Part 3 (What are the international dimension changes)

Name at least 5 ways the international dimension affects project management

Legal systems, customers and import rules, taxation, currencies, payment systems, reporting standards, time zones, communication, hierarchy, decision-making and leadership.

Why do different legal system affect a project?

Contract law, employment law, dat protection and liability rules may differ between countries

Why are customs and import regulations important?

They can create extra costs, documentation requirements, restrcitions and delays

What is currency risk?

The risk that exchange-rate movements change the projects actual costs or income.

What is payment friction?

Difficulties caused by banking systems, payment methods, capital controls, transaction fees or delays or delays between countries

How do time zones affect projects?

They limi real-time communication, slow decisions and require greater use of asynchronous working

How can communication styles create difficulties?

Direct and indirect communication styles can lead to misunderstandings about feedback, agreement, disagreement and urgency

How can hierarchy affect decsision-making?

Team members may have different expectations about who may speak, challenge a manager or make a decision

Why might one leadership style not work in every country?

Cultures differ in their expectations concerning authority, participation, recognition, relationships and individual responsibility.