Project-Based Organizations

Project-Based Organizations (PBOs) are companies that focus primarily on completing specific projects rather than ongoing operations. Each project has clear goals, timelines, and budgets, often requiring a unique set of resources and skills. Examples include construction firms, film production companies, and consulting services. In a PBO, teams are typically formed for the duration of a project and may disband once it’s completed. This structure allows for flexibility and adaptability, enabling organizations to respond effectively to clients' needs and changes in the market. Overall, PBOs excel in delivering targeted outcomes within defined limits.