Professional Documents
Culture Documents
PROJECTS
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PROF.B.P.MISHRA
XIMB
DEFINITION
ANOTHER DEFINITION
Large Engineering Projects mega projects-
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ANOTHER DEFINITION
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Distance:
Differences in Institutions- beliefs, Traditions and Rules System
Between Project participants
Dispersion:
Project participants are seldom co-located and often distributed
Across multiple sites.
Network Complexity:
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GLOBAL PROJECTS
CONFRONT NEW RISKS
Co-ordination Cost
Complexity & Scale Differentiation
Interdependence Uncertainty
Time pressure
Dispersion & Distance- cross site work introduces delay
Cultural Distance
Psychic Distance
Institutional distance
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Institutional Difference
INSTITUTIONAL
DIFFERENCES
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DRIVERS OF GLOBAL
PROJECTS
INTERNATIONALIZATION HAS MULTI DIMENSIONAL
RATIONALE
Developing new resources
Global Resource Arbitrage
Specialized Products Offering
Saving Time Supporting Continuous Workflow across time zones
Circumventing Regulation Avoiding Restrictive Rules & Legal Codes
Meeting Labour Imbalances
Testing New Markets
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Collaborative Advantage
Constellation quality
Counterparty Exposure
NETWORK
Network Integration
Network Distance
Network Experience
Network Vulnerability
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INFRASTRUCTURE
PROJECTS
A sub-set of Global Projects:
To develop transportation, Energy, Social , Communications,
water infra having a number of attributes:
Infrequent undertakings involving global & Local Participants
Complex Interfaces Cross functional
High level of Local Embeddedness
Significant Social & political Complexity
Irreversibility due to physical Nature of Constructions
Close attention to Budget & Schedule.
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CONCLUSION
In sum, Global Projects have characteristics of a
federated enterprise of Actors, each one seeking
advantages of assembling Resources & functions
across socio-cultural geographic and Temporal settings
While at the same time working together to achieve
common objective-
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