This cross-industry code provides a structure for good practice that allows for constructive challenge, supporting effective decision-making. This will lead to better project outcomes for stakeholders, society, and the world.
As an industry, we are acutely aware of the significant challenges that face us. Not least the climate crisis, but also the pressures created by a growing global population with expectations of better living standards. We must now act more effectively, and with greater urgency, to address these challenges and deliver positive outcomes not only for those sponsoring and developing projects but also for society and the world. Good governance is critical to enabling such outcomes.
Led by the Project 13 Governance Pillar Development Group, and developed collaboratively by practitioners for practitioners across our industry, the Infrastructure Governance Code is structured around principles organised into six themes, to be used on a ‘comply or explain’ basis, underpinned by supporting provisions. The collaborative approach has been crucial to ensuring the code is fit for purpose and widely applicable.
It provides a structured system of good practice allowing for constructive challenge that creates the right environment for effective decision-making – which, in turn, will lead to better outcomes.
The code has been formally endorsed by:
- The Infrastructure and Projects Authority (IPA)
- The Institution of Civil Engineers (ICE)
- The Royal Institution of Chartered Surveyors (RICS)
- The Association for Project Management (APM
- The Major Projects Association (MPA)