The objective of this paper is to exhibit the study of the work variables influenced by multigenerational diversity and to understand how the cohorts would respond to them. An initial independent examination of the characteristics of the generation cohorts and work variables was done. A detailed listing of work variables followed by classifying them on the basis of their impact was done. The work variables are classified as Organizational, Group and Individual variables, which are highly influenced by multigenerational diversity. This paper intends to bring out the study done on the group category of work variables, which have affected the manner in which the team cohorts had reacted thereby inducing a sequel of events. The researcher collected data from secondary sources and through interviews among IT Project managers of large, medium and small projects and arrived at the identification of the work variables that are influenced by multigenerational diversity.