In reply to Jane McConnell.

It sounds like the world is finally catching up, Jane :)

I use the term projects in the traditional sense of the word, as in "managed projects" using "project management" methodology. In some cases, this type of management may be required, especially for complicated projects like building bridges. For knowledge work, I agree, a looser approach may be better.

Look how Yammer manages projects (not sure if this is still the case):

"Yammer’s biggest rule of thumb is 2 to 10 people, 2 to 10 weeks – which means they generally don’t do projects that are larger or more complicated. There is a non-linear relationship between the complexity of a project and the wrap-up integration phase at the end. If you go anywhere beyond ten weeks, the percentage of time in the wrap-up phase becomes disproportionate." - http://firstround.com/article/Why-Yammer-believes-the-traditional-engineering-organizational-structure-is-dead