The Top Management Project Steering Committee
Many companies are supporting their project management efforts with a new organizational unit called a Top Management Project Steering Committee (PSC). This article discusses what a PSC is and describes the variety of roles and responsibilities that a PSC in the project management environment fulfills. The most fundamental job of the PSC is that of evaluating the relative merits of all approved projects and determining the extent to which they are aligned with the corporation's strategic goals. It is recommended that a formalized priority-setting process with weighted criteria be used to rank projects and that time contingencies be added to the lower priority projects.