Application of Governance Principles in IT Projects

Abstract

An increased usage of projects can be observed in all fields, being a way of adapting current activities to the challenges of the economic reality. One of the most important characteristics of projects is the orientation towards objectives' achievement, which contributes to the long term development of an organization and to obtaining competitive advantage on the market. But, in order to maximize the benefits of using projects as means of organizing the activity, a special attention should be given to aspects that can influence project success. We consider project governance as being essential to project success and having a positive influence on the development of the organization. The increased frequency and importance of projects nowadays determined a significant focus on projects' governance and its relation with corporate governance. The steering group, the project owner and project manager are key roles influencing project governance. The objective of this paper is to analyse the opinions of project managers regarding the application of project governance principles when dealing with IT projects, based on structured interviews.