Corporate projects, those that are cross-border are rarely static. Decisions are required over time on the continuation of projects or their modification. The more flexible the project is the greater is the number and scope of future decision.
Corporate projects that span across national borders are naturally more dynamic and required constant monitoring and course-correction to ensure that the project is on track and delivering value. This is primarily because international projects has so many more external factors which impact the project such as geopolitical scenario, currency exchange rates, market considerations etc.
These factors also entail flexibility on the part of decision makers and project executives to ensure that the team is agile enough to respond to these changes in a fast and effective manner. This also clearly implies that the number of decision points increases significantly and need more diligence and finetuning to ensure optimal decision making process.
Get Answers For Free
Most questions answered within 1 hours.