Management the Project Audit System Term Paper

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First is that they may be different in the foreign country from the domestic one, which can give rise to implementation complications. The project's timeline and cost could be dramatically altered by differences in environmental factors. Local firms or workers may be involved, creating training costs or potential organizational cultural differences. There could also be cost considerations arising from economic or exchange rate considerations. Environmental factors can be positive, too, as solid understanding of them could allow for advantages that would not be available if the project was domestically-based.

3) it is important to honor the local customs for a few reasons. One is that ultimately your ability to do business in the foreign country is permitted by the government of that country. To offend local custom may jeopardize the entire operation. Also, the project will be implemented more smoothly if you work in line with local customs, rather than fighting them. Your ideas of what is best may not be in line with the local sentiments on the issue and conflict can arise, causing delays.

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Success of overseas projects often depends on adherence to local customs.

5) to prepare for an overseas project I would take the time to familiarize myself with not only the project but the culture and business environment of the country to which I will be departing. I would learn some of the basics of the language, and pay special attention to customs and etiquette so as not to accidentally cause offense. The ways of doing business will also be of key importance. Ideally, I would be able to familiarize myself with some of the companies and contacts with whom I will be….....

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