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What are company managed projects in Jira?
Unlike Jira’s team-managed projects, company-managed projects are projects that are administered at company/Jira admin level.
The Jira administrator uses a standardized way of working. They use configuration schemes through which multiple projects managed by a company can share the same configuration. When an administrator sets up a specific schema, the company has the same workflow on all projects that use that schema. If he changes the schema, the schema is changed for all projects that use it.