The project owner is the person who:  | 
								
								
									1.  | 
									Stands to win or lose the most in terms of the outcome of the project  | 
								
								
									2.  | 
									Accepts full authority for the project  | 
								
								
									3.  | 
									Accepts accountability for the performance of the project (and who wants to do the project)  | 
								
								
									4.  | 
									Provides resources.  | 
								
								
									|   | 
								
								
									Responsibilities  | 
								
								
									1.  | 
									Gives guidance on the overarching vision and strategy in terms of the project.  | 
								
								
									2.  | 
									Ensures that project objectives remain aligned with corporate and business needs.  | 
								
								
									3.  | 
									Identifies the project manager.  | 
								
								
									4.  | 
									Supervises the processes, procedures, budget and monitoring.  | 
								
								
									5.  | 
									Reacts pro-actively on potential risks.  | 
								
								
									6.  | 
									Reacts on issues (i.e. risks that materialised).  | 
								
								
									7.  | 
									Ensures that the project has the required resources.  | 
								
								
									8.  | 
									Helps to eliminate conflict of resources.  | 
								
								
									9.  | 
									Manages the benefits of the project (after completion of the project).  |