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Get the team to a single suitable place
According to the hypothesis of the question. It depends on the type of project for example if it is possible to assign some of the project to the finishing point by a third party with faster Possibilities or add some Machines to speed up production and increase accuracy or increase the number of staff and work extra shifts .
Of course in the framework of the project budget. In the worst case, to avoid loss
Every location there should be a person require in the position of "Project Co-coordinator". First he must be trained properly by the global project team before initiating the project. It make more sense and will helps the virtual team to complete their project implementation globally much faster than the other method of implementations.
For a project to be completed on time the most important thing never forget your time lines & keep proper eye on it and speed up where its neccessary.