Governance of Project Management
by: David Shannon
Corporate governance is defined in the preamble to the Organisation for Economic Co-operation and Development’s principles as involving “a set of relationships between a company's management, its board, its shareholders and other stakeholders. Corporate governance also provides the structure through which the objectives of the company are set, and the means of attaining those objectives and monitoring performance are determined."
UK statistics indicate that at least 34% of national economic activity is project related. For this project work how fully are corporate governance principles applied?