Question

What are the advantages of the matrix approach in project management?

1) Efficient - Resources are shared on multiple projects as well as within functional divisions. Individuals can divide their energy across multiple projects on an as needed basis. This reduces duplication required in a projectized structure.
2) Strong Project Focus - A stronger project focus is provided by having a formally designated project manager who is responsible for coordinating and integrating contributions to different units. This helps sustain a holistic approach to problem solving that is often missing in the function organization.
3) Easier Post-Project Transition - Because the project organization is overlaid on the functional divisions, specialists maintain ties with their functional group, so they have a home port to return to once the project is completed.
4) Flexible - Matrix arrangements provide for flexible utilization of resources and expertise within the firm. In some cases functional units may provide individuals who are managed by the project manager. In other cases the contributions are monitored by the functional manager.

Answer 1

The matrix approach to project management offers efficiency in resource utilization, stronger project focus through a dedicated project manager, and easier transitions post-project. This approach supports modern workplace dynamics that prioritize flexible teamwork and clear communication. Therefore, the most appropriate option is 3.

Step-by-step explanation:

The matrix approach in project management offers several advantages that align with the needs of the modern, dynamic workplace. Firstly, it is efficient because it allows for resource sharing across multiple projects, reducing duplication. Secondly, there is a strong project focus, thanks to a designated project manager responsible for integrating contributions from different units. Lastly, the matrix setup facilitates an easier post-project transition for team members, as they maintain ties with their functional divisions, providing a 'home base' to return to after project completion. This approach matches the shift towards flat organizational structures, emphasizing flexible teamwork and the importance of clear, equitable internal communication within teams, as highlighted in conservation and across cultural working environments.