Governance

Business Integrated Governance (BIG) for Product, Projects, Programmes and Portfolios (P4) is a model that explains how to connect from strategic drivers to the operational parts of the organisation and those that focus on implementing change. It explains the importance of regular reviews and a logical approach to managing the underlying data that supports decision-making processes.

The model offers a P4 focus on governance and the supporting data backbone. The objective is not to rework everyone’s governance frameworks – but it is intended to connect them together and harmonise operations to enable accountability to work better.

BIG enables effective information sharing in areas such as resourcing, benefit realisation and performance management, coordinated with leadership operational, commercial and finance functions.

When implementing BIG an organisation should derive what is needed by utilising and enhancing existing assets, rather than trying to replace the current governance ecosystem with something completely different. Rather than creating a brand-new approach, the intent is to use what already exists in contemporary good practice and, wherever possible, to exploit the facilities and tools an organisation already has.