A new constraints framework for International Project Management: Practices in Lechler

Abstract

Nowadays companies need to manage more and more projects internationally to compete in a global market influenced by rapid changes, high risk, innovation and time to market. The project is fast becoming a mode of business in itself, particularly for large-scale and highly risky projects carried out for internationalisation. Companies (especially the smaller ones) lack of suitable tools to manage those international projects and the risks related, fail to turn internationalisation into a competitive advantage. Project management means managing a project, like an intervention of internationalisation, using a methodology defined by logic and analytical rules. This work relates to the analysis and the study of project management in supporting international development. Project management practices will be developed to manage a business-IT project carried out by multinational company Lechler in a foreign market. In particular, a mathematical model to optimise project success will be proposed and applied in the case study. Furthermore a model for project risk management will be implemented and an introduction to the applicability of MCDA techniques in project management will be discussed.