A large project needs someone to decide, someone to review and someone to be informed. We set a clear governance structure, define decision points and financial authorities, and make sure the board sees the real picture.
Or an externally funded one.
Made without clear approval.
That hide problems.
Steering committee and roles.
When the project stops for review.
What the board sees and how.
Short and practical.
Decisions and amounts.
Standard.
Its funding and risks.
With the sponsor.
And brief the parties.
In the first cycle.