provides a thorough exposition on an emerging
corporate management responsibility that will have a profound influence on how
projects are prioritized and conducted in the future. Even though poorly recognized
at this time by project teachers and consultants alike, it means that it will
affect you! Better yet, this book likely represents the scope and content that
you will have to master if you are ambitious enough to aim for the top rung of
the corporate ladder.
As the authors observe:
"Faced with the challenge of developing products and services 'faster, cheaper,
and better' in order to survive in a relentlessly competitive world economy, the
effective implementation of projects and programs will ultimately determine the
success or failure of your organization. It's no longer enough to simply bring
single projects in on time and under budget. You now have to ensure that every
project or program under your roof gets completed successfully, and that they align
with the priorities, resources, and strategies of the organization as a whole
- and ultimately create value."
This is not project management for sure, but rather that project management
provides the solid foundation on which this wide-ranging management responsibility
must rest. The authors' objectives are not only to inform the project management
community, but also to engage corporate management at large. As they go on to
"Whether your view is from the boardroom, the executive suite, the project
management office, or the project trenches, Enterprise Project Governance gives
you the tools and guidance you need to achieve harmonious project results across
your entire organization. Containing enlightening examples and case studies, the
book reveals practical methods for incorporating EPG into your company's culture,
synchronizing it with corporate governance, and maximizing efficiency and results
across all departments."
Indeed, this book aims to show that "governance" issues affect the classic
components of project management, including portfolios of projects, their necessary
support structures and their stakeholders. And "The book's scope includes all
project-related factors in an organization and shows how top-down governance structure
is fundamental to ensure beneficial and healthy projects."
We have read this book with some degree of excitement because we see it as
opening up a stirring vision of the future and future opportunity. We agree that
the book is a valuable read at all levels of experience. We believe that it is
also relevant to a wide range of organizations that depend on projects for their
very existence, not just commercial but governments, NGOs, and non-profits as
well. The train may not yet have arrived at the station but it is certainly coming
down the tracks.
About the authors
Paul Dinsmore, PMP, is a renowned specialist in project management and organizational
change and is President of Dinsmore Associates with offices in Dallas and Rio
de Janeiro. Paul has received the Distinguished Contribution Award from the Project
Management Institute ("PMI") and is a Fellow of PMI. He has conducted seminars
internationally on project management, change management, team building, and leadership.
Luiz Rocha is Director of Projects with Dinsmore Associates and has 35 years'
experience in project management and business consulting. Luiz has worked with
Andersen Consulting and Delloite in the United States and Europe when he had the
opportunity to manage multicultural and geographically dispersed projects in Latin
America, North America, and Europe. Luiz is an engineer by background, holding
an MSc in industrial engineering.
3. We, and
our Guests, have written extensively on the subject of "governance" on this web
site. Just use our Google search engine to search for "governance". However, three
articles stand out in particular:
1. Project Portfolio Governance Guidelines (2005)
2. Governance in the Project Management World (2013)
3. Having trouble with the latest lingo? (2013) www.misol.cn/musings/lingo.htm
4. See www.misol.cn/pmglossary/PMG_G00.htm
5. Dinsmore, Paul C., & Luiz Rocha, Enterprise Project Governance,
text extracted from the book's fly sheet
7. Ibid, p xii