You are leading a large-scale corporate construction project and need to define an effective governance structure. Considering the nature of the project, what would be the most appropriate action to ensure alignment with the overall organizational governance?
Adopt a more informal governance approach given the unique demands of the construction project.
Develop a completely new, independent governance structure specific only to the project.
Avoid establishing any formal governance structure to enable more flexibility in decision-making.
Replicate the existing organizational governance structure within the project governance.