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Describe What Project Governance Means to Project Management

question 55

Essay

Describe what project governance means to project management.Why is it important to organizational strategy?


Definitions:

High Failure Rate

A situation where a significant number of attempts or initiatives do not meet the intended objectives or outcomes.

New Businesses

Refers to newly established companies or startups that enter the market to offer products or services.

High Failure Rate

A high failure rate indicates a situation or context where a significant percentage of attempts or operations do not reach their intended outcome or goal.

New Businesses

The act of founding, starting, and nurturing new companies or ventures.

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