Selected aspects of international project management

Managing of the international project is a complex process that brings into play objective as well as subjective factors, referring to ethnic differences. People differ in their perception and evaluation processes. In the article the investment process related to the implementation of construction works by an international team served as an example of a process in which the clash of different concepts, which in turn can be complementary. The investment project is typically carried out under conditions of strong turbulence, which is linked to external and internal factors creating these conditions.SELECTED ASPECTS OF INTERNATIONAL PROJECT MANAGEMENT
Managing an international project is a complex process that takes into account, alongside economic and executive factors, both objective and subjective factors resulting from cultural differences, due to the fact that it is in human nature to perceive and evaluate reality differently. In the article, the investment process related to the realization of a construction project by an international team served as an example of a process in which different concepts clash, which in consequence can complement each other. An investment project is usually carried out under conditions of strong turbulence, which is linked to external and internal factors creating these conditions.
INTRODUCTION
The success of construction companies carrying out projects in international markets significantly depends on how the risks that stem from the host country conditions are managed as well as the project-specific risk factors [1]. Successful management of risks requires identification of risks, construction of a risk model which can be used to assess the magnitude of risks and implementation of response strategies so that an acceptable riskreturn balance can be achieved [2]. (…)

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