The current economic downturn has resulted in contraction of IT Department budgets and a mandate to allocate resources to only the most critical projects, then execute flawlessly.

This paper outlines some bad, but not uncommon tactical reactions to falling budgets, and describes problems those reactions generate. It also recommends a proven alternative for delivering more value with smaller budgets using an Agile
and Lean framework that avoids costly project failures, maximizes ROI of projects undertaken, and lets you have a more adaptable and flexible portfolio of projects.