Standardize the parts that benefit from consistency: ownership, review states, required fields, and handoffs. Leave room for teams to represent the detail unique to their work.
Recurring work becomes easier to operate when intake, approvals, due-date rules, and reporting are attached to one visible workflow.
The goal is not maximal process. It is a system that makes ownership, risk, and the next action easier to understand.
Use one source of work truth.
Planning, execution, context, and reporting are easier to reason about when they point to the same underlying objects.