The globalization tendencies we face today allow companies to extend their businesses in foreign countries, where the emerging markets are. Multicultural teams are created, as employees located in different countries need to share the company knowledge and resources, when working on the same projects. The information technology offers the tools that make it possible for international projects to be accomplished successfully. Internet-based systems are great project management tools to help improve the communication between team members and also help them share resources in a more transparent way. Since regular face-to-face meetings to discuss project details are not possible, web tools are used to ease up the communication and prevent misunderstandings. Dealing with cultural and language differences is sometimes difficult, but the issues that may rise can also be overcome, if team members have the tools they need to communicate.