Introduction
Project management is the process of organizing and managing resources in order to complete a specific goal. The goal of project management is to ensure that all project goals are met within the given time frame, budget, and scope.
Project managers are responsible for ensuring that all project goals are met. In order to do this, they must track and manage all project resources. This can be a daunting task, especially if the project manager is managing multiple projects simultaneously.
There are many different ways to track and manage multiple projects. In this article, we will explore some of the most common methods for tracking multiple projects. We will also discuss the advantages and disadvantages of each method.
How do I track multiple projects?
One of the most common questions asked by project managers is how to track multiple projects simultaneously. There are many different ways to track multiple projects. Some project managers prefer to use a single method for all projects, while others use a mix of methods depending on the project.
Some of the most common methods for tracking multiple projects include:
Gantt Charts
Gantt charts are a type of bar chart that shows the start and end dates of a project, as well as the tasks that need to be completed within that time frame. Gantt charts are a popular method for tracking multiple projects because they are easy to understand and can be used to track both small and large projects.
Advantages:
Gantt charts are easy to understand and can be used to track both small and large projects.
Disadvantages:
Gantt charts can be time-consuming to create and can be difficult to update if the project schedule changes.
Project Portfolio Management
Project portfolio management (PPM) is a process used by project managers to track and manage multiple projects. PPM is a holistic approach to project management that takes into account all aspects of a project, including the budget, scope, and timeline.
Advantages:
PPM is a holistic approach to project management that takes into account all aspects of a project.
Disadvantages:
PPM can be time-consuming and resource-intensive.
Software
There are many different software applications that can be used to track and manage multiple projects. Some of the most popular project management software applications include Microsoft Project, Wrike, and Asana.
Advantages:
Software applications can be customized to meet the specific needs of a project.
Disadvantages:
Software applications can be expensive and can require training to use.
What is the best way to keep track of multiple projects in Excel?
Excel is a popular spreadsheet application that can be used to track and manage multiple projects. Excel can be used to track project tasks, timelines, and budgets. Excel also offers a variety of features that can be used to customize project tracking, such as conditional formatting and filtering.
Advantages:
Excel is a popular spreadsheet application that can be used to track and manage multiple projects. Excel can be used to track project tasks, timelines, and budgets.
Disadvantages:
Excel can be difficult to use for project management if you are not familiar with the application.
What is the best way to track a project timeline?
There are many different ways to track a project timeline. Some project managers prefer to use a Gantt chart, while others use a software application.
Advantages:
Gantt charts are easy to understand and can be used to track both small and large projects.
Disadvantages:
Gantt charts can be time-consuming to create and can be difficult to update if the project schedule changes.
