Explain basic organisational structures, Risk Management

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Question :

(a) Every company has its own idea about how to organise itself and its work. Different companies doing the same work may have different organisation structures and equally successful in their projects. What are the project considerations that a company must keep in mind while choosing an organisation structure?

(b) Discuss, including diagrams, the three basic organisational structures, namely; functional project structure, project based structure and matrix structure.

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