A Risk Management Plan is a formally created and approved document that describes how the risk management process will be organized, what phases it will consists of, how it will be implemented, and who will be involved in the implementation. It is a roadmap for managing identified risks and exploiting opportunities throughout the project lifecycle.
Quality assurance (QA) activities are those actions the project team takes to inspect quality requirements, audit the results of control measurements and analyze quality performance in order to ensure that appropriate quality standards and procedures are appropriately implemented within the project.
The Quality Assurance Activities is an article of the Quality Management Section in the Project Implementation Guide. It describes the three kinds of the activities to help the project manager and the quality team to develop a quality assurance plan template, audit quality performance and review project activities, procedures and processes.
Project governance roles are tools of the governance mechanism to ensure compliance with the implementation standards. The mechanism cannot be effective if there is no the relationships groups involved in the project. Roles of the project governance framework can be presented as a chart. Below in the picture, there are listed three project governance roles:
* Executive Sponsor(s)
* Steering Committee
* Project Manager/Director
As a project gets into the initiation phase, it requires an effective linkage mechanism that ensures alignment between the strategic project objectives and direction, and the path to planned outcomes over the implementation life-cycle of the project. In other words, such a mechanism must help sustain the project’s potential to deliver the stated benefits. Moreover, this mechanism must provide oversight and control over the project during the execution process. It must help managers and leaders to assess the project’s current progress and adjust content and direction to the objectives if necessary. The mechanism should also allow senior management to refine the definition of success and maintain alignment with the evolving project plan.
If a project fails, then most likely the reason for this is an incapable PM (Project Manager). That’s almost an axiom. Because project managers take the ultimate responsibility for delivering...
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