As explained in the lecture videos of this week there are 3 types of organizational structures. First, the Functional Organization which has a dedicated team with members having shared skills and knowledge and this helps individuals for increased specialization. However, any changes made by any of the other departments would affect the work of the other team if the changes are informed with a delay hence making it tough for coordinating between the teams. Second, the Project-Based Organization projects are done by a team which is structured to have a functional head with team members from the different departments which allows the entire team to focus on the goal of the project, apart from this such an organization helps improve project management skills and technical leadership skills. But there is limited sharing of knowledge and is feasible only for big projects as it is an expensive commitment for having a team that is dedicated to a project. Thirdly, we have the Matrix Organization which is a hybrid organization with mostly a project head and the functional head and makes efficient use of resources. A good amount of knowledge is shared within the team members and projects are completed faster and easily. The only disadvantage of having conflicting schedules can be overcome by negotiating between the two heads for the better running of the project and the organization by managing the environment within the workplace.
I personally would prefer the matrix organization because its a team made with individuals from different departments which allows quick problem solving and is efficient. Allows many ideas to flow in and work on the best of them with a good coordination and a good management of resources.