Application of the multi-project management in companies

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Date
2013-08-01
Journal Title
Journal ISSN
Volume Title
Publisher
Technická Univerzita v Liberci
Technical university of Liberec, Czech Republic
Abstract
Contemporary companies use as a tool for strategy implementation project management. The problem of this approach is that the number of projects grows; the company must solve parallel projects of various types and priorities. On the other hand the growth of resources is not so remarkable. An effective management of project portfolio consists of three phases: formulation of the framework of portfolio configuration, portfolio design and portfolio management. The portfolio management is also called a multi-project management, concerning variety of activities including portfolio optimizing. The reasons for multi-project implementation are different (advanced globalization, the integration of markets or the development of new technologies). All these factors make great demands on the right implementation of multi-project management. The goals of this article are to analyze activities leading to an effective use of multi-project management, describe steps which are necessary to do for its successful implementation and illustrate the practical use on the example of one company as verification case study, which proved the theoretical background of this topic.
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Subject(s)
multi-project management, project, project management, portfolio, strategy
Citation
ISSN
ISBN
978-80-7372-953-0
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