Project based organizations

Project Based Organization (PBO)

Project based organizations (PBO) are temporary structures created to facilitate the execution of projects. PBOs can exist within all forms of organizations....
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Project-based organizations are those whose operations consist primarily of projects. These organizations fall into two categories:

■ Organizations that derive their revenue primarily from performing projects for others—architectural firms, engineering firms, consultants, construction contractors, government contractors, nongovernmental organizations, etc.

■ Organizations that have adopted management by projects