Multi-Project Management

Explanation

In multi-project managementProject ManagementProject management includes all methods used to plan, manage and execute projects., multiple projectsProjectA project is a temporary initiative with clearly defined objectives, resources, and a specific outcome. are planned and managed simultaneously. The goal is to allocate resources efficiently and avoid conflicts between projects.

Especially in organizations with many parallel initiatives, central coordination is required to set priorities and use resources effectively.

Multi-project management often forms the basis for project portfolio managementProject Portfolio ManagementProject portfolio management refers to the centralized management of all projects within a company., where projects are additionally evaluated and prioritized from a strategic perspective.

Synonyms and Abbreviations

• Multi-Project Coordination: Coordination of parallel project activities.
• Project Portfolio Coordination: Coordination of multiple projects within an organization.