Global Project Management-Challenges and Barriers

Abstract

The present research paper carries a lot of weight in current global business scenario. With globalization, the volatility in business and project management has been increased. Many internal and external factors have been affecting the successful execution of global projects of multinational companies. This present examine the responses of 50 managers of multinational companies from IT and Construction companies and evaluate the various factors within and outside of company that may affect the performance of global project team. T-test has been implemented as statistical technique in the research paper. The results indicate that Organizational Culture, Socio Economic Factors, Cross National Culture and Top Management Attitude influence the performance of global project team. The study will assist the decision makers in exploring and considering the factors that affect the performance of global projects while taking their final verdict. The findings of study will help the organizations in formulating strategies to tackle the expected challenges and barriers.