A Process takes inputs and transforms them into outputs, and may be connected to other Processes in process flows. The work of Work - Administration contributes to This Process.
Making a general plan, thinking about incentives (value accounting and value equation), put in place governance.
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
See how to create a Value equation agreement document.