What can be a consequence of poor project governance?

The consequence of poor project governance is indeed reflected in the increased risk of project failure. Effective project governance involves establishing clear structures, processes, and decision-making authority within a project. When governance is lacking, it can lead to a range of issues such as undefined roles, miscommunication among stakeholders, and inadequate oversight. These factors contribute to confusion and a lack of direction, ultimately jeopardizing the project's success. Poor governance may also result in ineffective risk management, leading to unforeseen challenges that further exacerbate the likelihood of failure. In contrast, strong project governance typically enhances team collaboration, clarifies roles, and encourages stakeholder engagement, all of which significantly contribute to successful project outcomes.