What is Global Project

The aim of this chapter is to identifier the differentiation of risk between global and local projects through exploratory research carried out using a systematic literature review. One thousand seven hundred twenty-five risks were identified in 46 articles published in the last 20 years and classified within 22 categories. The major concern regarded in local project management was the client (external risk) and scope (internal risk) and, in global project management, the psychic distance (external) and coordination and control (internal). The main difference between the risk categories for each project type refers to the psychic distance category, which was identified almost exclusively in global projects, thus making the external risks more relevant than those in local projects. On the other hand, it allows some risks, such as supplier and stakeholder, to be underestimated. The results indicate that project managers should focus on different risks depending on the type of IT project: global or local.