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Go to shop › Business economics - Business Management, Corporate Governance

Challenges and Best Practices in International Projects

Practical and Theoretical Approach

Title: Challenges and Best Practices in International Projects

Seminar Paper , 2010 , 32 Pages , Grade: 1,3

Autor:in: Julia Wimmers (Author), Claudia Optiz (Author)

Business economics - Business Management, Corporate Governance

Excerpt & Details   Look inside the ebook
Summary Excerpt Details

In this assignment the authors will look into the subject of challenges and best practices in international projects. A single examination of all the various challenges in the world of global project management like multicultural communication, geographical distance or asynchronous interactions - resulting from multiple systems happening and taking place in more than one location and are requiring different technological knowledge for e.g. - is confronted to a broad presentation, examination and evaluation of best practices: namely concrete business orientated solutions like global teams, collaborative tools or global project organizations. The theoretical introductory part exposes lack of sensitivity to local cultures, the general issue of complexity which arises in lack of control, variety of regulations and rules, different time zones and also the “treatment of the international project as a standard project” as main challenges for and reasons for failure of many international projects. All these rather impeding and logically challenging findings are visibly summarized in the “Five Dimensions of IP” figure, concluding that there are five dimensions which will affect every project in a different manner and in different decrees of intensity. Next, there is the description and visualization of new, interesting international PM tools like the risk register, quality gates. Additionally the authors come up with general rules and advice as the agreement on binding communication rules, templates and one language for successfully working global project team. In the last part the uneven challenges and best practices couples are kind of “married” by presenting two successful international projects: The SWAP project from the leading central European energy supply company OMV, where the superior project manager Barbara Krappinger succeeded in overcoming many cultural and geographical challenges and a major event management project from the Siemens.

Excerpt


Table of Contents

1 Introduction

2 Problem Definition

3 Objectives

4 Methods

5. Main part

5.1 Definition of international projects

5.2 Challenges in international projects

5.2.1 Seven main issues in IPs according to LIENTZ & REA (2003)

5.2.2 The five Dimensions of IPs according to BINDER et al (2010)

5.3 Best Practices (JW)

5.3.1 A model of success factors for global PM

5.3.1.1 Global teams

5.3.1.2 Global communication

5.3.1.3 Global organizations

5.3.1.4 Collaborative tools and techniques

5.3.1.5 Global Risk Factors

5.3.2 Practical examples (JW)

6 Results

7 Conclusion

8 ITM

Objectives and Core Themes

The assignment aims to address the challenges inherent in international project management by proposing effective best practices and solutions to ensure successful project execution. The core focus is on mitigating risks associated with cross-border collaboration and complex global environments.

  • Analysis of structural challenges in international projects
  • Evaluation of the "Five Dimensions of IP" model
  • Identification of global success factors for project management
  • Practical application of collaborative tools and risk management
  • Case studies on OMV and Siemens international projects

Excerpt from the Book

5.2.1 Seven main issues in IPs according to LIENTZ & REA (2003)

Lientz & Rea (2003) stress out seven main issues why international projects fail. The findings of can be seen in figure 2.

Reviewing the list, it can be stated that at least five of the seven listed factors are applicable as well for bigger projects. Even for smaller projects some points are applicable, e.g. lack of measurement or micromanagement can pose a problem to every projects.

Only two factors are valid to differ in international projects: “Lack of sensitivity to the local culture” and “the treatment of the IP as a standard project”. The findings of Lientz & Rea (2003) seem to be incomplete and not stressing on real differences, the authors therefore would like to present different findings in the next chapter and go into a bit more detail.

Summary of Chapters

1 Introduction: Provides an overview of failed international projects and introduces the core questions regarding reasons for failure and strategies of successful managers.

2 Problem Definition: Highlights that international projects differ from standard ones due to multicultural interferences and the need for specific methods.

3 Objectives: Outlines the goal to contrast challenges in international projects with best practices to improve project outcomes.

4 Methods: Describes the literature review, analysis of IPMA data, and interviews with expert project managers used to gather insights.

5. Main part: Explores definitions, challenges (Lientz & Rea, Binder et al.), best practices, and practical examples like the OMV SWAP project.

6 Results: Summarizes six key learnings extracted from the research to serve as a guideline for international project managers.

7 Conclusion: Synthesizes the importance of cultural awareness, transparent communication, and expert project management in achieving success.

8 ITM: Examines specific functional areas like HR, Marketing, Finance, Law, and Strategy within an international project context.

Keywords

International Projects, Project Management, Best Practices, Cultural Awareness, Global Teams, Risk Management, Communication Strategy, Quality Gates, Cross-organizational Relationships, Stakeholder Management, Knowledge Sharing, Global Organizations, Virtual Teams, Leadership, Project Failure

Frequently Asked Questions

What is the primary focus of this assignment?

The assignment explores the challenges faced by international projects and identifies best practices to mitigate these issues and ensure project success.

What are the central themes of the work?

Key themes include multicultural communication, geographical distance, cross-organizational collaboration, risk management, and the adaptation of project management standards for international contexts.

What is the main research question?

The work seeks to answer why so many international projects fail and what strategies successful international project managers employ to achieve better outcomes.

Which scientific methods were applied?

The authors utilized a combination of literature reviews, analysis of IPMA data, expert interviews with award-winning project managers, and collaborative group discussions.

What is covered in the main section?

The main section details definitions of international projects, outlines the "Five Dimensions of IP" model, discusses five specific best practice categories, and provides real-world case studies.

Which keywords characterize this paper?

Relevant keywords include International Projects, Cultural Awareness, Risk Management, Global Teams, and Project Success Factors.

Why are "Quality Gates" important in international projects?

They act as binding decision appointments that help reduce cost and time-intensive reworks by ensuring project steps are only started once specific quality requirements are met.

How do high-context and low-context cultures differ in communication?

High-context cultures prioritize harmony and implicit communication, while low-context cultures rely on explicit verbal information and comprehensive documentation.

What role does the "Project Responsibility Chart" play?

It provides a systematic overview of responsibilities, facilitating better cooperation and communication, particularly in large and complex international projects.

Excerpt out of 32 pages  - scroll top

Details

Title
Challenges and Best Practices in International Projects
Subtitle
Practical and Theoretical Approach
College
University of applied sciences, Munich
Course
MBA
Grade
1,3
Authors
Julia Wimmers (Author), Claudia Optiz (Author)
Publication Year
2010
Pages
32
Catalog Number
V161643
ISBN (Book)
9783640753642
ISBN (eBook)
9783640753659
Language
English
Tags
Challenges Best Practices Practical Theoretical
Product Safety
GRIN Publishing GmbH
Quote paper
Julia Wimmers (Author), Claudia Optiz (Author), 2010, Challenges and Best Practices in International Projects, Munich, GRIN Verlag, https://www.hausarbeiten.de/document/161643
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Excerpt from  32  pages
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