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.
Table of Contents
1 INTRODUCTION
2 LITERATURE REVIEW
2.1 Introduction
2.2 Blockchain for Business and Management
2.3 Distributed Ledger Technology
2.3.1 Construction Sector
2.3.2 Supply Chain Sector
2.3.3 Healthcare Sector
2.3.4 Clinical Research Sector
2.3.5 Energy Sector
2.3.6 Internet of Things (IoT)
2.4 Financial Sector
2.5 Voting System
2.6 Potential Benefits of Blockchain Technology
3 RESEARCH METHODOLOGY
3.1 Planning
3.2 Searching
3.3 Screening
3.3.1 Selection Results
3.3.2 Publications Over time
3.4 Data Extraction
3.5 Assurance of Quality
3.6 Limitations
4 DATA ANALYSIS
4.1 Significant Word Count
4.2 Discussions
5 CONCLUTION & RECOMMEDATIONS
5.1 Research Question 1
5.1.1 Blockchain Integration – Medical & Healthcare:
5.1.2 Blockchain Integration – Construction Projects
5.1.3 Blockchain Integration – Manufacturing & Supply Chain
5.2 Research Question 2
5.3 Research Question 3
5.3.1 Smart Contract in Project Management
5.3.2 Distributed Ledger Technology (DLT) for Project Management
5.4 Future of Project Management
6 REFERENCES
Research Objectives and Themes
The primary objective of this dissertation is to conduct a systematic literature review to evaluate how blockchain technology can be integrated into the project life cycle to enhance project management efficiency. The research explores current industry practices, potential impacts, and specific blockchain features that can streamline project processes.
- Review of current business practices regarding blockchain-based project management.
- Identification of blockchain technology's potential impact on project management processes.
- Analysis of blockchain features such as smart contracts, immutable documentation, and global currency.
- Evaluation of blockchain integration in diverse sectors including healthcare, construction, and manufacturing.
- Development of insights for project managers to transition toward automated, efficient project execution.
Excerpt from the Book
5.1.1 Blockchain Integration – Medical & Healthcare:
The first case discusses how the medical and health sector used blockchain technology to modernize and improve their operation. Health and heath sectors have a lot of data on physicians and health professionals. Blockchain technology can help to maintain medical information or only security associated information. In a suggested framework, the blockchain technology specifically used to enforce the information integrity framework. The system can be applied using other technologies but blockchain technology offers solutions that does not need trustworthy third pesons, operates in a decentralized eHealth environment also allows information to be deleted (Tomasz Hyla, 2019).
Chapter Summaries
1 INTRODUCTION: This chapter outlines the project life cycle stages and introduces blockchain as a potential disruptive technology to enhance project management efficiency and organizational transformation.
2 LITERATURE REVIEW: This chapter provides an extensive examination of existing scholarly work regarding blockchain's application across various industries, including banking, energy, healthcare, and supply chain.
3 RESEARCH METHODOLOGY: This chapter describes the systematic literature review process, covering the planning, searching, screening, and quality assurance procedures used to select the primary studies.
4 DATA ANALYSIS: This chapter presents the findings from the selected primary articles, focusing on keyword frequency and thematic categorization of blockchain features and business applications.
5 CONCLUTION & RECOMMEDATIONS: This chapter synthesizes the research findings, answering the defined research questions and providing strategic recommendations for integrating blockchain into project management.
6 REFERENCES: This section lists all academic and professional sources utilized throughout the dissertation.
Keywords
Blockchain, Project Management, Smart Contracts, Distributed Ledger Technology, Healthcare, Construction, Manufacturing, Supply Chain, Efficiency, Sustainability, IoT, Immutable Documentation, Data Integrity, Automation, Digital Assets
Frequently Asked Questions
What is the core focus of this research?
The research focuses on the integration of blockchain technology within the project life cycle to improve the efficiency, transparency, and reliability of project management practices.
What are the primary sectors examined in this study?
The study highlights applications in the medical and healthcare sector, the construction industry, manufacturing and supply chain management, and the energy sector.
What is the main research question of the work?
The work addresses three main questions: the typical benefits for project managers, the future potentials of this integration, and which specific features of blockchain can be integrated into existing project management processes.
Which methodology was employed to gather the findings?
The author performed a systematic literature review (SLR) by analyzing peer-reviewed journal papers published between 2015 and 2019, ensuring high-quality, relevant data extraction.
What does the main body of the work cover?
The main body covers a comprehensive review of existing literature, a detailed methodology of the systematic study, a keyword-based data analysis of primary articles, and specific conclusions on blockchain integration strategies.
Which keywords characterize this dissertation?
Key terms include blockchain, project management, smart contracts, distributed ledger technology (DLT), supply chain, and data integrity.
How can smart contracts specifically improve construction projects?
Smart contracts can automate and streamline contract approvals, documentation, and payments, thereby reducing administrative overhead and human error in complex construction projects.
What role does the 'Global South' play in this research?
The research discusses how blockchain technology could serve as a tool to help developing economies (Global South) break poverty chains and modernize their business infrastructures.
What are the main obstacles identified for blockchain adoption in project management?
Primary obstacles include the nascent state of the technology, the need for major revisions of existing business processes, and potential resistance to organizational transition.
- Arbeit zitieren
- Luxmi Kanth Navaneethan (Autor:in), 2019, Integrating Blockchain Technology in Project Life Cycle for efficient Project Management, München, GRIN Verlag, https://www.grin.com/document/539105
