I found a very interesting article at CIO. The title of this article is "Why Project and Portfolio Management Matter More at Recession Time".

I found a very interesting article at CIO.com. The title of this article is “Why Project and Portfolio Management Matter More at Recession Time”. This article discusses why project management is important for Information Systems projects in hard economic times. The article states that "High project failure means you're wasting money, and there's even less tolerance for that in a down economy". This article implies that good project management practices and methodologies can help minimize project failure. This article also implies that good project management can help organizations prioritize projects. What do you think? Do you think good project management can help with project failure? (minimum 50 words).