Rating: Not rated
Tags: Project Management, APM, Lang:en
Summary
Project sponsors create or destroy value. Their role
determines whether or not each project gets off to a good
start, continues throughout the project and outlasts that of
the project manager. Sponsors link corporate direction and
accountability with programmes and projects. They transmit
information and decisions downward to the project, represent
the project upwards, communicate with stakeholders, care for
the project context and are accountable for project benefits.
Hence this role is pivotal in the governance of project
management and the broader ongoing success of
organisations. The eleven key questions related to project sponsorship
given in the publication Directing Change published by the
Association for Project Management remain valid. However it
has been observed that the sponsor role is still widely
misunderstood and poorly practised. Hence the need for this
further more specific guidance. The guide explains the rationale for the sponsorship role,
clarifies the range of governance related duties and provides
concise practical aids. As with the two previous successful publications from the
same study group, Directing Change and Co-Directing Change,
it applies to all types of organisation and across sectors.
We believe its use will improve governance, bringing greater
rewards to organisations undertaking significant projects as
well as to their owners and to wider stakeholders.