Critical Issues faced by the managers while they set a project where Assignment

Critical Issues faced by the managers while they set a render where the associated persons of the project atomic number 18 from different finishing - Assignment ExampleThe paper tells that when a company management wants to start a new project then they have to clutch many factors in account. History shows that the projects which have got success are very much lesser than the projects which have failure. There are many factors which are associated with the project. If a project gets success then it can generate some big amount of revenue but if it gets failed then the cost of the project would go in vain. The project only gets success if that manager of the firm has done a proper planning. At first the manager has to make sure that the project is financially viable that is by using the financial tools he has to make sure that the project would generate profit for the firm. Then the firm has to fix the location for the project and also the labour who will execute the planning int o reality. Then in that location is the marketing and sales and distribution of the project about which also the managers should make a plan. The drubers are a major part of the project. In the era of globalization persons of different cultures, different religions can be associated with the project. The project can also be a multinational project where the top management has to control the employees who are of different nationality. When a team of people based in different locations and they work in the same project then the team is known as the realistic team. The members of the virtual teams dont meet but they work on the same project communicating by video conference, phone or e-mail on a regular basis. The virtual team concept has started since 1973 (Mihhailova and Piiriste, n.d., p.9). In a company where the project is done in the face to face team then there is fixed team membership, the team members are turn up in one place, they are 100% dedicated as they have to work in one project and the team has only one manager. except in the virtual team there is much difference from the face to face team. There are many advantages and disadvantages associated in the virtual team process. groundbreaking communication process has open a new window of collaborative work where the knowledge can be shared by the members of the organization who are in different places and this would be ultimately effective for the organization as a whole (Kimball, 1997, p.1). Despite of its advantages virtual teams becomes more complex day by day as there are many challenges when the persons work in a virtual team. The virtual team has to face the language difficulties as the virtual team members are from different locations of the world there is puzzle of time zone, absence of face to face contact, reporting to different part of the organization. Also there are problems of conflict management problem of making decision above all there is the problem of cultural barriers. The re are some issues regarding culture of the workers as it can be different. Some workers of the team may be aggressive and some other may be of not that type. So there can be a misunderstanding arising between the team and so mistrust. When the Americans like a fast response and they use a sparse and targeted prose when they apply to communicate by an e-mail the Japanese are not of that type. They are in the side of a careful and proper response, the idea of the sparse prose where is problem of grammar is measured as an incomplete message. So working in this cross cultural situations where people from different cultures are there the culturally based problems ordinarily arise, so the company has to solve the problem consciously for effectively manage the situation. When there is mistrust