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.
CITATION STYLE
Ybañez, R. S., Bautista, L. A., & De La Cruz, A. R. (2022). Virtual Project Management (VPM) in Project Execution. American Journal of Industrial and Business Management, 12(12), 1867–1912. https://doi.org/10.4236/ajibm.2022.1212102
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