Question

Discussion Question 2.2: Your team is a virtual team for all group work and projects. Define globalization, outsourcing, and virtual teams and how these trends are affecting IT project management. Describe their impact at your current organization.

Answer 1

Answer:

Globalization has created a “flat” world where everyone is connected and the “playing field” is level for many more participants. Outsourcing is when an organization acquires goods and/or sources from an outside source. Agile project management is a method for managing projects when requirements are unclear or change quickly. Virtual teams occur when a group of individuals who work across time and space using communication technologies. Each of these trends has affected the way in which project work is done and how projects need to be managed. It is very rare for a project team to sit in the same work area and work at the same time. Management and coordination is much more complicated.

Outsourcing occurs when a company contracts another company to provide services that for financial or practical reasons the company chooses to not perform in-house. Some outsourcing can be from different companies in the same area but some can be in different locations, even different countries.

A virtual team is a group of working individuals who communicate virtually using technology. They work for the same goals in different locations.

IT project management has changed tremendously because of all this new era, where globalization, outsourcing and virtual teams has created opportunities for individuals and companies to work together from different parts of the world. All this integrations create new bridges to success and also brings the need to manage the way all this different efforts come together