Chapter 18. Managing a Portfolio of Projects

Senior managers “need to know how to juggle a portfolio of projects.” They need to “make sure to allocate resources carefully across projects to minimize the constraints on the shared resources. . . . Too often, projects fall short of resources or lose direction because of a lack of agreement among senior business and functional managers. . . . The progress of any individual project is limited by factors outside an individual manager’s control.”1

1 Jeffrey Elton and Justin Roe, “Bringing Discipline to Project Management,” Harvard Business Review (March-April 1998), pp. 156-57.

One of those shared resources is staff. Estimating methodology enables an organization to project staff needs over project ...

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