Impact of IoT and Digital Technologies on Project Management Efficiency: A Survey Study
DOI:
https://doi.org/10.63282/3050-9416.IJAIBDCMS-V7I2P140Keywords:
Internet of Things (IoT), Digital Technologies, Project Management, Artificial Intelligence (AI), Big Data AnalyticsAbstract
The Internet of Things (IoT) and digital technologies have made a significant impact on project management, enhancing efficiency, communication, monitoring, and decision-making. Some of the traditional methods of project management can sometimes have problems with poor communication, understated estimation, quality of resources usage, and lack of risk management. Advanced digital solutions, including AI, Cloud computing, Big data analytics, Blockchain technology and IoT devices, hold the promise of delivering innovative solutions to these challenges through automation, real-time monitoring, predictive analysis, and intelligent decision-making. The study is a survey research that explores the effect of Digital Technologies and IoT on the efficiency of the project management, specifically on the efficiency of the following project management tasks: planning, monitoring, communicating, managing risk, and optimizing resources. This research also evaluates the added value of digital tools to increase productivity, reduce operating costs, enable collaboration and support data-driven project management. Additionally, it outlines the critical implementation issues, such as cybersecurity concerns and deployment expenses, technical skill gaps, and integration complexities. The study highlights growing importance of digital transformation in project management and provides recommendations for future studies to recognize impact of implementing digital transformation to increase project efficiency in various industries through a comprehensive literature review.
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