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A project sponsor is the owner of a project who represents the sponsoring business unit. The sponsor is typically accountable for the following aspects of a project.1. Business CaseThe strategic basis for the project such as a business case or business plan.
2. Funding & ResourcesSecuring the funding and resources for the product.3. CommunicationRepresenting the project at the executive level and to impacted business units. The sponsor plays a critical role in gaining acceptance for the project and managing resistance to change.4. Project GovernanceMonitors the progress of the project and project risks to ensure that the project aligns to strategy and the interests of the sponsoring business unit. Accountable for delivering the business benefits of the project as stated in the business case.
5. RelationshipsManages relationships with the program manager, project manager and stakeholders.6. Performance ManagementManages the performance of the project, clears issues and arbitrates disputes. Supports the project manager to overcome hurdles in a timely manner.7. Decision MakingMakes decisions as business interpretations, project approaches and strategies are refined over the course of the project. In many cases, the sponsor doesn't directly make all decisions but provides a decision making framework.
Accountability & Responsibility A sponsor needs the visibility and authority required to champion the project. It tends to be a time consuming role and it's common for the role to be divided between an executive level individual who is accountable and a working level individual who is responsible. In many cases, these two roles are known as Executive Project Sponsor and Project Sponsor.|
| Type | Project Management | | Executive Project Sponsor Definition | The person who is accountable for representing the sponsoring business unit in a project. | | Project Sponsor Definition | The person who is responsible for representing the sponsoring business unit in a project. | | Related Concepts | Project Stakeholder |
Project Management
This is the complete list of articles we have written about project management.
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The definition of project concept with examples.
A list of common project risks.
A list of basic project management techniques.
A definition of workaround with examples.
A definition of project stakeholder management with examples.
A definition of action plan with examples.
The primary types of cost overrun.
The definition of document control with examples.
A guide to project oversight.
A definition of design driven development with examples.
A list of common project risks.
A list of common project stakeholders.
A list of common business risks.
The difference between a risk and an issue.
The four things that can be done about risk.
The definition of secondary risk with examples.
A guide to creating a risk register with an example.
A definition of risk perception with examples.
The common types of implementation.
A reasonably complete guide to project risk management.
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