Project Management in Large Traditional Companies
These companies are mostly involved in plant construction, public administration, building trades and defense which have the lowest levels of uncertainty and have a need for predictability. They maintain a strict and hierarchical structure with formally delineated responsibilities, well-defined processes and procedures to which they adhere to. Since decades, they are so dependent on project management that they are using its indispensable methods for reaching their goals. Before the beginning of any project, components of a project are segregated and assi...
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...ts required at the beginning of the project life cycle.
Three different forms of organizations/companies are considered and their advantages and disadvantages are described above. Traditional organizations techniques have proven to work for most the domains and environments. As they use orthodox techniques and tools for managing projects and problem solving. Their techniques have been proven for decades and hence the outcome of such techniques are predicted accurately. Whereas a technology company has a reduced power struggle and has a weakness in poor control of its functional areas. Projects in technology company are prone to project inflammation; in a small startup project planning is not done all at once and there are no set rules and procedures. Hence, team members have to work autonomously and grab things off the list as and when they complete tasks.
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