Q.3.1.1
Foreign language skills provide value for the project manager and project team by improving communication and understanding with international stakeholders. The ability to speak the language of the project's partners or clients allows for smoother information exchange and reduces the potential for misunderstandings or misinterpretations.
Awareness and understanding of cultures and customs is crucial in a global project management setting. Different cultures have different values, norms, and ways of doing business. Project managers and team members who possess this competency can adapt their approach to working with diverse stakeholders, ultimately building stronger relationships and fostering a more inclusive and collaborative work environment.
Understanding of technology is essential in global project management due to the reliance on virtual communication tools and project management software. Project managers and teams need to be proficient in utilizing various technologies to facilitate project coordination, communication, and collaboration across different time zones and geographies.
Cultural awareness encompasses a broader understanding of the social, economic, and political factors that influence different cultures. This competency allows project managers and teams to anticipate and navigate potential cultural barriers or sensitivities that may arise during the project's lifecycle.
Collaborative communication is vital for global project management as it integrates various communication styles and preferences of stakeholders from different cultural backgrounds. Effective collaborative communication fosters open dialogue, active listening, and mutual understanding, leading to better problem-solving, decision-making, and consensus-building within the project team.
Q.3.1.2
Globalization refers to the integration and interdependence of economies, societies, and cultures worldwide. It has a significant impact on project management as it introduces new complexities, challenges, and opportunities.
Five influencing factors affecting project success in a global environment are:
1. Cultural differences: Global projects involve stakeholders from various cultural backgrounds. Differences in language, values, norms, and business practices can impact communication, decision-making, and teamwork. Project managers need to adapt their approach to accommodate cultural variations and enhance collaboration.
2. Time zones and geographic dispersion: Global projects often involve team members and stakeholders located in different time zones and geographical locations. This can lead to challenges in scheduling meetings, coordinating work across different locations, and maintaining effective communication. Project managers must establish efficient communication channels and set clear expectations for availability and response time.
3. Legal and regulatory considerations: Global projects must comply with diverse legal and regulatory frameworks. Project managers need to navigate these complexities and ensure adherence to relevant laws related to data privacy, intellectual property rights, import/export regulations, and labor laws. This requires an understanding of international laws and the ability to engage legal expertise when necessary.
4. Technology infrastructure: The availability and reliability of technology infrastructure vary across different countries and regions. Project managers must consider these variations in selecting and implementing project management tools, communication platforms, and collaboration systems. They need to ensure that technology supports effective communication, data sharing, and project tracking across borders.
5. Political and economic stability: Political instability, economic fluctuations, and currency exchange rates can impact global projects. Project managers must monitor and assess the political and economic environment in countries where the project operates. They need to incorporate risk management strategies to mitigate potential disruptions and adapt project plans accordingly.
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Question 3 (Marks: 20)
Global project management requires a set of competencies that a project manager and team must
have .
Q.3.1
Q.3.1.1 Discuss how the following competencies provide value for the
project manager and project team:
• Foreign language skills
• Awareness and understanding of cultures and customs.
• Understanding of Technology
• Cultural awareness
• Collaborative communication
(10)
Q.3.1.2 Discuss the concept of globalisation and how it affects project
management. Include five influencing factors that affect project
success in a global environment.
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1 answer