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7. Organizing for Enterprise Project Governance - Pg. 109

chapter 7 Organizing for Enterprise Project Governance For EPG to become a reality, the fundamentals for managing projects across an enterprise must be in place. Those elements for effectively implementing and making operational EPG are many, as outlined in previous chapters, but they fall into four categories: Governance. This group includes alignment with corporate gover- nance and top management, as well as establishing overall policies for the management of portfolios, programs, and projects. Project man- agement governance also entails establishing criteria for organization, management, and support for project activities, as well as adhering to best practices for industry-related projects. Competency. The competency group oversees the alignment of project management competency with existing corporate-wide competency models. Professional profiling and career path design also belong to 109 American Management Association www.amanet.org