Chapter 7Iterate on the Portfolio
If you want to consciously make portfolio decisions rather than have the projects whip you around, you’ll need to plan how often you will want to review and adjust the project portfolio. If you don’t plan to iterate, you will have emergency projects (Figure 4, A dynamic view of what happens when no one manages the project portfolio), which throw the whole organization and the portfolio into disarray. If you plan your iteration period, you will prevent emergencies and help the project teams make the most of their time for their projects.
When most people slot their projects into a portfolio, they easily have twelve to eighteen months of planned work in the portfolio. That’s way too long. You can’t possibly ...
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