Predictive Model for the Factors Influencing International Project Success: A Data Mining Approach

Abstract

Considering that international projects with teams in the virtual environment (IPTVEs) contribute to the reduction in the carbon footprint and, at the same time, become life-saving solutions in extreme global situations, such as the COVID-19 pandemic, organizations familiar with this type of project will have a substantial advantage in their ability to operate efficiently and to achieve their sustainable goals. An important aspect of project management is to identify the factors that influence the success of an international project, increasing its performance. Our first research hypothesis was that the decision to create a project team in the virtual environment is a factor with a major influence on international project success. Data collection was performed through an online survey conducted within international project team members and managers. The success factors were explained through factorial analysis which revealed two main factors and the neural network algorithm on a dataset through IBM SPSS Modeler software. The predictive model revealed that the most important field is setting up a virtual team, followed by organizational culture. These results support our hypothesis.