The Management of Resources in a Multi-Project - Essay Example

The management of resources in a multi project is relatively difficult for a number of reasons. Firstly, there is the challenge of linking multiple concurrent projects while ensuring that there is maximum utilization of resources in each project, this divided attention results to lower resource maximization.

Secondly, the manager deals with many teams, which may present diverse challenges; therefore, there may be an over-focus on one team at the expense of the rest. Finally, the switchover from project to project presents logistical challenges in establishing the precise cost of a project; though the overall engagement may be to reduce cost, it may end up increasing it. There are rules of thumb that can be applied by managers in ensuring that multiple projects are managed effectively. First, prioritization of the important and risky tasks, to such resource allocation should be given the first priority.

Second, is the establishment of minimal project scope. Thirdly, clear the tasks that have unclear and risky resource estimates.