What mismanaging Small Projects Will Cost You | Episode 153

www.pm-podcast.com/153. Let's do the following exercise together: Today or tomorrow when you get to your office I want you to take a look at your organizations portfolio of projects. Obviously, the more project management maturity your company has, the more detailed this will be. However, what you will see in most companies is that the portfolio usually only contains the large, important or strategic projects. But what about the smaller ones? You know... those 30 projects which individually don't look like much but when you look at them as a whole they become a sizable chunk.
Often they are missing in the portfolio. So because they are "not important", would take too much time to keep track of, have too small a budget or a million other reasons they are not on anyone's radar. But small projects, while often overlooked, are still crucial to a company's success and will cost you a lot of money if managed improperly.
This is the premise of our discussion today with Curt Finch, CEO of Journyx (www.journyx.com). We discuss how he defines a small project, why we tend to ignore the small ones, how he recommends that we manage all of these small projects, we look at the 3 key best practices that we must implement on a small project to be successful and what you can do today to improve overall management of small projects in your area of influence.