Monday, August 10, 2009

BUSINESS FORM & ORGANIZATIONAL STRUCTURE SUITED FOR PROJECTS

BUSINESS FORM & ORGANIZATIONAL STRUCTURE SUITED FOR PROJECTS

Projects are identified, appraised and implemented. They may be successful, challenged or outright failure. The experience gained in the process is used in the next round for better identification, appraisal and implementation. When a project enters an implementation stage, the first question would be: what form and what structure. While form refers to nature of business, partnership or corporation, the structure refers to organizational setup like process or product. Sometimes, a new problem is confronted whether to implement the project as a part of the existing setup or as a separate legal entity.

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