How Internet of Things Is Transforming Project Management

Abstract

Organizations are experiencing a transformation as a consequence of digital technologies such as social, mobile, big data, cloud computing, and internet of things. The transformation presents challenges at several levels, and project management is not an exception. There are changes in the project environment, the power structures, capabilities, skills, and standard practices, just to name a few. Considering the eventual obsolescence of many project portfolio management practices, the aim of this chapter is to discuss the influence of internet of things in this discipline. The analysis departs from rethinking project management insights and describes the impact of smart and connected products considering many dimensions. Recommendations for each PPM stage are developed, followed by a brief discussion of future research directions.