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Not having a clear project management structure can lead to a higher rate of project failure, increased costs, and decreased productivity. It can also result in poor communication, lack of clarity in roles and responsibilities, and inefficient use of resources.
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According to the Project Management Institute, companies with clear project management structures have 38% more successful projects than those that don't. Companies that develop better project management practices save 28 times more money than those that don't. Use the time and money saved to invest in more innovative ideas for greater productivity.
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