INTRODUCTION TO INTERNATIONAL PROJECT MANAGEMENT Chapter 1 Limited Duration, Scope, Financial Resources, Human Resources Unique Objectives, Context, Organization Risky Uncertainty, Complexity Three main characteristics of a project. 2 What is a project? An organization has only limited resources. Hence, the project operates within constraints of resources and time. It is supposed to produce a result that meets agreed quality standards. WHAT IS PROJECT MANAGEMENT? A project is typically managed in four phases: 1. Initiating 2. Planning 3. Executing/Controlling 4. Completion This is also called the ‘project management life cycle’. 3 1. • Initiating 2. • Planning 3. • Executing/ Controlling 4. • Completion Initial state (company internal idea, customer requirement) Objective (product, service, result) P R O J E C T Strategy, Project portfolio Organization 4 Project management in the international organization WHO ARE THE MAIN PLAYERS WITH THE CONTEXT OF PROJECT MANAGEMENT? They are called ‘project stakeholders’. In an international project, their set-up is more complicated than in a standard project. Moreover, they tend to have diverging and conflicting ideas about the project. The project manager needs to map all project stakeholders and manage them carefully. 5 Project Management Team Project Team Members Contractors with PM Subcontractors with PMs A B C 1 2 3 1 2 31 2 3 Internal customer Project Owner/ Project Sponsor Project Manager of Leading Contractor Project Owner/ Project Sponsor External customer/ Investor Users Users Project Manager Require- ments Require- ments Results Results Require- ments Require- ments Results Results Require- ments Results Require- ments Results 6 An overview of main project stakeholders Main purposes of international projects Search for new geographical presence or new international stakeholders Increase of global market share, market power, global political power or global effectiveness Realization of efficiency gains Access to scarce and unique resources Reduction of risk 7 What are the main purposes of international projects? International projects reach beyond national boundaries, usually in terms of project purpose or nationality of stakeholders. International projects can be global, involving the entire world. International Project Uniqueness Risk Complexity Limited Resources Dynamics Diversity International Project 8 What are the main characteristics of international projects? Critical success criteria for international project managementGoal commitment of project team and initial clarity of goals Establishment of smooth communications and supporting infrastructure Adequate project team capabilities Consideration of context Right balance between common methodology and flexibility Supportive project c ...