The Power of Enterprise-Wide Project Management

Chapter 5. The EPMO as a Management Method

The successful execution of project business management best practices across an enterprise depends on incorporating four related major elements of project business management, the first of which is governance. Governance can be defined as a system or method of management. Organizational governance establishes the roles, responsibilities, and authorities of each position, the rules of conduct, and management protocols. Any management methodology that includes the planning and authorization of projects, programs, and portfolios requires establishing the organizational structures within the enterprise that will institute the planning process and manage the authorization for those portfolios, programs, ...