Steering committee

Roles that need it

• Programme Manager (Banking)
• Project Manager (Banking)
• PMO Analyst (Banking)
• Management Consultant
• Change Manager (Banking)

Skills it belongs to

• Project governance and reporting
• Stakeholder management
• Building a slide narrative

Related concepts

• RAID logA RAID log is a project register of Risks, Assumptions, Issues and Dependencies (some teams use Actions or Decisions for the A and D). Each entry has an owner, a rating, a due date and a status, and the log is reviewed regularly at project and steering meetings.
• Go/no-go decisionA go/no-go decision is the formal checkpoint where accountable owners decide whether a release or cutover proceeds, based on agreed criteria such as test sign-off, open defects, readiness of users and support, and a tested rollback plan.
• Business caseA business case is the document that justifies a proposed investment or change by setting out the problem, the options considered, costs, benefits, risks, timing and the recommended option. It is approved before funding and revisited at each stage gate.
• RAG statusRAG status rates a project, workstream or risk as Red, Amber or Green against agreed criteria, for example Red when a milestone will be missed without intervention. It summarises progress for steering committees; useful RAG ratings come with clear thresholds and a short explanation.

Sources

• PM2 project management methodology, European Commission (external site) accessed 31 Oct 2026

Updated 31 Oct 2026.