The framework for most of the technical aspects of portfolio, program and project management is well understood and increasingly standardized. The areas needing further definition and development are the way an organization defines, initiates, supports and governs its projects and programs.
Governance is the ultimate responsibility of the Board, or equivalent top executive level of an organization. The role of executive management, supported by senior management is to have systems in place to ensure they can properly support the work of project and program managers, support the organizations governance systems and identify issues, problems and opportunities for improvement.
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Having established a framework for discussing the subject of Project Delivery
Capability (PDC), next month in of this paper we'll look at the Strategic
Management of Projects in this context.