Construction companies execute many projects simultaneously. In such situations, the performance of one project may influence the others positively or negatively. Construction professionals face difficulties in managing multiple projects in limited resource situations. e purpose of this study is to identify the problems in multiproject scheduling from the practitioner's perspective and to discover current practices under resource unconstrained and constrained settings. e specific objectives are (1) determining the most challenging issues being faced in handling multiproject environment, (2) enumerating the practices adopted in the industry, and finally (3) identifying the practitioners' perceptions on the multiproject scheduling aspects such as network modeling approaches; activity execution modes; concept of sharing, dedicating, and substituting resources; centralized and decentralized decision-making models; solution approaches; and tools and techniques. An online questionnaire survey was conducted to address the objectives above. e top challenging issues in managing multiproject environment are identified. Factor analysis identified the factors by grouping the variables (a) decision-related, (b) project environment-related, (c) project management-related, and (d) organization-related factors. Resource-unconstrained situation mainly faces the issue of underutilization and wastage of resources leading to lower profit realization. e following findings were identified to overcome the unconstrained resource situation such as identifying the work front, adopting pull planning approach, creating a common resource pool, and allotting it on a rental basis. On the contrary, resource-constrained situation faces the issues of prioritization of resources, coordination, communication, collaboration, quality issues, and rework. e findings suggest the strategies such as topup via subcontracting, proactive pull planning, introducing buffers, training the culture of the organization towards better communication, coordination, and collaboration, to improve the reliability of achieving baseline project performances. Various multiproject aspects suggested for effective management. e identified problems, practices, and various multiproject aspects are expected to contribute better management of multiproject resource unconstrained and constrained project scheduling.