Governance is often misunderstood, reduced to a checklist, a risk register, or a monthly report. Handed off to Finance for budget tracking or to the PMO for status updates. Safe. Structured. Superficial.
But that narrow interpretation misses the point entirely.
Governance is not about control. It’s about direction.
It’s the mechanism by which organisations steer complex, high-stakes projects through uncertainty, balancing ambition with realism, pace with precision, and risk with reward.
And when governance becomes siloed?
You get fragmentation. Financial governance focuses on cost, but misses delivery signals. PMO frameworks track milestones, but not commercial risk. Legal sees contracts, not operational realities. Meanwhile, delivery teams operate in isolation, firefighting, escalating late, or bypassing process altogether in the name of “just getting it done.”
This is how multi-million-pound programmes drift. Not because the people are bad, but because the system is blind.
At Panta Rhei, I take a different view.
I believe governance should be:
– Cross-functional – combining finance, delivery, commercial, legal, and operations in a single narrative.
– Decision-focused – not just reporting what happened, but enabling smart choices before it does.
– Flow-based – identifying bottlenecks, surfacing risk early, and enabling intervention at the right time.
– Culturally embedded – lived by project teams, not laminated in a binder.
Because projects don’t fail in PowerPoint. They fail in meetings that never happened. Risks that were never raised. Decisions that came too late.
True governance is a practice, not a process.
And when done right, it doesn’t slow things down. It creates the clarity and alignment that allow speed, without chaos.
That’s what I help organisations build.

