International Project Management

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Executive Summary:

With the increase in globalization, integration of world markets, and rise in the concept of the importance of International Project Management has increased many folds. Project management is a discipline that applies various tools, concepts, principles, practices, activities that help in improving the profitability of organization and results in overall growth. It helps organizations working in various parts of the world in integrating there operations and achieving goals. The project management concepts are based on principles of rationality in human behavior, and similarity of working culture over organizations that is a bit unrealistic due to differences in Environmental Factors such as legal, political factors, security, cultures, economic factors, geography and infrastructure all over the world.

To bridge the gap project managers need to be tactful, flexible and shall avoid bureaucracy. For International Project Management to be successful a project manager and his clients should understand that different types of situations require variations in the basic principles.

The challenge for most enterprises as they move towards a global model will lie in successfully managing international teams. Meeting this challenge will be expensive in terms of both resources and time. Firms need to get on with the task of building a new model for leadership development in a global community - a model that derives from recognition of a whole new array of leadership requirements: Managing Environmental Scan, the Competitive Strategy, Organizational Versatility, Teams & Alliances, Change, Personal Effectiveness that are Leadership Development Clusters of international project manager.

The effective international project manager will need to understand how to organize and lead multinational teams; deal with issues of collaboration and cross-cultural variances; and develop processes for coaching, mentoring, and assessing performance across a variety of attitudes, beliefs, and standards. That requires the ability to effectively lead and direct a diverse group of people, most of whom will have values, beliefs, behaviors, business practice standards, and traditions that are likely to be culturally different from those of the manger or leader.

Location of project is also very important; it considers the politic stability, skilled worker and supply, culture compatibility, infrastructure, government support, and product-to-market advantage. A company expands to include overseas operations and starts to employ people from different national cultures, management faces a number of challenges. Not least of these are how to motivate and reward employees and how to be an effective expatriate manager.

Table of Contents:

Executive Summary ……………………………………………………………………1

Table of Contents …………………………………………………………………… 2

1. Introduction ………………………………………………………………………….3 2. International Projects ………………………………………………………………..4 2.1 Assessing for the international projects ………………………………………4 2.2 Environmental factors ………………………..……………………………….4 2.2.1 Legal political factors ………………………………………………..5 2.2.2 Security ……………………………………………………………..5 2.2.3 Geography …………………………………………………………….5 2.2.4 Economic …………………………………………………………...5 2.2.5 Infrastructure …………………………………………………………..5 2.2.6 Global organization …………………………………………………...5 2.2.7 Cultures ………………………………………………………………..5 2.3 Cross-cultural consideration: A closer Look …………………………………...6 2.3.1 Country cultures ……………………………………………………...6 2.3.2 Different Languages ……………………………………………….......6 2.3.3 Time Zone …………………………………………………………....7 3. The Framework: Change Management and Five Categories …………………………7 3.1 Global teames ………………………………………………………………8 3.2 Global communication ………………………………………………………8...
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