Strengthening Project Assurance with Fluid Governance

Fluid Governance is a governance engine designed to strengthen assurance reporting and exception management within your project portfolio. It ensures project compliance by continuously monitoring key governance metrics, highlighting exceptions, and enabling PMOs to take corrective action before risks escalate. It therefore enables organisations to improve oversight, enhance data accuracy, and drive strategic focus by identifying potential risks early and ensuring projects stay on course. 

Key Features

1. Assurance Reporting & Project KPIs
   Fluid Governance provides a structured approach to governance assurance by tracking key project performance indicators (KPIs). These KPIs ensure projects adhere to compliance, quality, and risk standards, allowing PMOs to validate project health and performance with confidence.

2. Managing by Exception
   Instead of manually reviewing every project, PMOs can focus on the areas that need attention. Fluid Governance highlights exceptions to governance rules, enabling Assurance Managers to proactively address risks and prevent project delays.

3. Customisable Governance Framework
   PMOs can configure governance criteria to align with organisational policies and objectives. These criteria can include financial thresholds, milestone adherence, resource utilisation, and risk management, ensuring governance remains relevant and actionable.

4. Continuous Oversight & Early Intervention
   Real-time monitoring and automated alerts enable PMOs to detect governance concerns before they escalate. By identifying potential gaps early, Fluid Governance supports proactive intervention, ensuring project KPIs remain on track and minimising disruptions.

5. Informed Decision-Making for Assurance Managers
   With structured governance reporting and project KPIs, Assurance Managers and executives gain a clearer picture of project status and portfolio health. This data-driven approach supports faster, more informed decision-making, ensuring governance drives project success and aligns with strategic goals.

How Does Fluid Governance Work?

1. Configure Governance Rules: Define the criteria and rules that align with your portfolio’s governance framework.

2. Create Data Checks: Establish data checks across various project capabilities, including Resources, Financials, Health, Schedule, and Governance.

3. Monitor Project Compliance: Use the Governance Assessment reporting tool (available from the project workspace and project dashboards) to monitor and review project compliance against the configured rules.

4. Communicate Best Practices: Roll out and enforce reporting standards and best practices via Fluid Governance.