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Two of the Biggest Challenges Involved in Managing a Virtual

question 63

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Two of the biggest challenges involved in managing a virtual project team are developing trust and effective patterns of communication.


Definitions:

Documentation

Written or electronic records that provide evidence of transactions, processes, or agreements.

Verification

The process of ensuring the accuracy and validity of data or documents.

Bank Reconciliation

A process that explains the difference between the bank balance shown in a company's bank statement and its financial records.

NSF Check

A check that cannot be processed due to insufficient funds in the account it is drawn on, commonly known as a bounced check.

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