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A projectized organization's structure is organized around projects. Most of the organization's resources are devoted to the projects.the project team members report directly to the project manager who has a great deal of independence and authority (Imagine the structure in the Functional Organization) He reports directly to the CEO and has great control over his team and especially on what happens to his team members (Unlike the functional structure where the team is at the mercy of the functional manager)
Along with the responsibility comes the high level of autonomy over the projects. The projects managers are a happy bunch of people in a Projectized organization. The functional and projectized organizations are like north and south poles of a magnet.
A project manager in a projectized organization has the following attributes:
• The project manager is full-time.
• The project manager has full authority over the project team.
• There is full-time administrative staff to help with the project.
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∙ 12y ago
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How are project managers compensated?
This depends on the company that you work for. In some cases project managers receive an annual salary and that is it. Other companies have a variable pay that consists of a base pay and a performance pay relative to certain goals. The goals can be based on company performance or on project performance. If the goals are project based than the project manager usually has to meet milestones in the project to reach full pay. Sometimes if if goals are exceeded or if milestones are reached early there is a bonus.
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What company was in the Iridium project?
Motorola was instrumental in the development of the Iridium project
