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Manage Project Portfolio During Recession Environment
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.”
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