THE IMPORTANCE OF PROJECT GOVERNANCE & TACTFUL DECISION-MAKING
by: Daniel Waters, Director of Project Management

Project governance is a topic applicable to all projects, large or small; the difference is that the scale and formality will grow as the project increases in size. Commonalities of good project governance structures include signing the Owner’s Representative first, establishing a Project Leadership Team early, following defined criteria for success, managing stakeholders effectively, resolving conflict in a positive manner and using vendor resources. All projects, regardless of size, should establish an appropriate governance structure and commit the leaders of the individual firms to the project’s success.



 

ABOUT THE AUTHOR
Daniel Waters offers peace of mind for owner’s teams and internal customers in delivering their project to the highest level of quality and as efficiently as possible. Daniel is a highly specialized in construction project management, with pre-construction and construction delivery experience. He is well versed in managing multi-disciplinary, multi-location teams with enthusiasm and innovation. Daniel holds an MBA in Strategic Management from Australian Graduation School of Management, a Master of Engineering Science in Project Management from University of New South Wales, a Bachelor of Engineering in Civil Engineering and a Bachelor of Business Administration from Royal Melbourne Institute of Technology. For more information on how to establish a successful project governance structure, contact Daniel.Waters@cbre.com .

 

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue).  The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide.  CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.  Please visit our website at www.cbre.com.
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