MULTI PROJECT ORGANIZATION
Multi-project company means a company that arranges numerous projects simultaneously. Major processes involve multiple objectives at the very same time. The planning and distribution of resources would also have more importance in multiple – project entities. Preparation is the distribution of time to achieve a particular goal. In a multiple – project entity, it includes each objective for each task. In this, every other responsibility must be taken good care of by handling research and focus on all activities that are part of the planning phase. If the planning phase is not completed in advance, it will have a negative impact on the project. Here, the scheme applies not to this one but several programs. Planning will, therefore, play a critical role which will affect multiple – project companies. Now, with the allocation of resources, it implies to use the funds available within the organization to reach the company’s objectives. The distribution of resources could be human capital or structural support that can best be used to achieve the goal (Kapic, 2019). The allocation of resources to multiple – project institutions must be pre-planned to achieve specific objectives in a particular timeframe. It is essential to devote resources to all projects where and when appropriate, to achieve the goal. As a result, the allocation of funds will affect multiple – project companies.
Competence of multi-project managers was measured concerning administrative, business, interpersonal, intra-personal, technical and multi-project management skills, using 41 questions. Examples of the items should include: “I was able to create a business plan and a work plan efficiently;” “I knew the business outlook for my initiatives;” “My teams recognized me as their manager;” and “I was structured. I knew where the documents for my task were. “I did understand the technical side of my task;” and “I have fixed initiatives in just such a manner that the alternatives have profited as often as probable from all my initiatives.” value of Cronbach’s alpha was 0.93. It helps to have multi-project qualifications in organizing projects. Once multi-project managers have multitasking skills, they will be able to assess their available resources to establish objectives and efficiently switch situations to multi-tasking between various projects. Multi-project managers must also be successful in managing interconnections and connections between issues about shared goals, information and technical (Collard, 2019). Concurrent team management is another critical competence. This enables the capacity to put a team together again and gain protective clothing quickly, to result in the groups on a discrete basis, such as the selection and use of various leadership styles explicitly for each squad, and to interact to the team members in a precise and structured way.
References
Collard, A. S., Jacques, J., & Zienkowski, J. (2019). Scope and Objectives of the LITME@ WORK Research Project. Digital Media Literacy in Teamwork and Distance Work: Competences, Discourse and Organizational Design, 3.
Kapic, C. (2019). Managing the Agile Scalability to implement Agile Project Portfolio Management: A Case Study within the Automotive Industry.