Importance of sponsorship in a project, sponsorship best practices, and governance.
Selecting the right sponsor with the relevant expertise and authority.
Defining and championing the vision, scope, and potential of the project.
Stakeholder management and engagement to bridge the project team and the client.
Overseeing funding, personnel, and technology to execute the project effectively.
Providing guidance on potential roadblocks and possible solutions to mitigate risk.
Holding project teams accountable for achieving milestones and deliverables.
Conducting periodic reviews with all stakeholders to ensure alignment with goals and objectives.
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You are in the top leadership, or head a business unit, and are required to act as project sponsor. This is also a good step up for project managers.
Identify and mitigate project risks, guard against scope creep, and ensure project integrity.
Balance the need for cost efficiency against effectiveness.
Be able to communicate expectations and limitations to all sides.
Be prepared to manage scope changes and operational flexibility.
Set a clear governance framework, with policies and procedures.
Imbibe best practices from global case studies.
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