Manage Your Project Portfolio, 2nd Edition

Fund Projects Incrementally

Since you commit to a project only for a short period of time, consider funding the projects only for a short period of time as well. Make sure each project has the people it needs to make progress. That’s the whole point of assigning teams to projects and stopping when you run out of people (see ​Rank with Business Value Points​). Don’t starve projects of money either. Fund them money as they need it.

When my children were old enough for a clothing allowance, I asked them if they wanted all the money at once (with my heart pounding) or if I should give them money quarterly or half-yearly. They each decided on half-yearly. That way, they had enough money to buy fall clothes but not run out of money for the summer. ...