Virtual project management

Overview

Virtual program management (VPM) is management of a project done by a virtual team, though it rarely may refer to a project implementing a virtual environment It is noted that managing a virtual project is fundamentally different from managing traditional projects, combining concerns of telecommuting and global collaboration (culture, timezones, language).

A Virtual Team – also known as a Geographically Dispersed Team (GDT) – is a group of individuals who work across time, space, and organizational boundaries with links strengthened by webs of communication technology. They have complementary skills and are committed to a common purpose, have interdependent performance goals, and share an approach to work for which they hold themselves mutually accountable. Geographically dispersed teams allow organizations to hire and retain the best people regardless of location.

Virtual team is an alternative to the traditional form of business organization, which is characterized by the presence of a physical office. However, in practice, more common is the mixed model, in which the company has a physical office, is used to solve most of the problems of remote workers, outsourcing or freelancing. File:Framework of virtual projects