Allocating resources from individual projects up can lead to a lack of strategic alignment, as resources are distributed based on individual project needs rather than overarching strategic goals. This approach can also result in inefficiencies, as resources may be allocated to projects that are not strategically important. Additionally, it can lead to conflicts and competition for resources among project teams. Finally, it can make it difficult to adjust resource allocation in response to changes in the business environment or strategic priorities.
Simplify the process of budget creation with our Budgeting Model template. This template includes ex...
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