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Lecture Project management: The managerial process (6/e) - Chapter 15: International projects

This chapter targets the international project manager who must resettle in a foreign environment to manage the project. The chapter also includes useful information for project professionals working overseas as well as those working on virtual projects involving colleagues from different countries. | Project Management 6e. 15–1 15–2 Where We Are Now Project Management 6e. 15–2 15–3 International Projects Types of Projects Domestic Overseas Foreign Global Issues in Managing International Projects Environmental factors affecting projects Global expansion considerations Challenges of working in foreign cultures Selection and training of overseas managers Project Management 6e. 15–3 15–4 Environmental Factors Legal/Political Political stability National and local laws and regulations Government, state and local bureaucracies Government interference or support Government corruption Security International terrorism National and local security Local crime and kidnapping Risk management Project Management 6e. 15–4 15–5 Environmental Factors (cont’d) Geography Climate and seasonal differences Natural obstacles Economic Gross domestic product (GDP) Protectionist strategies and policies Balance of payments Currency convertibility and exchange rates Inflation rates Local labor force: supply, | Project Management 6e. 15–1 15–2 Where We Are Now Project Management 6e. 15–2 15–3 International Projects Types of Projects Domestic Overseas Foreign Global Issues in Managing International Projects Environmental factors affecting projects Global expansion considerations Challenges of working in foreign cultures Selection and training of overseas managers Project Management 6e. 15–3 15–4 Environmental Factors Legal/Political Political stability National and local laws and regulations Government, state and local bureaucracies Government interference or support Government corruption Security International terrorism National and local security Local crime and kidnapping Risk management Project Management 6e. 15–4 15–5 Environmental Factors (cont’d) Geography Climate and seasonal differences Natural obstacles Economic Gross domestic product (GDP) Protectionist strategies and policies Balance of payments Currency convertibility and exchange rates Inflation rates Local labor force: supply, educational and skill levels Project Management 6e. 15–5 15–6 Environmental Factors (cont’d) Infrastructure Telecommunication networks Transportation systems Power distribution grids Unique local technologies Educational systems Culture Customs and social standards Values and philosophies Language Multicultural environments Project Management 6e. 15–6 15–7 Cross-Cultural Considerations: A Closer Look Culture A system of shared norms, beliefs, values, and customs that bind people together, creating shared meaning and a unique identity. Cultural Differences: Geographic regions Ethnic or religious groups Language Economic Project Management 6e. 15–7 15–8 Cross-Cultural Considerations (cont’d) Ethnocentric Perspective The tendency to believe that one’s cultural values and ways of doing things are superior to all others Wanting to conduct business only on your terms and stereotyping other countries. Ignoring the “people factor” in other cultures by putting work ahead of building .