Title: The Impact of internet of things on the future of project management
Language: English
Authors: Aziz, Aveen Esa 
Qualification level: Diploma
Advisor: Jesse, Norbert 
Issue Date: 2021
Aziz, A. E. (2021). The Impact of internet of things on the future of project management [Master Thesis, Technische Universität Wien]. reposiTUm. https://doi.org/10.34726/hss.2021.87541
Number of Pages: 114
Qualification level: Diploma
In today market, traditional project management structure and methodologies have proven to be inadequate for responding to business requirement and achieving competitive advantages. Disruptive technologies altered business values and new business models shaped. Day after day, the number of connected things increased, and the Internet of things develop intensely. Most industries affected by the Internet of things and other disruptive technologies such as artificial intelligence and robotics. Innovative organisations tried to adapt to new changes quickly because disruptive technologies become an integral component of industries and business. It plays a vital role in enhancing business value, customer loyalty and economic benefits. Thus, by considering project management importance for reaching business success, organisations encourage to use more adaptable methods like agile, scrum, and Kanban to manage their projects instead of the classic approach. However, despite development in project management methodologies and applications, the challenges remain as before. These challenges declined the success and productivity rate, and most of the projects didn't meet the desired objectives. The clear understating of opportunities and threats of the Internet of things provide an opportunity for organisations to achieve competitive advantages. Applying the Internet of things technology into the project managing process helps business owners dominate the current challenges of project management. Research purpose is assessing the effect of the Internet of things on the future of project management and analysing the positive effect of IoT on the development of project management. Furthermore, identifying the changes that will happen by using IoT, predicting future challenges and utilising opportunities. The results of the survey questionnaires obtained from 108 respondents via the probability sampling method. The data analysed descriptively and inferentially to assess the research hypotheses of the study. The study findings reveal a sustainable relationship between the Internet of things and project management development. It means the Internet of things will alter project management methods, and it may create a new strategy for managing projects. The analysis results depict that organisations stakeholders recognised the importance of using IoT in their process, especially managing projects and utilising data analytics tools. The Internet of things make available an opportunity for eliminating current challenges of managing projects such as real-time observations, preventing reporting delay, and collaborative space for all project stakeholders. Decision-makers enable to enhance business values by utilising enormous data obtained from IoT applications and tools
Keywords: Internet of things; Project management; Future of project management; Current challenges of Project management; Effect of IoT on future of Project Management
URI: https://doi.org/10.34726/hss.2021.87541
DOI: 10.34726/hss.2021.87541
Library ID: AC16192379
Organisation: E017 - TU Wien Academy 
Publication Type: Thesis
Appears in Collections:Thesis

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