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Yes, but it all depends on organizations.
If you are talking about putting a "project management structure" within an organization, they yes,, it would be possible/feasible to build a hierarchy of project management positions/roles/people within this structure.
SURE yes we can & when we are working in large , multiple projects
Yes We can:-
Hierarchy of project managers in the organization project management is suitable for large projects
Dear Rami, thank you for your invitation,my answer is Yes, once we have Mega-Projects.
Yes we can. Usually in companies where there are large projects are developed a certain hierarchy (topdown) is created as below,
1. Program Manager
2. Projects Director
3. Project Managers.
4. Project Coordinators
5. Model leaders
etc.