Thursday, January 22, 2015

Question 1

Define globalization, outsourcing, and virtual teams and describe how these trends are changing IT project management.


Globalization is the process of making the world a smaller place through the means of technology and making it easier to communicate with people around the world. Outsourcing is the act of giving work for a project to individuals or an organization in another country. A virtual team is a group of individuals who work together on a single project without meeting each other in person and communicate through the means of technology.




Globalization is changing IT project management in that individuals are no longer limited with the resources around them. With globalization, projects can now collect resources from all around the world. Outsourcing is changing IT project management in that members of the project team no longer have to do all the work on a project. With outsourcing, team members can now allow other individuals from other countries to do certain tasks on a project while the team focuses their attention to other parts of the project. Virtual teams are changing IT project management in that team members of a project are no longer limited to people they met in person. Virtual teams allow projects to be worked on by people anywhere regardless of their location.

3 comments:

  1. Additionally, these new trends are changing the Project Management positively by saving your energies and enable you to focus on research and development and move on to providing higher value added services.

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  2. Globalization is the process of interaction and integration among people, companies, governments of different nations, a process driven by the international trade and investment and aided by information technology. outsourcing is known as obtaining goods and services from an outside or foreign supplier, usually in place of an internal source. Virtual teams include members interacting primarily through electronic communications, this may occur within the same building or across continents. The changes has occurred within the organizations making the playing fields more leveled for many others to play.

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  3. This is very common in the IT industry. In today's world large companies seek to outsource different positions and hire specialized skills for a lower salary.

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