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South African Journal of Industrial Engineering
On-line version ISSN 2224-7890
Print version ISSN 1012-277X
Abstract
BEKKER, M.C. and STEYN, H.. Defining 'project governance' for large capital projects. S. Afr. J. Ind. Eng. [online]. 2009, vol.20, n.2, pp.81-92. ISSN 2224-7890.
Over the past decade corporate governance has received ample attention. Lately the principles of governance have been applied to other management disciplines, especially project management. The evolution of the concept of 'project governance' resulted in various interpretations and applications of the term, causing confusion among academics and practitioners in various industries. Especially for large capital projects, a formal definition of the term 'project governance', and agreement on the content of a project governance model, have largely been neglected. This paper reports on exploratory work to define the concept of governance for large capital projects. An international Delphi survey, involving credible practitioners and academics, was conducted to define the term 'project governance' better. The paper also introduces a framework for project governance.