Final answer:
Using functional elements of the parent organization as the administrative home for a project has advantages such as resource allocation, expertise, and efficient communication. However, it also has disadvantages including functional silos, inflexibility, and dependency.
Step-by-step explanation:
The major advantages of using functional elements of the parent organization as the administrative home for a project include:
- Resource allocation: Functional elements of the parent organization have established budgets and resources that can be allocated to the project, ensuring that it receives the necessary funding and support.
- Expertise and knowledge: The parent organization's functional elements typically have specialized knowledge and expertise in their respective areas, which can be leveraged to enhance the project's success. For example, if a project involves marketing, the marketing department of the parent organization can provide valuable insights and strategies.
- Efficient communication: Being part of the parent organization allows for easier and more efficient communication within the project team and with other departments. This can lead to better coordination, timely decision-making, and smoother workflow.
The major disadvantages of using functional elements of the parent organization as the administrative home for a project include:
- Functional silos: Functional elements of the parent organization may be focused on their own goals and objectives, which can create silos and hinder cross-functional collaboration. In some cases, conflicts of interest or competition between departments may arise.
- Inflexibility: Functional elements may be bound by their established processes and procedures, which can limit adaptability and flexibility. This can be problematic if the project requires agility and the ability to quickly respond to changing circumstances.
- Dependency: Depending too heavily on the parent organization's functional elements for support can create a sense of dependency. This can reduce the project team's autonomy and limit their ability to make decisions independently.