A decision making framework that is value driven, proactive, logical and repeatable to govern an organization's capital investments. Using this framework an organization would have a structured approach in delivering value and maximizing ROI from every project.

Project governance is supported by three pillars :

Structure

This defines overall execution, monitoring structure for a project. This includes stakeholder groups, steering committee as well as necessary tools to help executives make decisions about the projects.

People

Success of every project and effectiveness of structure depends on the people involved in it. Tools enable people to define, monitor and deliver value of the project.

Information

The information should be useful for decision makers. It should provide enough details about business value, deliverables, success criteria for every project.