You are leading a large-scale corporate construction project and need to define an effective governance structure. Considering the nature of the project, what would be the most appropriate action to ensure alignment with the overall organizational governance?
Develop a completely new, independent governance structure specific only to the project.
Replicate the existing organizational governance structure within the project governance.
Avoid establishing any formal governance structure to enable more flexibility in decision-making.
Adopt a more informal governance approach given the unique demands of the construction project.
Choosing to replicate the organizational governance structure within the project governance ensures consistency and eases the decision-making process, particularly in a large-scale project where multiple departments and external stakeholders are involved. This approach helps in maintaining a cohesive and strategic alignment with the wider organizational policies and standards. Tailoring a project-specific governance structure or adopting a less formal approach could lead to inconsistencies and misalignments with how the broader organization operates. Hence, mirroring the organization's existing governance model is recommended when feasible.
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