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It is entirely possible to put together a business consortium or a project team made of subject matter experts spread across all time zones and from around the world. In fact, this kind of decentralised management of business projects is becoming more of the norm than the exception in the twenty first century business environment. Conventional project management is a systematic approach to taking a project from scope to implementation that has proven successful in thousands of companies. We have no reason to abandon this well developed methodology. But as new business paradigms come into play, we have to adapt even a standard methodology like project management to fit the way business is done in this century.
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