Partner, Blum Shapiro Consulting
James M. Kerr is a management consultant and organizational behaviorist.…
This article is adapted from the Manage Work Through Projects chapter of the author’s new book The Executive Checklist: A Guide to Setting Direction and Managing Change (Palgrave Macmillan, 2014).
When portfolio management is fully embraced by an enterprise, larger efforts are more readily broken into smaller, more manageable ones. Further, project specific issues that may impact desired results are discovered and addressed sooner — before they grow into larger problems that become more expensive to fix down-the-road. Finally, the organization is less apt to squander precious resources on impractical and half-baked ideas when a more methodical approach is in place