%0 Journal Article
%T Governance of project management and capital investments: A case study in Brazil¡¯s mining industry
%A Adriano Smarzaro Siqueira
%A Jose Antonio Sousa Neto
%J Revista PRETEXTO
%D 2012
%I Universidade FUMEC
%X The objective of this paper is to present the results of a survey carried out to evaluate the application of corporate governance practices in the management of capital investments and projects by a Brazilian iron ore mining company in 2011. It addresses the main concepts related to projects and corporate governance, as well as the impacts of the Sarbanes-Oxley Act of 2002 on project management. Data were analyzed and processed using descriptive statistics. It was found that the four core disciplines of project governance: portfolio management, project sponsorship, project management, disclosure and reporting, are present in the organization¡¯s management framework, including the application of controls necessary to ensure the accuracy of financial analysis and future cash flows from the successful completion of capital projects. On the other hand, a discrepancy was found in the disproportionate allocation of resources and staff to mega project management compared to small and medium projects which, as a result, are not completed on schedule and within budget. Deficiencies were also found in the attribution of priorities within the organization¡¯s project portfolio.
%K Governance
%K Investment Effectiveness
%K Projects
%U http://www.fumec.br/revistas/index.php/pretexto/article/view/1037