Economic effects of multi-project management

Abstract

This thesis discusses various approaches to project management. In particular, it focuses on the effects of functional and project coordination when inter-project interactions exist. Various organizational structures and their corresponding advantages and disadvantages are first presented. The effects of theses organizational structures on projects with and without inter-project interactions are then studied. Next, difficulties that may arise from combining various management structures with profit maximization are analyzed. Finally, it is shown that by managing inter-project interactions effectively, rapid design transfer is achievable. This allows both quick product development and relatively new design in products, while requiring limited financial and organizational resources.