The project pipeline .
By using project management, organizations can not only meet aggressive deadlines and tight budgets but also achieve measurable outcomes and value-generating benefits. This article features the chief information officer at Comgas (Sao Paulo, Brazil) discussing how his company uses project management to achieve its schedule and budget targets and gain benefits that contribute to improving profitability. In doing so, it overviews Comgas's approach to managing projects via a portfolio management process that aligns with the organization's framework for governing its information technology (IT) activities. It describes some of the challenges that Comgas routinely faces while managing project within the often volatile natural gas industry. It also identifies Comgas's approach to selecting and prioritizing projects. It then explains how the company manages risk and how its IT team resolved a project that had failed.