The Impact of Internet of Things unification with Project Management Disciplines in project-based organizations

University essay from Umeå universitet/Företagsekonomi

Abstract: The greatest advantage of Information Technology (IT) is its ability in entitling personnel to achieve their goals. Allowing personnel to grasp knowledge and skills they weren’t aware of previously, rendering to a sense that it’s all about potential; as expressed by former CEO of Microsoft Steve Ballmer. Internet of Things (IoT) data, according to ORACLE (2017), provides insight from new data collected and provides solutions. Thus, allowing businesses to achieve new innovative services at a more efficient and productive manner while reducing the risk factors. Proving that the connections between the organisation and devices are securely connected, analysed, and integrated simultaneously with IoT data. Project Management (PM) the leading discipline in management that benefits enterprises through actual and operative management of change through its systematic approach of initiating, planning, executing, monitoring & controlling, Testing & Commissioning and finally Handing Over to the client the project; managing various types of projects with various drivers of change and uncertainty. (Sawyer, L. 2016). As significant as technology has become in our lives, this study aims in highlighting the importance of Internet of Things and the synergic implementation of Project Management disciplines in project-oriented organisations. It also explores the challenges, barriers, and benefits of IoT in synergy with PM disciplines. The paper also considered one of the most crucial elements of any organization or business, people, fixating on project managers and how the role of a project manager is affected in the innovative project oriented organizations.

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