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Definately company structure is very important aspect for communication flow within or outside the company. Escalations and respective experts for coaching, work authorization and mentoring help the project success.
Also power to lead, support and deliver project within time, cost and scope is essential for sucess. If it is not in a way then project may lead towards failure.
A Company may or can be structured in different ways, depending on the needs of its business. Its how a company opts to organize it's management structure is extremely important, as organizational structure has a multifaceted impact on the bottom line of the business & its profit. This becomes even clearer if you look at the specific areas affected by the organizational structure viz - communication, discipline, retention and efficiency.