Multiple artist working in the same project

Hello all!

I’m trying to implement UE5 into our studios work and I’m having a bit of trouble setting up the projects as to be able to be worked from a few artist at the same time.

We are a small studio working mainly with archviz and using a 3ds max + vray pipeline, working on server shared projects without any source control apart from iterative saving of files.

I found the multi user setup, but I don’t like the fact that every project has to have its instance on every artist machine.
Is is possible for multiple people to work on the same instance of the project that is located on a shared server?

Ideally we should have 1 project located on the server and all artists can open it at the same time and edit different parts of it.

If this is not possible and we need to have the same project on every machine, is there a way to minimize the size on disk for the artist machines?

Thank you for your time!
Martin