Title :
Successful management of complex, multinational R&D projects
Author :
Jonsson, Narcisa ; Novosel, Damir ; Lillieskold, Joakim ; Eriksson, Mikael
Abstract :
The fundamentals of project management are changing because of the globalisation of markets, mergers of international companies and integration of managerial and business processes in global corporations. A clearly recognisable trend in multinational companies since the mid-1980s has been globalisation of R&D and competence portfolios. Applied development is usually conducted in the form of a distributed project organisation. A project team is formed across geographical, organisational and cultural boundaries, engaging in a project with a global focus. Although a multinational project organisation has great potential in many dimensions, there is no doubt that the execution of a distributed high-technology project is still a great challenge. This paper identifies prerequisites for further improvement in the management of distributed projects with global goals. The authors focus on the practical experiences of the execution of complex multinational dispersed projects in the area of applied systems development in the power industry.
Keywords :
power engineering; project management; research and development management; applied systems development; business processes; competence portfolios; cultural boundaries; distributed high-technology project; distributed project organisation; distributed projects; geographical boundaries; global corporations; global goals; international company mergers; managerial processes; market globalisation; multinational R&D projects; multinational companies; organisational boundaries; power industry; process integration; project management; project team; research and development; Companies; Corporate acquisitions; Cultural differences; Globalization; Portfolios; Power industry; Power system management; Project management; Research and development; Research and development management;
Conference_Titel :
System Sciences, 2001. Proceedings of the 34th Annual Hawaii International Conference on
Conference_Location :
Maui, HI, USA
Print_ISBN :
0-7695-0981-9
DOI :
10.1109/HICSS.2001.927157