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Hollywood Secrets of Project Management Success by James Persse

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The Adverse Consequences of Black Box Management

The preceding four realities exist in just about every IT shop. They beg for some degree of portfolio management. When a shop opts out on this discipline, it’s effectively putting on management blinders. These blinders may allow a view of the path ahead, but they obscure any obstacles to the right or the left.

Project management does not ride a one-way stream of production, in which a product is launched to sail gloriously into the sunset. Efforts put into production will shape what comes back in the form of new projects. With portfolio management, it’s possible to proactively shape that cycle of production and thereby better manage value, efficiencies, and opportunities for improvement. The alternative ...

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