The Bmw Z4 Launch, Denver International Airport And...

The BMW Z4 launch, Denver international airport and Hurricane Katrina are examples of how IT projects can be threaten by unexpected changes provoked by globalization, technology but also natural phenomenon. Time is a valuable aspect in IT projects, under this circumstances there is no time for plan or collect information for a decision making process. Globalization forces project manager to think ahead or think without a plan and attempt to reduce any possible negative impact as much as possible. Improvisation contradicts in every way with the project traditional theory but it is sometimes an alternative that a project manager must consider to do when the project encounters high level of difficulty in its execution. Nevertheless an improvisation does seem like a very open and wide idea but in most cases improvisation can be always back up by a government, legal or institutional framework in which companies often relies. A perfect example is the 2007 crisis when many companies that a t the moment were executing crucial IT projects had to declared bankrupt or financial inability to keep funding their investments. The USA government and many other governments had to intervene so the global financial system would not crush completely. Another big globalization effect on IT projects is the technology uncertainty. Everyday technology advance in an impressive pace, keeping up with every technology improvement is indeed a challenge for IT projects. Projects certainly have