In addition the speed and pace of change is more intense, has broader reach and greater impact on an organization - and it is only going to get more challenging.
There must be a better way....
How about a technology that allows you to manage all these forms of change in the same place in real time with all project teams collaborating to get the real work done - not spend most of the time reporting upwards trying to work out what to do next.
Each phase of a project a team comes together to collaborate on the work that needs to be done - Risk Register, Benefits Analysis, Gantt Chart etc etc. It's social - so most anyone can support, guide, mentor the team to get a better outcome - both for the project and the overall portfolio - projects typically do not exist in isolation - they are part of an eco-system.
Any one in the extended organization can comment, chat, add ideas etc to make the project better - in a transparent collaborative manner so there is more chance of business change being adopted.
Management (as well as everyone else) can look at the overall portfolio so focus on the exceptions (projects off the rail, greatest risk, critical path etc) and help teams be more effective - and provide the right recognition and support. Overall the change portfolio is achieved faster, with higher quality, more predicatable benefits with greater organizational involvement.
This allows you to get a handle on the breadth and scale of activities taking place at the moment
Then think about how you might manage it as a collaborative portfolio
The insights behind this came from Alex Clark - CEO at element8 software - who knew there must be a better way of managing business change and transformation!!