This essay will look at the role of peer groups in value project management. Landsafe is affiliated to the Bank of America. As a subject, project management is closely allied to risk management and strategic planning. Despite the problems discussed, single-project alliances have advantages over long-term partnerships. An alternative to fully merged legal mega firms is the concept of association, in which co-operating firms present a united force externally but are separate legal and financial entities. We recommend that a delegation of industry leaders meets annually to discuss these issues. The Faroe Islands currently have bilateral trade agreements with Iceland, Norway and Switzerland.
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