Evolution of Project Management in the Digital Economy

Authors

  • António Cabeças Universidade Autónoma de Lisboa / Autónoma TechLab / Centro de Investigação em Ciências Económicas e Empresariais

DOI:

https://doi.org/10.37467/gkarevtechno.v11.3233

Keywords:

Project Management, Digital Economy, Fourth Industrial Revolution, Green Project Management, Sustainability

Abstract

The great changes caused by the Fourth Industrial Revolution, also known as Digital Transformation, are happening very fast. We are living a new reality of Digital Economy, where technological innovation has a great impact on how projects are managed. This article has the objective to identify what Project Managers appropriate profile should be in order to face this new reality, taking advantage of using new digital technologies to increase the probability of projects' success and contribute with added value to the economy, the environment, and society. It is also presented the model proposed by Green Project Management, oriented to sustainability, and is also emphasized the importance of identifying the best approach to follow in the development of a new project in this Digital Economy era, knowing that besides the traditional predictive and agile approaches, there are rising new hybrid approaches, gathering the positive characteristics of the both of them.

References

Aoun, J. E. (2017). Robot-Proof: Higher Education in the Age of Artificial Intelligence. MIT Press. DOI: https://doi.org/10.7551/mitpress/11456.001.0001

Bolick, C. (2019). How can Project Managers Prepare for the Fourth Industrial Revolution? Northeastern University. https://bit.ly/2B5b2gD

Cabeças, A. (2018). Apontamentos de Gestão de Projetos. 5th edition. A. Angels.

Cabeças, A., & Silva, M.M. (2021). Project Management in the Fourth Industrial Revolution. TECHNO REVIEW International Technology Science and Society Review, 9(2), 79-96. https://journals.eagora.org/revTECHNO/issue/view/261. DOI: https://doi.org/10.37467/gka-revtechno.v9.2804

Costa, H. & Caramelo, A. (2021). Spot your Map. FLEKS Hybrid Business Model. https://fleksmodel.com/blog/ola-mundo-4/.

Dowling, K. (March 15, 2014). Surviving Disasters in Project Management: An Interview with Dr. Harold Kerzner. Huffpost. https://bit.ly/3oRKXdJ

Goleman, D. (1995). Emotional intelligence. Bantam Books.

Goodwin, T. (2015). In the Age of Disintermediation the Battle is all for the Consumer Interface. TechCruncb. https://tcrn.ch/3Q1El8j

GPM (2013). PRiSMTM Methodology. https://gpm-emea.org/gpm/prism-methodology/.

GPM (2019). The GPM P5™ Standard for Sustainability in Project Management Version 2.0. https://www.greenprojectmanagement.org/the-p5-standard.

Grey, A. (2016). The 10 skills you need to thrive in the Fourth Industrial Revolution. World Economic Forum. https://bit.ly/3Q1EybB

Griffiths, F., & Ooi, M. (2018). The Fourth Industrial Revolution — Industry 4.0 and IoT. IEEE Instrumentation and Measurement Magazine, 21(6), 29-43. DOI: https://doi.org/10.1109/MIM.2018.8573590

IPMA (2015). Individual Competence Baseline for Project, Programme Portfolio Management. 4th version, International Project Management Association, IPMA ICB.

IPMA (2016). Organisational Competence Baseline for Developing Competence in Managing by Projects. Version 1.1. International Project Management Association. IPMA Global Sandard, IPMA OCB.

ISO (2010). ISO 26000:2010 Guidance on social responsibility. International Organization for Standardization.

Kerzner, H. (2006). Project Management, A Systematic approach to planning, Scheduling and controlling (9th edition). John Wiley & Sons, Inc.

KPMG, AIPM, & IPMA (2019, Outubro). The Future of Project Management: Global Outlook 2019: Summary report. KPMG International Cooperative. https://bit.ly/3P2bn71

Marques da Silva, M. (2019). Os desafios da 4ª Revolução Industrial na Empregabilidade e no apoio às Pessoas Vulneráveis. Valores, Ética e Responsabilidade (VER). https://bit.ly/3bsXYYa

Melanima, L. (2018, 2 de Janeiro). Quarta Revolução Industrial e o Gestor de Projetos 4.0. LinkedIn. https://bit.ly/3QBMYXp

Meyer, T. (2020). IDC FutureScape: Western Europe Digital Leader 2020 Predictions. IDC FutureScapes 2020. IDC. https://bit.ly/3bwi6bP

Project Management Institute (2013). A Guide to the Project Management Body of Knowledge: PMBOK Guide (5th Edition). Project Management Institute, Inc. https://bit.ly/3zzxVXh DOI: https://doi.org/10.1002/pmj.21345

Project Management Institute (2018). Pulse of the Profession 2018: Success in Disruptive Times. Project Management Institute, Inc. https://bit.ly/3SrxWoK

Project Management Institute (2019). PMI’s Pulse of the Profession. The Future of Work Leading the Way With PMTG. Project Management Institute, Inc. https://bit.ly/3SqL9hr

Rainai, Z., & Kocsis, I. (2017). Labor market risks of industry 4.0, digitization, robots and AI, Proc. of 2017 IEEE 15th International Symposium on Intelligent Systems and Informatics (SISY), Subotica. DOI: https://doi.org/10.1109/SISY.2017.8080580

Rogers, D. (2016). The Digital Transformation Playbook. Rethink Your Business for the Digital Age. Columbia University Press. DOI: https://doi.org/10.7312/roge17544

Santos, E. (16 fevereiro, 2021). Novos desafios da gestão de projetos para surfar a onda de transformação digital. Porto Business School. https://bit.ly/3BOrYZj

Schwab, K. (14 de Janeiro, 2016,). The fourth Industrial Revolution: what it means, how to respond. World Economic Forum. Switzerland. https://bit.ly/3QhA5kS

Schwab, K. (2016). The fourth Industrial Revolution. World Economic Forum.

Trentim, M. [Mario Trentim - Gestão de Projetos]. (10 de septiembre de 2020). WEBINAR: FLEKS Hybrid Business Model - Modelos, Transformação e Gestão Híbrida de Projetos [Video]. Youtube. https://www.youtube.com/watch?v=6jMHGEk9lu8

UNCTAD (2019). Digital Economy Report 2019 - Value Creation and Capture: Implications fot Developing Countries. United Nations. https://bit.ly/3StSxsj

Wagner, R. (13 de Fevereiro, 2017,). The Fourth Industrial Revolution … and what it means for project management! International Project Management Association (IPMA). https://bit.ly/3bvsFM6

Published

2022-08-05

How to Cite

Cabeças, A. (2022). Evolution of Project Management in the Digital Economy. TECHNO REVIEW. International Technology, Science and Society Review /Revista Internacional De Tecnología, Ciencia Y Sociedad, 11(2). https://doi.org/10.37467/gkarevtechno.v11.3233