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msc52njit-edu replied to the topic Different PM techniques based on size in the forum Project Management Application: Clinical Trial 7 years, 3 months ago
Project management techniques are different for different sized companies because bigger companies have a lot more workers to take care of and a larger budget that could potentially be wasted or misallocated. Even though both companies will have project managers or functional managers looking over their team, bigger companies will have more managers, which means more potential for time delays and for things to go wrong or overlap. Smaller companies are easier to coordinate with everyone based on their size. Also, losing a member of a project team for a smaller team is more detrimental than losing a project member for a really large corporation that can easily be replaced. Therefore larger companies will have stricter schedules and regulations to make sure that everyone in their large corporation is working to full efficiency. Also, people in a smaller corporation may take on more duties than people in a larger corporation who can spread the work out more evenly.