Benefits of Virtual Teams in Project Success and Risk Mitigation in Crisis

Assessment 2: Individual
Essay

Contents
Question 1:.......................................................................................................................................1
By discussing FOUR benets of virtual teams in project success, explain how a project
manager can mitigate risks arising from a crisis (e.g. COVID-19 Pandemic) in scheduling,
resourcing, and budgeting a project?...........................................................................................1
Question 2:.......................................................................................................................................3
To what extent do you recommend maintaining and empowering virtual teams even after a
crisis (e.g. COVID-19 Pandemic)? How? (TWO Recommendations).......................................3
REFERENCES................................................................................................................................5

Question 1:
By discussing FOUR benets of virtual teams in project success, explain how a project manager
can mitigate risks arising from a crisis (e.g. COVID-19 Pandemic) in scheduling,
resourcing, and budgeting a project?
Virtual vison management is the method by using which one manages projects via far
flung or digital groups. Even as groups are distributed in the course of one-of-a-type time zones,
they nonetheless want to get assigned duties, and that paintings have to be monitored and tracked
to make sure it remains on schedule (Larsson and Larsson, 2020). As greater groups work at
home, virtual venture control has become greater defined. Whilst the basics remain same,
inclusive of the lifestyles cycle of the assignment and the diverse disciplines that pass into
controlling each component of a venture, there can be a difference. And it’s a big one. Those
teams being managed aren't in a unmarried region, however instead scattered over across the 4
corners of the arena. No longer having bodily touch with one’s team creates new boundaries that
mission managers want to overcome. Virtual teams are not going away. They're growing, and
undertaking managers need to not emerge as complacent and accept as true with that the antique
regulations still take a look at. Matters are changing and project managers want to change with
them and take their project control into the virtual age. Luckily, assignment control equipment
have for some time been transferring from analog to digital, and with that transition growing
efficiencies and productiveness. So, the float to virtual venture manage is the excellent soar it'd
at the start appear. However first permit’s check out the fashion and why it cannot be not noted.
Benefits
The benefits of digital task manipulate are tied to the blessings of getting virtual
businesses. Digital mission manipulate, anyways, exists simplest as a technique to manipulate
those some distance flung organizations.
Desirable on your backside Line- The one this might be maximum persuasive to
commercial organisation is the effect on its bottom line (Layton, Ostermiller and Kynaston,
2020). Having digital companies and virtual undertaking management to manage them approach
less place of job area, a good deal much less device, a great deal less utility bills, and so forth.
Get proper of entry to extra skills- As referred to in advance, virtual project control way
digital organizations, which are a first-rate trap to draw talents beyond your location. That is
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