AbstractLarge national and international mega‐projects are often structured around a hierarchy of a number of interrelated projects and subprojects. This construction of a complicated and fragmented project organization forms a multiproject environment. The networked structure of a mega‐project, such as in shipbuilding or in the offshore industry, with its significant amount of boundaries between subprojects, poses a demanding task for project management. The purpose of the method designed in this research is to assist a company's management in the process of forming a comprehensive view of projects in a multiproject environment. The holistic overview of the project is formed by looking at individual subprojects from a variety of qualitative angles. This article introduces a method for the collection and analysis of qualitative information from a project organization. The application used converts the results of the operative project‐level analysis into explicit system‐level information for management guidance purposes. The method of a new qualitative project analysis uses fuzzy logic and emulation. The conceptual part of this article discusses the theoretical framework behind the application. Next, the empirical results of the implementation of the new analysis method in a project‐based enterprise are illustrated. Finally, an example of revised project guidance proposals is presented. © 2009 Wiley Periodicals, Inc.