Managing virtual teams requires planning, communication, and addressing cultural differences. Key steps include: adopting structured project management methods; using tools like video conferencing and shared databases; building team spirit through virtual kickoff meetings and biographies; establishing goals, roles, and reporting structures; making project elements visible online; facilitating training and feedback; recognizing how cultural attitudes can differ; accommodating various communication styles; planning virtual communication through security guidelines, in/out trays, and meeting scheduling; and using appropriate synchronous and asynchronous tools.