TITLE:
Virtual Project Management (VPM) in Project Execution
AUTHORS:
Roberto S. Ybañez, Lincoln A. Bautista, Arvin R. De La Cruz
KEYWORDS:
LNG, VPM, PM, PMC, Virtual Teams
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.12 No.12,
December
30,
2022
ABSTRACT: This research study will focus mainly on the LNG
sector. The objective is to determine, investigate, and seek the operability
opportunity in a virtual environment’s
project management, engineering, and construction. The researcher will
tackle the importance and issues it addresses the virtual project management
(VPM) platform demands without compromising the quality and safety of services
during the execution of the project. This virtual platform simulated the model
using conventional project management stated in PMBOKS. The researcher will randomly pick the possible solution and improve the existing project management consultancy
(PMC) operation and processes, initially to virtualize the system to
meet the technical personnel demand, lapses,
and labor vacuum within the available time. The goal is to achieve this
conversion, minimize face-to-face
interaction, promote work at home, reduce operational costs, minimize technical
human resource risk, and facilitate working space area capacity. This
study divides virtual project management
(VPM) into operational possibility, effectivity, and capability (OPEC). Operational Possibility and Effectivity are the
primary concern in this research, and it discusses the elemental process
attributes such as [1] Leadership Style, [2]
Design Planning, [3] Functional Management, and [4] Performance Evaluation.
However, conventional project management is the basis of this study’s viewpoint
and is translated into virtual. Moreover, this study still shows the operational capability and discusses it in the
logical analysis as part of the OPEC overall model. The gathered data,
discussion, and analysis in two (2) groups, the possibility and
effectivity of this virtual platform, and the respondent’s opinion, the virtual
team from domestically is preferred by the experts in the field over offshoring
or overseas. Moreover, the operational effectiveness with the two (2) highest
attributes, as per the expert’s opinion, the VPM should focus on the virtual team’s Performance Evaluation [1st]
and the Project manager’s (PM) Leadership Style [2nd]. The virtual
team’s Performance Evaluation
concentrates mainly on efficiency and completion of assigned product deliverables.
PM’s Leadership Style focuses primarily on communication and personality. However, the other attributes of
Functional Management [3rd] and Design Planning [4th] can
be applied to the overall project execution concept. In this research,
the highest recommended source of a virtual team (vT) and VPM operation
effectiveness are preferred accordingly. However, the PM has fully responsible
for this VPM operational effectiveness and outsourcing virtual teams in
particular projects. In this regard, further verification is required for this
research focuses on the implementation and application with collaborative
software is needed.