What is the role of a steering committee in project governance?

?? #ProjectManagement Tip #71: Role of a Steering Committee in Project Governance ??

A steering committee is integral to effective project governance. Here’s their detailed role:

1. Oversight: Provides high-level oversight and guidance to ensure that the project aligns with strategic objectives and follows best practices.

2. Decision-Making: Makes critical decisions regarding the project’s direction, scope, and resource allocation, ensuring that key decisions are well-informed and strategically sound.

3. Risk Management: Identifies, assesses, and mitigates risks that could impact project success, providing a higher level of scrutiny and risk management.

4. Resource Allocation: Ensures optimal allocation and utilization of resources, balancing project needs with available resources to maximize efficiency and effectiveness.

5. Stakeholder Engagement: Facilitates communication and engagement with key stakeholders, ensuring that their interests and concerns are addressed and that they are kept informed of project progress.

6. Performance Monitoring: Monitors project performance against established metrics and goals, ensuring that the project stays on track and achieves its intended outcomes.

Steering committees ensure robust governance, driving projects towards successful outcomes by providing strategic oversight and decision-making.

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