Project Managing: International Joint Venture Projects

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Spring 1994

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The authors of this article apply relevant project management concepts to international joint ventures (IJV) formation, in order to achieve business success. IJV formation is a common topic in the international management, strategic management, financial management, international marketing, international accounting, and international business law literatures. An IJV may be logically classified either as an equity or a contractual joint venture. The proposed model consists of three component parts. They are the IJV Project Framework for Analysis, the IJV Scope Statement, and the ProjectContract Process. The benefits of the model include its potential for increased and timely control of the IJV variables and its adaptability to all life-cycle phases and environmental challenges.



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