APM Exam APM-PMQ Topic 4 Question 7 Discussion

Improved Decision-Making:

Governance ensures a structured approach to identifying, assessing, and mitigating risks and issues.

With standardized frameworks and processes in place, decision-makers have reliable data to make informed and timely decisions.

For example, using a centralized risk register ensures all risks are visible, allowing for prioritization based on impact and probability.

Accountability and Oversight:

Governance establishes clear roles and responsibilities for managing risks and issues.

This fosters transparency and ensures that risks and issues are addressed by the appropriate individuals or teams within the project.

It also enables effective monitoring and reporting, ensuring that all stakeholders are aware of potential threats and mitigation plans.