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prepare a 70 word response to the following: 1. Define Identify and explain the three different project management structures used by companies to implement projects.

prepare a 70 word response to the following: 1. Define Identify and explain the three different project management structures used by companies to implement projects. COLLAPSE Define Identify and explain the three different project management structures used by companies to implement projects. Projects can be organized within the functional organization; or with dedicated teams; or within a matrix arrangement (Larson et al., 2024). Managing projects with an existing organization utilizes the management already in place. Projects within a functional organization are a top-down management approach, as it is the senior management who decides the projects to carry out. Responsibility of a project is assigned to the applicable subordinate manager, usually with respect to department or functional area by senior management. Projects managed within military structures are often referred to as taken out of hide, highlighting the financial and human resource constraints placed on an organization when projects are undertaken within the organization (Hitchens, 2024). Organizing a project by creating a dedicated team greatly differs from projects being organized within the function organization as the dedicated project team operates independent from the management of the organization. All team members are dedicated to the project in a full-time capacity to work for the project manager (PM). The PM with the dedicated team is responsible to the parent organization t

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