Create a matrix where both axes represent an intersection of two important resources necessary to complete a project: this is called the Project Portfolio Matrix. In this case the y axis is cost and the x axis is time. Under “cost” from bottom to top is listed “underspent,” “on budget,” and “overspent.” Under “time” from left to right is listed “late,” “to plan,” and “early.” Now plot projects on there in circles where the grid lines intersect. Where do you fall on the matrix? Under cost, on time? Over cost, early?