Research On The Venezuela Project Management In Rodless Pumps Inc.

Rodless Pumps Inc. began to work in Venezuela in2003. Rodless Pumps Inc.encountered a lot of problems in the process of the Venezuela project gradually developed. Atthe same time of Rodless Pump Inc. in Venezuela continued to increase market share, it isnecessary for the next step in the development of the project, that we analyze the problems inproject management, and summarize the experience gained and lessons learned in practiceFirstly we research the problems that appeared in the the Venezuela project managementof Rodless Pumps Inc. The problem of the project is that payment has not been paid. Projectdepartment members worked in Venezuela for a long time. They were found to be particularlyprone to have problems in mental health. There is a insufficient incentive for the projectdepartment members. The financial management of the project is not standardized. Thepolitical risk and economic risk of Venezuela are underestimated.Secondly we proposed the solutions for the problems. We designed organizationalstructure of the project. Employee Assistant Program helps the employees’ mental healthproblems. We will establish an effective incentive system. We proposed strengthen offinancial management. We will strengthen and control risk management.Finally, it is proposed to strengthen the management construction, people-oriented andgradually promote the localization strategy in Venezuela, which safeguard the smoothimplementation of the Venezuela project of Rodless Pump Inc..