Yesterday, I ran a project management course and spoke about the need for companies to look at their overall portfolio of projects and challenge the list asking among other things:
- does each project fit with the overall objectives?
- what are the priorities within the overall list?
- are there some nice to have rather than essentials?
We had an interesting debate and I suggested that cuts to the list would help focus on delivery of the overall company agenda.
A little later I looked on line at the BBC website and cutting was the key word: “Coalition government axes £2bn of projects” screamed the headlines.
The group looked on reading and you can find out more here.