What are the disadvantage of top-down centralised approaches, Project Management

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What are the disadvantages of top-down centralised approaches?

The disadvantages top-down centralised approaches:

Project budgets can be imposed by using top-down which is centralised approaches as project board sets the budget:

Disadvantages

a. This may have less consensus through the project management (PM) and PM team as like creation of conflict

b. It maybe de-motivating to the PM (project management) and PM team as like a lack of initiative specified by the board.

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