Do you know where your investments go? How effective and accountable are the resources used in the international development? How can intercultural frictions, governance scandals, or corruption be prevented? Based on a case study the author unveils a gap in the governance of development projects, a gap between implementation and governance, ultimately hindering effective, transparent and accountable usage of resources. Illustrated with entertaining examples the author, himself a senior manager in development and business, develops a Project Governance model. Overcoming shortcomings of the theories of corporate governance and business ethics, of best practices in development and project management, the Project Governance Model is a concrete model for practitioners and academics. Its six modules build an integrated, strategically oriented and ethically reflected platform for a more truthful and efficient cooperation in difficult projects or programs such as in development.