This recession could cause your enterprise to scale back its investment commitment for projects. Now is a good time to refine your project ranking and scan the pipeline for high-value ungoverned project proposals. Investment scenarios can be helpful to facilitate a portfolio review with your governance team. Consider preparing them in advance. Also, remember that economic downturns can also be a time for considering strategic investments that can change the company’s competitive position as the storm blows over. …
… “More typically, failure lives in shades of gray, and choosing the worst projects among a mediocre group can be tough. ” …
Via ZDNet: Managing Projects during recession
