A New Era of Project Management using Blockchain Technology

Tahmina Rashid, Munir Ahmad Saeed, Mohiudin Ahmed

Research output: A Conference proceeding or a Chapter in BookChapter

Abstract

Blockchain technology is being embraced in a wide range of application domains. Although usage is mostly in the financial sector, the effectiveness of this emerging technology is being investigated in other domains as well. In this chapter, we are interested in exploring the effectiveness of blockchain technology for project management (PM). Project managers can use blockchain technology to enhance the performance of any project. Blockchain can be used to communicate with all participants in order to define requirements, scope, budget, deadlines, and deliverables. Additionally, blockchain will identify, verify, and validate, all transactions. This technology can help simplify any issues that involve reconciliation, arbitration, or intermediation. The chapter will help both academics and industry practitioners to gain more understanding of the benefits of using blockchain for project management.
Original languageEnglish
Title of host publicationBlockchain in Data Analytics
EditorsMohiuddin Ahmed
Place of PublicationUK
PublisherCambridge Scholars Publishing
Chapter5
Pages102
Number of pages122
ISBN (Print)9781527544291
Publication statusPublished - Feb 2020

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