Tagged: sponsor

project sponsor role - selection and appoinment

The Project Sponsor Role – Selection and Appointment

The project sponsor role is defined as the range of duties and responsibilities allocated to an individual or a group within the performing organization to provide necessary financial resources and ensure that the project is successful at the business or organizational level. It is the role of the project manager’s boss.

In this context, because the project sponsor role bring a significant value to project success, it is vital to understand selection and allocation of the role. The sponsor is an individual or a group who acts at the senior management level to be as an advocate for the project and ensure that the project delivers the desired business outcomes, under the allocated resources. The sponsor provides internal political support and ensures right prioritization of available funds and resources.

project sponsorship

Project Sponsorship: Definition, Relationships, Pitfalls

I’ve decided to write an overview of project sponsorship to help you and other managers to explore the definition and role of the project sponsor and identity the key duties and responsibilities. This article is first and describes the definition, relationships and pitfalls of project sponsoring. I plan to write a series of articles about project sponsorship. Please keep track of the website updates to read all the articles about this topic.

project stakeholder planning

Stakeholder Engagement Planning – Two Steps for Engaging Stakeholders in Project Implementation

Effective stakeholder engagement planning is a necessary part of the project implementation process to identify the level of stakeholders’ influence on the project, state their intentions and develop a strategy for managing the overall engagement process. In this article we will talk about the key steps of stakeholder engagement planning. There are two key steps for engaging stakeholders in project implementation. Please view the descriptions of the steps below.

PM governance roles

Project Governance Roles and Responsibilities

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

statement of project vision

Project Vision Statement

A Project Vision Statement is an idealistic view of the desired outcomes to be produced for the business after successful project completion. It is a vivid description of what the business will be like to inspire the project beneficiaries to initiate the project. The vision statement document is an attempt to visualize the project results at the initiation phase in order to focus the business on those benefits it will gain after the project accomplishment.