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Give the Advantages of Matrix Organization.

Give the Advantages of Matrix Organization.

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Kavungya
- Specialized knowledge is available to all projects or products on an equal basis. Knowledge and experience can be transferred from one project to another;
- Utilization of manpower can be flexible because a reservoir of specialists is maintained in functional departments. These specialists can be deployed to the various projects for optimum use of their services;
- Responsibility for the overall execution, management, and profit is with the project manager who acts like a chief executive;
- Project people have a functional home when they are no longer needed on a given project;
- A better balance between time, cost and performance can be obtained through the built-in checks and balances and the continuous negotiations carried on between the project and the functional organizations.
Kavungya answered the question on March 26, 2019 at 12:50

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