About: Project assurance

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Project assurance or programme assurance is a discipline that seeks to provide an independent and objective oversight of the likely future performance of major projects for those responsible for sanctioning, financing or insuring such undertakings. The discipline has emerged as a response to consistent problems in major projects and the need to provide confidence for project or programme stakeholders of technologically advanced, high capital or high risk projects.

Attributes	Values
rdf:type	sport
rdfs:label	Project assurance (en)
rdfs:comment	Project assurance or programme assurance is a discipline that seeks to provide an independent and objective oversight of the likely future performance of major projects for those responsible for sanctioning, financing or insuring such undertakings. The discipline has emerged as a response to consistent problems in major projects and the need to provide confidence for project or programme stakeholders of technologically advanced, high capital or high risk projects. (en)
dct:subject	Project management
Wikipage page ID	28663228 (xsd:integer)
Wikipage revision ID	1055771562 (xsd:integer)
Link from a Wikipage to another Wikipage	Benchmarking Projects Project risk management Risk assessment People management Office of Government Commerce Board of directors PRINCE2 Project stakeholder Phase–gate model Leadership Granularity Project management High tech Project management Soft skills Surety dbr:Delivery_confidence
Link from a Wikipage to an external page	http://www.nao.org.uk/report/assurance-for-major-projects/ http://www.gov.uk/government/groups/major-projects-authority
sameAs	Project assurance Project assurance Project assurance Project assurance
dbp:wikiPageUsesTemplate	dbt:Blockquote dbt:Multiple_issues dbt:Refimprove dbt:Reflist dbt:Jargon
author	John M. Cunningham (en)
text	An objective examination and independent assessment of a Capital Investment risks, controls, processes, and governance. Focus areas may include risk, financial, performance, compliance, system security, due diligence and/or dispute resolution engagements. Mega-Project Assurance would be specific to that exceed $1 Billion in estimated investment value. (en) The core concepts of Mega Project Assurance: risk is governable, leadership is accountable, cost must be properly managed and is recoverable, efficiency is attainable, fraud and waste are nearly preventable, and failure is unacceptable. (en)
has abstract	Project assurance or programme assurance is a discipline that seeks to provide an independent and objective oversight of the likely future performance of major projects for those responsible for sanctioning, financing or insuring such undertakings. The discipline has emerged as a response to consistent problems in major projects and the need to provide confidence for project or programme stakeholders of technologically advanced, high capital or high risk projects. Project assurance is in contrast with related disciplines such as project management, project benchmarking, value assurance or phase–gate model and project risk assessment. It is particularly well suited for projects with a major financial decision point beyond which revisions become exceptionally expensive. The term has expanded in its use to a more complete solution. It is now recognised that the original approach of audits of hard disciplines (methods, tools, processes) and soft skills (leadership, people management) need to be extended to include elements such as the context, content and complexity of a project and its environment - with appropriate levels of granularity and precision – to identify critical success factors and barriers to success. (en)
gold:hypernym	Discipline
prov:wasDerivedFrom	wikipedia-en:Project_assurance?oldid=1055771562&ns=0
page length (characters) of wiki page	4971 (xsd:nonNegativeInteger)
foaf:isPrimaryTopicOf	wikipedia-en:Project_assurance
is Link from a Wikipage to another Wikipage of	CityCenter Project executive Cost overrun
is foaf:primaryTopic of	wikipedia-en:Project_assurance

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