Can someone please explain the term 'governance' in the context of project management?
Scenario:
If a project was delivered to the triple constraints (time, cost, scope) and was considered a success but the project did not deliver the desired benefits, would the blaim fall on the project sponsor? I know this is a very general scenario but as the Sponsor 'owns' the Business Case then surely they have responsiblity to make sure that the benefits of the project outweighed the costs. Maybe the Sponsor could be blaimed for not doing due dilligence to ensure the investment was sound...
Am i right in saying the customers organisation would look to the Sponsor for answers if they financially did not benefit for the project? Would the Sponsor ask for the funds for the project from the board of directors and therefore they are responsible; is that right?