Managing Without a Project Portfolio

Managing without a project portfolio leaves you and everyone around you with all sorts of debt.

When you don’t manage the project portfolio, you incur management debt by having to make more and more critical decisions without sufficient data. The products incur technical debt in the form of people taking shortcuts to complete projects because they have too much to work on to take the time to do whatever they need to do right. And as an organization, you incur capability debt, because people (managers and technical staff) can’t improve their capabilities when they’re overburdened with too much work to do. Without a portfolio, your situation looks something like Figure 4, A dynamic view of what happens when ...

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