Principle: Governance Alignment

Governance is the way an organization operates. All processes and procedures followed by an organization, eventually rolls up to its governance. Everyone in the organization must align their work according to the governance structure of the entity. Governance structure of an organization is dependent on business needs, shareholder requirements as well as regulatory or legal needs. It is important to include the portfolio management requirements in the organization’s governance structure. Portfolio management itself has a set of processes (most of which, the organization needs to define). These processes should be part of the organization’s overall governance structure, so that everyone knows what they are required to do, and work does not get duplicated.

How is Governance Alignment Achieved

Governance alignment is achieved by the following:

Best Practices to Achieve Governance Alignment

The following are the best practices for achieving governance alignment:

Written by Inham Hassen

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