In the last 10 years, many firms in the world have started adopting Global Software Development (GSD) to reduce their software development cost. Global Software Development (GSD) is the process where a company (client) gives all or part of its software development activities to another company (vendor), who provides services in return for financial compensation. GSD helps companies to leverage the benefits of multi-site development with respect to time, cost and access to skillful resource. Recent study shows that about 50% of the companies that tried global software development have failed to realize the expected outcomes. One of the major concerns is that most of the clients endorse global contracts with their vendors before testing their project management readiness for the global software development activities.