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Integrating Blockchain Technology in Project Life Cycle for efficient Project Management

Title: Integrating Blockchain Technology in Project Life Cycle for efficient Project Management

Master's Thesis , 2019 , 44 Pages , Grade: 1.0

Autor:in: Luxmi Kanth Navaneethan (Author)

Business economics - Business Management, Corporate Governance
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Summary Excerpt Details

Blockchain Technology has the capability to develop as a disruptive technology in management and business domains. There is a lack of understanding also less amount of information about innovative blockchain technology and its potential future influences that hinder its academic and realistic application. Organizations it is essential to know the right influence and risk of blockchain technology adaptions also applications in order to obtain also retain economic advantages. There is no doubt such kind of revolutionary technology will have a direct effect on the conventional way of managing projects. Unless the organizations identify the shift, they will be left in the background wondering what had happened.

This research study recognizes peer-reviewed journal papers also presents a systematic literature review study of the furthermost suitable blockchain technology features to be integrated into the project life cycle for efficient project management. Preliminary research shows that Blockchain technology is an immutable, distributed ledger technology that has been implemented as an enabling system to provision cryptocurrencies. Blockchain Technology is presently resolving various issues in different domains. Such as supply chain, medical health, energy, construction, finance and manufacturing but not in project management, due to its early stages. In addition, that most of the organizations use Ethereum blockchain and smart contracts towards addressing their difficulties and enhancing efficiency in their respective fields of business and management process.

Research findings shows that smart contract and distributed ledger technology are the most adapted blockchain features in current business organizations, furthermore study recommends the kind of changes need to adapted by the organizations in order to handle future projects. Finally systematic literature review research findings sheds light on future directions of research studies could contain analysis of the different approaches which Ethereum and additional decentralized blockchain technologies can be used to build efficient project management framework.

Excerpt


Inhaltsverzeichnis (Table of Contents)

  • INTRODUCTION
  • LITERATURE REVIEW
    • Introduction
    • Blockchain for Business and Management
    • Distributed Ledger Technology
      • Construction Sector
      • Supply Chain Sector
      • Healthcare Sector
      • Clinical Research Sector
      • Energy Sector
      • Internet of Things (IoT)
    • Financial Sector
    • Voting System
    • Potential Benefits of Blockchain Technology
  • RESEARCH METHODOLOGY
    • Planning
    • Searching
    • Screening
      • Selection Results
      • Publications Over time
    • Data Extraction
    • Assurance of Quality
    • Limitations
  • DATA ANALYSIS
    • Significant Word Count
    • Discussions
  • CONCLUTION & RECOMMEDATIONS
    • Research Question 1
      • Blockchain Integration - Medical & Healthcare
      • Blockchain Integration - Construction Projects
      • Blockchain Integration – Manufacturing & Supply Chain
    • Research Question 2
    • Research Question 3
      • Smart Contract in Project Management
      • Distributed Ledger Technology (DLT) for Project Management
    • Future of Project Management
  • REFERENCES

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This dissertation explores the potential of blockchain technology to enhance project management efficiency. It examines the key features of blockchain and analyzes its suitability for integration into the project life cycle.

  • Blockchain technology's impact on project management efficiency.
  • Suitable features of blockchain for project management integration.
  • Benefits of blockchain adoption in various sectors.
  • Challenges and limitations of integrating blockchain into project management.
  • Future directions for research on blockchain and project management.

Zusammenfassung der Kapitel (Chapter Summaries)

  • Introduction: This chapter provides an overview of project management stages and the potential of blockchain technology to enhance project efficiency.
  • Literature Review: This chapter explores existing research on blockchain technology, discussing its applications in different sectors like healthcare, construction, and finance. It also highlights the potential benefits of blockchain in enhancing business and management processes.
  • Research Methodology: This chapter details the research process, including the planning, searching, screening, and data extraction methods employed. It also discusses the limitations of the study.
  • Data Analysis: This chapter presents the results of the analysis, focusing on significant word count and key discussions related to the research questions.

Schlüsselwörter (Keywords)

The main keywords and focus topics of this dissertation include blockchain technology, distributed ledger technology, smart contracts, project management, project life cycle, efficiency, healthcare, construction, supply chain, and future directions.

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Details

Title
Integrating Blockchain Technology in Project Life Cycle for efficient Project Management
Course
MSc Project Management
Grade
1.0
Author
Luxmi Kanth Navaneethan (Author)
Publication Year
2019
Pages
44
Catalog Number
V539105
ISBN (eBook)
9783346148827
ISBN (Book)
9783346148834
Language
English
Tags
Project Management Blockchain technology Cryptocurrency Project Life Cycle Ethereum systematic literature review decentralized blockchain technologies smart contracts
Product Safety
GRIN Publishing GmbH
Quote paper
Luxmi Kanth Navaneethan (Author), 2019, Integrating Blockchain Technology in Project Life Cycle for efficient Project Management, Munich, GRIN Verlag, https://www.grin.com/document/539105
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