8/20/2019 The Managerial Process International Projects Chap15-V2

1/14

Presentation by International TeamPresentation by International Team

THE MANAGERIAL PROCESS

Pr ojec tManagementPr ojec tManagement

Clifford F. Gray

Eric W. Larson

International ProjectsInternational Projects

Chapter 15

8/20/2019 The Managerial Process International Projects Chap15-V2

2/14

International ProjectsInternational Projects

•Types of Projects –Domestic

 –Overseas

 –Foreign

 –Global

8/20/2019 The Managerial Process International Projects Chap15-V2

3/14

Issues in ManagingIssues in Managing

International ProjectsInternational Projects

 –Environmental factors affecting projects

 –Global epansion consi!erations

 –"#allenges of $or%ing in foreign cultures

 –&election an! training of overseas managers

8/20/2019 The Managerial Process International Projects Chap15-V2

4/14

International 'ssignmentsInternational 'ssignments

• Positives

 –Increase! income

 –Increase! responsibilities

 –"areer opportunities

 –Foreign travel

 –(e$ lifetime frien!s

• (egatives

 – 'bsence from #ome an!

frien!s) an! family

 –Personal security ris%s

 –Misse! career

opportunities

 –Difficulties $it# foreignlanguage) culture) an!

la$s

8/20/2019 The Managerial Process International Projects Chap15-V2

5/14

Environmental Factors 'ffectingEnvironmental Factors 'ffecting

International ProjectsInternational Projects

FIGURE 15.1

8/20/2019 The Managerial Process International Projects Chap15-V2

6/14

Environmental FactorsEnvironmental Factors

•*egal+Political

 –Political stability

 –(ational an! local la$s an! regulations –Government interference or support

 –Government corruption

8/20/2019 The Managerial Process International Projects Chap15-V2

7/14

Environmental Factors ,cont-!.Environmental Factors ,cont-!.

•&ecurity

 –International terrorism

 –(ational an! local security –*ocal crime an! %i!napping

 –/is% management

8/20/2019 The Managerial Process International Projects Chap15-V2

8/14

Environmental Factors ,cont-!.Environmental Factors ,cont-!.

•Geograp#y –"limate an! seasonal !ifferences

 –(atural obstacles

8/20/2019 The Managerial Process International Projects Chap15-V2

9/14

Environmental Factors ,cont-!.Environmental Factors ,cont-!.

•Economic –Gross !omestic pro!uct ,GDP.

 –Protectionist strategies an! policies

 –0alance of payments

 –"urrency convertibility an! ec#ange rates

 –Inflation rates –*ocal labor force1 supply) e!ucational

an! s%ill levels

8/20/2019 The Managerial Process International Projects Chap15-V2

10/14

Environmental Factors ,cont-!.Environmental Factors ,cont-!.

• Infrastructure –Telecommunication net$or%s

 –Transportation systems

 –Po$er !istribution gri!s

 –E!ucational systems

8/20/2019 The Managerial Process International Projects Chap15-V2

11/14

Environmental Factors ,cont-!.Environmental Factors ,cont-!.

•"ulture –"ustoms an! social stan!ar!s

 –*anguage

 –Multicultural environments

 –2alues an! p#ilosop#ies

8/20/2019 The Managerial Process International Projects Chap15-V2

12/14

8/20/2019 The Managerial Process International Projects Chap15-V2

13/14

 'ssessment Matri Project &ite &election 'ssessment Matri Project &ite &election

FIGURE 15.3

8/20/2019 The Managerial Process International Projects Chap15-V2

14/14

 'ssessment Matri Project &ite &election 'ssessment Matri Project &ite &election

FIGURE 15.4