Effective software project management plays an important role during requirements collection and implementation for any software system. In Global Software Development (GSD), its significance increase more as stakeholders are far away across the globe. In GSD, challenges such as language differences and time zone differences cause significant barrier during requirements collection and thus need of effective project management increase more and more to handle challenges of GSD. This study address possible solutions and practices for effective global software project management. Through Systematic Literature Review (SLR), 25 practices are identified. These practices will help software vendors to better manage software projects in GSD.