Themes - Ch3 Flashcards
What are the MSP Themes?
-Organisation.
-Design.
-Justification.
-Structure.
-Knowledge.
-Assurance.
-Decisions.
What is the definition of an ‘MSP Theme’?
An essential aspect of governance required to ensure that the programme is aligned with the principles. Themes are collectively applied during the processes throughout the programme lifecycle.
What is the MSP definition of ‘Programme Governance’?
The framework of authority and accountability applied by the investing organisation(s) to control the work and ensure the creation of value.
What is the MSP definition of ‘Corporate Governance’?
The means by which an organisation is directed and controlled. At the level of a legal entity, corporate governance is focused on maintaining a sound system of internal control by which the directors and officers of the organisation ensure that effective management systems are in place to protect assets, earning capacity, and the reputation of the organisation.
What are the MSP contents of the ‘Organisation’ theme?
Organisation:
-Governance
-Roles
-Stakeholders
-Risk Appetite
What are the MSP contents of the ‘Design’ theme?
Design:
-Vision
-Target Operating Model
-Benefits
-Risk (how to identify/prioritise)
What are the MSP contents of the ‘Structure’ theme?
Structure:
-Plan delivery of projects
-Transition
-Tranches/landing points
-Resources - optimisation/sharing
-Dependencies
What are the MSP contents of the ‘Assurance’ theme?
Assurance:
-3 lines of defence
-Approach and support for governance
-How assurance activities are planned
What are the MSP contents of the ‘Knowledge’ theme?
Knowledge:
-Acquire, curate, use knowledge
-Lessons
-Build culture of best practice and continual improvement
-Manage information integrity, security and versions
What are the MSP contents of the ‘Justification’ theme?
Justification:
-Mandate/Brief
-Business case
-Added value
What are the MSP contents of the ‘Decisions’ theme?
Decisions:
-Approach to decision making
-Issues
-Risk (Responses)
-Data gathering to support decision making
(Plan-Do-Check-Act) What are the key messages for ‘Plan’?
Plan:
-Understand situation before progressing
-Analyse current programme environment
(Plan-Do-Check-Act) What is the key message for ‘Do’?
Do:
-Specific steps are performed
-Planning assurance activities
(Plan-Do-Check-Act) What is the key message for ‘Check’?
Check:
-Validating the results
-Identify further action
(Plan-Do-Check-Act) What is the key message for ‘Act’?
Act:
-Validated action applied in action
-Continual improvement
-Plans and initial actions reviewed to reflect current priority