Portfolio Power

In a recent study of 130 Fortune 1000 companies, the Kellogg School of Management found that 41 percent lacked a centrally overseen IT budget, 46 percent did not track projects centrally and 68 percent did not track project benefits.

Matt Light isn't. In fact, he wasn't so discouraged by the numbers. The research director for application development at Gartner shared these numbers at July's Project Portfolio Management conference, Gartner's three-day strategic summit for optimizing business, held in San Francisco.

"Perhaps I'm a little more encouraged by the study than discouraged. Some of those numbers are actually a little better than I expected," Light says.

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