Project Governance definition

Project Governance means the organizational, oversight, and decision-making framework to direct and manage the project’s scope, schedule, budget, risks, and change. The Governance Study recommendations were accompanied by a set of Governance Objectives for The Portal, as follows: • Clarity of Purpose – Establish and maintain a clear focus on delivering the project. • Representation and Voice – Provide project partners with voice and say, consistent with their project interests and risk ownership. • Responsiveness and Oversight – Enable timely decision-making, and ensure proper direction and oversight of the project delivery team. • Capacity and Capabilities – Deliver the project with expert resources with the required skills and capacity. • Accountability and Authority – Provide decision-making authority in alignment with delegated accountabilities for project outcomes. • Transparency – Give the public, stakeholders, and partners visibility into the project’s progress and opportunities for meaningful engagement. The Portal Governance Blueprint (Blueprint) builds on the Governance Study recommendations approved in September 2022. The Blueprint further describes the recommended governance approach for the project through procurement, enabling program, pre-construction, construction, and commissioning (with these phases collectively referred to as “project delivery”). This Blueprint is intended to guide the preparation of a new MOU among The Portal Partner Agencies, to succeed the existing Peninsula Rail MOU that has governed the project during the procurement-readiness work program. This Blueprint focuses on the broad structure for multi-agency collaboration across The Portal Partner Agencies and does not address individual agencies’ commitments, responsibilities, and decision rights. Multiple bi-lateral agreements between TJPA and Partner Agencies will be developed to enable implementation of The Portal. These include the Caltrain Master Cooperative Agreement (MCA) and the CCSF Interagency Cooperation Agreement (ICA). Caltrain’s role in the project, as first operator, will be described in the MCA. The Blueprint was prepared by MTC and SFCTA, in cooperation with the IPMT and with guidance from the ESC. The Blueprint provides recommendations in the following five areas: • Governance Structure and Bodies • Policy Baseline and Stage Gate Framework • Change Decision Framework • Project Reporting Approach • General Procedures for Decision-Making and Recommendations This Blueprint a...
Project Governance means the framework, functions and processes that guide Project management activities.
Project Governance. On or before the Effective Date (and as a condition to the occurrence

Examples of Project Governance in a sentence

  • Pursuant to the terms of this Agreement, the Parties hereby form the Monterey Peninsula Water Supply Project Governance Committee (“Governance Committee”) comprised of representatives of the MPRWA, the MPWMD, the County, and Cal-Am to ensure efficient and effective public input into the development and operation of the Monterey Peninsula Water Supply Project (“Project”).

  • Part 2: Project Foundation Project Governance Project governance is the management framework within which Project decisions are made.

  • Project Governance The Project organizational structure and Project reporting relationships are depicted in Exhibit A: Project Organization Chart of this SOW.

  • Project Governance provides the foundation and framework to manage deployments by assessing progress and addressing questions and challenges during the course of deployment.

  • The Project Governance will ensure that the needs and expectations of the participating Authorities are safeguarded.

  • By April 05 • Project Governance: clear evidence of better Capital Investment decision-making based on comprehensive de-risking as measured through views of CSA chaired Investment Appraisals Board for Initial and Main Gate approvals.

  • Project Governance Meetings will be conducted by conference telephone/video call or other means as agreed by the Parties.

  • In order to facilitate such communication, the parties shall establish a Project Operational Team (“POT”) and a Project Governance Team (“PGT”), having the respective responsibilities set forth below in this Article 2.

  • The Relationship Management Group will be a forum that will (among other things) be responsible for overseeing the implementation and performance of this Agreement as well as implementing any strategies or innovations agreed on by the Project Governance Group.

  • The Project Governance Group will be a high level forum that will (among other things) review, discuss and manage the overall relationship between the parties.

Related to Project Governance

  • Governance “Governing” and “Governed” have meanings correlative thereto.

  • Corporate governance annual disclosure means a report an insurer or insurance group files in accordance with the requirements of Chapter 16b, Corporate Governance Annual Disclosure Act.

  • New Corporate Governance Documents means the certificate of incorporation, certificate of formation, bylaws, limited liability company agreements, shareholder agreement (if any), operating agreement or other similar organizational or formation documents, as applicable, of the Reorganized Debtors, each of which shall be acceptable to the Debtors, the Requisite Consenting Creditors, and the Equity Committee (subject to the parties’ rights and obligations under the RSA).

  • lead governor means the governor nominated by the corporation to fulfil the role described in Appendix B to The NHS Foundation Trust Code of Governance (Monitor, December 2013) or any later version of such code.

  • Nominating and Corporate Governance Committee means the nominating and corporate governance committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.