Launch of the second edition of Directing Change: A guide to governance of project management
Posted by APM on 9th Nov 2011
This second edition of Directing Change has been updated to reflect the terminology and structure of more recently published APM guidance, such as Co-Directing Change, Sponsoring Change, feedback from users and changes to regulations such as the new UK Corporate Governance Code which has replaced the previous Combined Code. The increased awareness of the importance of corporate risk management, sustainable development and ethical practice is recognised.
The new edition is available here on the APM website.
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Every year numerous surveys tell us the same things that we have been reading for the last 40 years – more projects fail than succeed. Too few senior managers and executives in organisations do enough to change the culture of project sponsorship and delivery in their organisation, but all would say that they would welcome the opportunity to be educated.
With pressures on costs and efficiency, the trend appears to continue for ever increasing instances of co-owned projects - whether it is government-to-government, government-to-industry, industry-to-industry or other forms of joint projects. If you are involved in one of those, then the Governance of Co-Owned Projects is for you!
The challenge for organisations who sponsor or deliver co-owned projects is that traditional project management frameworks and methods are based on governance structures that assume a single hierarchical route for authority and accountability. This is rarely the case for co-owned projects, which is why organisations are rightly challenging whether their traditional governance arrangements are fit-for-purpose.