What pros and cons for flexible vs hard and fast criteria

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Reference no: EM133641402

Problem I. Stage-gates are often designed as threshold barriers (i.e., "must-meet" requirements) where projects are allowed to go through only if they meet a specific number of criteria. These criteria could be factors such as minimum market-size addressed, maximum resource requirement etc.

Many projects have to deal with uncertainty where the criteria that are achievable is unclear at the beginning. Given this uncertainty, should the thresholds/criteria at the stage-gates (decision-points) be up for re-negotiation after it has been decided once? What are the pros and cons for "flexible" vs "hard and fast" criteria?

Problem II. Explain what the following terms mean: (1) a traditional or functional organizational structure, (2) matrix organization, (3) pure projectized organizational structure.

Problem III. Who has authority in each of the three structures given above?

Reference no: EM133641402

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