Rockall supports the development and improvement of governance and assurance arrangements for large capital projects, programmes and portfolios. Our focus is on practical governance that fits the project lifecycle, provides clear decision rights, supports effective control and gives sponsors, steering groups, executives and boards confidence at key stages.
Example areas include:
Lifecycle and stage-gate governance: development or improvement of project lifecycle frameworks, stage-gate processes, control points, decision criteria and approval requirements from early development through investment decision, execution, start-up and operations handover.
Project assurance: design and delivery of assurance approaches, including independent reviews, verification reviews, health checks and readiness reviews. This may include the use of three lines or layers of assurance, from project self-assurance through functional or business assurance to independent review.
Decision rights and delegation of authority: clarification of approval levels, decision rights, accountabilities and escalation routes, including alignment with corporate delegation of authority requirements and investment governance processes.
Sponsor, steering group and board oversight: definition of the roles, responsibilities, cadence and information requirements for sponsors, steering groups, executives and boards, so that oversight is effective and proportionate to project risk.
Project delivery system compliance: review of how projects comply with company policies, project delivery systems, standards and required practices, including identification of practical gaps and improvement actions.
Governance effectiveness: assessment of whether governance arrangements are clear, efficient and effective in practice, including interfaces between project teams, functions, sponsors, committees and corporate decision-makers.
Rockall’s support is tailored to the project, organisation and risk. We help clients design, assess and improve governance and assurance arrangements that support sound decisions, effective control and successful project delivery.