1) What are the relative advantages and disadvantages of the functional, matrix, and dedicated team approaches to managing projects? The advantages of the functional approach include: 1. 2. 234 3. 4. The advantages of the matrix approach include: 1234 The advantages of the dedicated team approach include: 1. 2. 3. 4. The weaknesses of the functional approach include: 1. 2. 3. 4. The weaknesses of the matrix approach include: 1. 2