projectfacts by teamspace

Introduction

Multi Project Management

Multi Project Management (MPM) is primarily concerned with planning, controlling and monitoring of the entire project team of a company or a unit. The project area comprises the number of all current projects in a company or company segment. Multi Project Management also means the direct and concrete focus on the organizational goals, planning, controlling and customization of projects in a project portfolio.

 

A need arises in following situations:

  • There are more projects than the processing capacity. Selection is difficult and often unsystematic.
  • Employees work on multiple projects simultaneously.
  • Priorities, Budgets and Times should be adhered to; however there is no warning system.
  • Priorities are changed, but none are noticed.
  • Similar projects are not identified; synergies not exploited.
  • There is no project database, to learn from the errors or to orientate on the successes.
  • Projects should be evaluated after the success. What has the project brought for us?

 

Following tasks belong to Multi Project Management (MPM):

  • Project selection and prioritization according to strategic aspects and unique criteria
  • Controlling of project teams; procurement of transparency over current and planned projects, schedule and capacity planning
  • Management of interfaces between projects; Processes between projects are the focal points and not the individual projects.
  • Encouragement of learning from experiences (related to estimations, risks, problem handling, etc.)
  • Centralized quality and risk management
  • Usage management (Usage controlling / Usage encashment)

 

projectfacts is a Multi Project Management system with classical methods of project management enhanced with possibilities of modern WEB2.0 Technologies. Thus the project times are entered by the authorized users themselves or customers can give their feedback about the current projects online. Hard facts, such as times, budgets and expenses can be combined with qualitative information, such as extraordinary events, feedback or status messages over projectfacts, to receive a latest and real image.


Why projectfacts?