Introduction

Effective project governance is crucial for the success of any project. According to a study by the Project Management Institute (PMI), organizations that have a well-defined project governance framework in place are more likely to achieve their project objectives, with a success rate of 75% compared to 40% for those without a framework (PMI, 2020). One of the key aspects of project governance is team composition. In this blog post, we will explore the crucial role of team composition in successful project governance.

Section 1: Defining Team Composition

Team composition refers to the mix of skills, expertise, and personalities that make up a project team. A well-composed team should have a diverse set of skills and expertise to ensure that all aspects of the project are covered. According to a study by McKinsey, diverse teams are more likely to outperform non-diverse teams, with a 35% increase in financial returns (McKinsey, 2015). In the context of project governance, team composition is critical in ensuring that the project team has the necessary skills and expertise to deliver the project successfully.

Section 2: The Importance of Project Governance in Team Composition

Project governance plays a crucial role in ensuring that the project team is composed of the right mix of skills and expertise. Governance frameworks provide guidelines for selecting team members, defining roles and responsibilities, and managing conflicts of interest. According to a study by the Australian Institute of Project Management, projects that have a well-defined governance framework are more likely to have a higher level of team satisfaction, with 85% of team members reporting that they are satisfied with their roles (AIPM, 2019). Effective project governance also ensures that the project team is accountable for their actions and decisions, which is critical in ensuring that the project is delivered successfully.

Section 3: Characteristics of a Well-Composed Project Team

A well-composed project team should have the following characteristics:

  • Clear roles and responsibilities: Each team member should have a clear understanding of their roles and responsibilities.
  • Diverse skills and expertise: The team should have a diverse set of skills and expertise to ensure that all aspects of the project are covered.
  • Good communication: Team members should be able to communicate effectively with each other.
  • Accountability: Team members should be accountable for their actions and decisions.

According to a study by the Harvard Business Review, teams that have clear roles and responsibilities are more likely to be successful, with a 25% increase in productivity (HBR, 2018).

Section 4: Best Practices for Building a Well-Composed Project Team

Building a well-composed project team requires careful planning and execution. Here are some best practices for building a well-composed project team:

  • Define clear roles and responsibilities: Clearly define the roles and responsibilities of each team member.
  • Select team members carefully: Select team members based on their skills, expertise, and personality.
  • Establish a governance framework: Establish a governance framework to ensure that the project team is accountable for their actions and decisions.
  • Provide training and development: Provide training and development opportunities to ensure that team members have the necessary skills and expertise.

By following these best practices, organizations can build a well-composed project team that is equipped to deliver successful projects.

Conclusion

In conclusion, team composition is a critical aspect of project governance. A well-composed project team is essential for ensuring that the project is delivered successfully. By defining clear roles and responsibilities, selecting team members carefully, establishing a governance framework, and providing training and development opportunities, organizations can build a well-composed project team. We would like to hear from you - what are your experiences with team composition and project governance? Leave a comment below and let’s continue the conversation.

References:

  • PMI (2020). Pulse of the Profession.
  • McKinsey (2015). Why diversity matters.
  • AIPM (2019). Project Governance Survey.
  • HBR (2018). The Benefits of Clear Roles and Responsibilities.