331 A company has fifteen projects going on at once Three pr

3-31 A company has fifteen projects going on at once. Three projects are over $5 million, seven projects are between $1 million and $3 million, and five projects are between $500,000 and $700,000. Each project has a full-time project manager. Just based upon this information, which organizational form would be best? Can all the project managers report to the same person?

Solution

As stated in the quesetion, the company has 15 projects going at the same pace and at same time.

As given,

3 projects -- profits $ 5 million

7 projects -- profits $ 1 - $ 3 million

5 projects-- profits $ 500000 - $ 700000.

There are 15 project managers handling 15 projects . The first 3 projects running with such a huge profits are handled by single manager each. The dedication and hard working nature of the project manager is one of the reason for the project to be a huge success.

YES ! , All the project managers can report to the same person. The problem arises whether the reporting person is capable enough to the handle all the numbers and data. The specified person has to have all the qualities to handle such projects which are on-going at the same time. To store the data given by them , to interpret the data , classify and analysis the data . The task of reporting and maintaining the confidentiality of the data is a great work.