Senior management is a term used for that part of an organisation that ”owns” and governs the assignment.
Senior management is a permanent organisation, normally a pre-existing management team that decides which projects/assignments to commission.
They will be responsible for realizing the business objectives of the assignment, once it has been carried out.
- Has a multi-project coordinating function and decides which projects/assignments should be started.
- Ensures that the assignment’s business objectives are achieved and followed up.
- Prioritizes between projects/assignments and makes sure that there will be resources available to run those projects/assignments.
Senior management could be a management team, a portfolio management team or a project office.
The assignment sponsor is often the link between senior management and the assignment.
In large organisations, avoid making the highest management responsible for too many projects/assignments. Rather, strive to establish the senior management responsibility at the lowest possible level. However, for cross-functional, high-risk projects, responsibility will remain with the highest governing body.