Governance

Governance represents the rules, norms, actions, and standards followed by the transformation team. Governance is important because it creates consistency within the transformation and removes ambiguity from the transformational initiative. Ambiguity can negatively impact value realization, as it can create misalignment between actions and expectations. The word governance can sometimes have a bad reputation in organizations because it may have been implemented in a heavy-handed manner in the past or was not followed well. A common, flawed reaction to a bad governance experience is to try to avoid implementing governance. This misguided attempt to avoid governance is often combined with the misuse of concepts such as agile or lean, interpreting these new practices to mean an avoidance of governance instead of simply another way to structure governance.

The truth is that governance is critically important within a project. It does not need to be convoluted and complex...