What is the value of Governance (GOV)?

• A. Minimizes the time required to complete projects.
• B. Increases the likelihood of scope creep and budget overruns.
• C. Decreases alignment between processes and business goals.
• D. Minimizes the cost of process implementation, increases the likelihood of meeting objectives, and ensures that implemented processes support and contribute to the success of the business.

Answer: (D)

Governance in this context is about providing the framework, decisions, and oversight that ensure process improvements are aligned with business strategy and deliver real value. When governance is strong, there are clear decision rights, funding, and performance measures for process initiatives, so improvements are planned, justified, and tracked against objectives. That leads to three key outcomes: the cost of implementing processes is kept in check, the likelihood of meeting objectives is higher because there are explicit success criteria and accountability, and the processes that are put in place genuinely support and drive the business’s success.

This is why the option focusing on these benefits best fits. It isn’t primarily about shortening project timelines, and governance works against scope creep and budget overruns by providing control and alignment. It also promotes alignment between processes and business goals, not decrease it.