Project Management (PM) is the discipline of planning, organizing and managing resources to bring about the successful completion of specific project goals and objectives. [2] This is hard enough to accomplish when the project is within a single department of a company and all team members are located on-site. Now, take all the stresses and difficulties normally associated with a project and scatter the team members all over the place; possibly in different countries and time zones. Wow, now it is really difficult and challenging to meet the three main goals of Project Management: time, cost and performance. With the scattering of the team, you have thus created the Virtual Team and the need for Virtual Project Management (VPM). Peterson & Stohr define the Virtual Team – aka Geographically Dispersed Team (GDT) – as “a group of individuals who work across time, space, and organizational boundaries with links strengthened by webs of communication technology. They have complementary skills and are committed to a common
References: Works Cited: [1] Directed Reading, Chapter 5. The virtual project: Managing tomorrow’s team today. Source: Meredith, Jack R. & Mantel, Samuel J. Jr. (2009). Project management: A managerial approach (7th Edition). Hoboken, NJ: John Wiley and Sons. [2] Wikipedia, the free encyclopedia (2009, November 19) “Virtual project management”. Retrieved October 4, 2010 from: http://en.wikipedia.org/wiki/Virtual_project_management [3] Peterson, Stevie & Stohr, Velda (Last updated 2010, June 2) “Virtual teams (teams developed and/or operated over the Internet/We)”. Retrieved October 3, 2010 from: http://www.mapnp.org/library/grp_skll/virtual/virtual.htm [4] Dennis S. & Michelle L. Reina (1999). Trust and Betrayal in the Workplace: Building Effective Relationships in Your Organization. Retrieved October 3, 2010 from: “Communicating with Virtual Project Teams/Creating Successful Virtual Organizations - Virtual Communication” available at: http://hbswk.hbs.edu/archive/2122.html