Multi-project management refers to the simultaneous planning, control and monitoring of several projects within a company. It ensures that resources are utilised efficiently, dependencies between projects are taken into account and strategic goals are achieved. While traditional project management focuses on a single project, multi-project management requires overarching coordination in order to avoid conflicting objectives and utilise synergies.
The "Projects" module in PlainPPM creates transparency in the company's project landscape. All projects with the desired information can be viewed at a glance.
What are the challenges of multi-project management?
Here are some of the biggest challenges:
- Resource conflicts: Limited human and financial resources need to be allocated sensibly.
- Prioritisation: Decisions have to be made regarding priorities of projects.
- Dependencies: Delays in one project can affect other projects.
- Transparency: An overview of all ongoing projects is essential in order to recognise bottlenecks at an early stage.
Solution approach
The typical challenges of multi-project management can be successfully overcome through a combination of clear processes and a modern software solution, PlainPPM, which considers prioritisation and dependencies, among other things. Companies that consistently implement these aspects benefit from greater efficiency, better utilisation of resources and an overall more structured project landscape.