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IPMA ITALY Journal of Applied Project Management
Volume 1 no. 3 (October 2015)

One Road to Take
Project Governance

out of Its Definition
Jungle

Prof. Ding Training PaperResearch on project governance is still in a jungle status.
Ronggui
The uniqueness of a project roots in the different
Shandong University, requirements and organization modes of stakeholders. It
Jinan, China
Presentationfollows that the essence of a project is a social network
Dr. Sun Tao
infrastructure built to meet the specific requirements of
Shandong University, various stakeholders ， and the purpose of project
Jinan, China
Acknowledgementgovernance is to establish and maintain the regulatory
Wang Lei
relationships among stakeholders. Such regulatory
Shandong University, relationships can improve the efficiency and reliability of
Jinan, China project governance such as defining project objectives

27 IPMA World Congressand implemtehntation mode，the risk control, performance

management and others. The greater efficiency and
reliability could be achieved by an iterative process
incorporating deeper understanding of the requirements
of stakeholders，clearly defining the responsibilities and

roles of stakeholders, clearly describing the risks
associated with undertaking the responsibilities and
establishing necessary regulatory relationships to mitigate
risks. Project governance concept system is from the
perspective of project stakeholders, and is constructed by
stakeholders' relationships, and is guaranteed by
managing the risks of implementing stakeholders’
responsibilities. This concept system could not only reveal
the generality of project governance of project's
uniqueness, but also could provide a research foundation
for unified project governance methodology.

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