Global software engineering has become a fact in many companies due to real necessity in practice. In contrast to co-located projects global projects face a number of additional software engineering challenges. Among them quality management has become much more difficult and schedule and budget overruns can be observed more often. Compared to co-located projects global software engineering is even more challenging due to the need for integration of different cultures, different languages, and different time zones - across companies, and across countries. The diversity of development locations on several levels seriously endangers an effective and goal-oriented progress of projects. In this position paper we discuss reasons for global development, sketch settings for distribution and views of orchestration of dislocated companies in a global project that can be seen as a "virtual project environment". We also present a collection of questions, which we consider relevant for global software engineering. The questions motivate further discussion to derive a research agenda in global software engineering.