What is a key characteristic of successful project governance frameworks?

A key characteristic of successful project governance frameworks is their ability to incorporate consistent review and adaptation to changing circumstances. This adaptability is vital in ensuring that the framework remains relevant and effective in the face of new challenges, stakeholder expectations, and shifts in project scope or environment.

Successful governance frameworks recognize that projects operate in dynamic settings where risks, opportunities, and requirements can evolve, and therefore, they promote an ongoing assessment process. This allows organizations to make informed decisions, realign resources, and refine strategies to better meet project goals and contribute to overall organizational success.

In contrast, other approaches like rigidity in adhering to outdated processes or a lack of connection to organizational objectives can lead to inefficiencies and misalignment with strategic priorities. The ability to remain flexible while still having structure and oversight is essential for a project governance framework to thrive in a complex landscape.