Create and adopt governance document for the project.

Every project is governed independently, it has its own value equation and governance.
The Project Governance Doc is a very important foundational document that will save a lot of time later and will greatly reduce the risk of conflicts during the course of the project.
NOTE: The Project Governance Doc is a participatory document, meaning that everyone involved in the beginning should adopt it. You can start from a template and remix your own. The Project Governance Doc must contain a process for changing the governance at a later moment.

Create and adopt a Value Equation Agreement.

Every project is governed independently, meaning that it has its own value equation and its own governance.

See more about value equation
http://valuenetwork.referata.com/wiki/Value_equation

See how to create a Value equation agreement document.
https://sites.google.com/site/sensoricahome/home/what-we-do/working-space/procedures#TOC-Create-value-equation-agreement-document-for-the-project