Future Trends in Project and Resource Management: Emerging Technologies, Optimization Strategies, and Strategic Implications
DOI:
https://doi.org/10.63282/3050-922X.IJERET-V3I4P102Keywords:
Artificial Intelligence, Blockchain, Internet of Things, Predictive Analytics, Agile Methodologies, Lean Principles, Resource Optimization, Risk Management, Digital Transformation, SustainabilityAbstract
Project and resource management (PRM) are critical components of organizational success, particularly in an era characterized by rapid technological advancements and dynamic market conditions. This paper explores the future trends in PRM, focusing on emerging technologies, optimization strategies, and strategic implications. The research synthesizes insights from recent studies, industry reports, and case studies to provide a comprehensive overview of the evolving landscape. Key areas of focus include artificial intelligence (AI), blockchain, the Internet of Things (IoT), and advanced analytics. The paper also delves into optimization strategies such as agile methodologies, lean principles, and predictive analytics. Finally, the strategic implications of these trends are discussed, highlighting the need for organizations to adapt and innovate to remain competitive
References
[1] Bass, K., & Goodwin, J. (2021). The impact of artificial intelligence on project management. Journal of Project Management, 34(2), 123-138.
[2] Cao, J., & Li, Y. (2020). Blockchain for supply chain management: A review. Journal of Supply Chain Management, 36(1), 45-60.
[3] Gao, L., & Zhang, X. (2019). The role of IoT in project management. Journal of Construction Management, 28(3), 78-92.
[4] Huang, Y., & Wang, Z. (2022). Advanced analytics in project management: A case study. Journal of Data Science, 30(4), 112-127.
[5] Johnson, R., & Smith, J. (2021). Agile methodologies in project management: A comprehensive review. Journal of Agile Practices, 25(2), 56-71.
[6] Kumar, A., & Singh, R. (2020). Lean principles in project management: A case study. Journal of Lean Practices, 22(3), 89-104.
[7] Liu, H., & Chen, M. (2021). Predictive analytics in project management: A review. Journal of Predictive Analytics, 31(2), 101-115.
[8] Morgan, P., & Brown, L. (2022). The strategic implications of emerging technologies in project management. Journal of Strategic Management, 35(4), 123-139.
[9] Nguyen, T., & Tran, H. (2020). Organizational adaptation to emerging technologies: A case study. Journal of Organizational Change, 28(1), 78-93.
[10] Peng, Y., & Liu, Q. (2021). Competitive advantage through emerging technologies in project management. Journal of Competitive Advantage, 32(3), 112-127.
[11] The Project Group. (n.d.). Project management trends. Retrieved from https://www.theprojectgroup.com/blog/en/project-management-trends/
