Professional Documents
Culture Documents
Organization Systems RDM
Organization Systems RDM
ORGANIZATIONS
PROJECT BASED
Manufacturing, Financial service firms which have a separate dept as proj based
Org. have developed unique culture They reflect shared values, norms and expectations in their policies and procedures Org. culture often have a direct influence on project
ORGANIZATION STRUCTURE
ORGANIZATION
FUNCTIONAL
PROJECTIZED
MATRIX
ORGANIZATION
It is Eternal
Needs wide range of skills and expertise Organization is visionary
PROJECT
It is time bound i.e. definite beginning and definite end Needs specific skills to accomplish the project Most of projects are TARGET based
A organization is lead by a leader A project is lead by a Manager whose decisions are depend on the organization·s head. It has a board of members who take key decisions The executive committee takes key decisions
Should put Financial statement Needs to show projected balance analysis,cashflow analysis and ratio sheet, cash flow, cost analysis and analysis social accounting
ORGANIZATION Organization can go for IPO Organization is permanent It can recruit any time Answerable to many people who are associated with the organization
PROJECT
A project can not It is contract based Can·t recruit anytime Answerable to the company with which the project is associated