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PMS Chapter 6

Digital projects leverage modern technologies like AI, cloud computing, and IoT to improve project management efficiency. Current trends include location-based analytics, social media utilization, and intuitive user experiences, while cloud technology enhances collaboration and resource management. Augmented and virtual reality applications are transforming various industries by increasing productivity and facilitating remote support.

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0% found this document useful (0 votes)
6 views

PMS Chapter 6

Digital projects leverage modern technologies like AI, cloud computing, and IoT to improve project management efficiency. Current trends include location-based analytics, social media utilization, and intuitive user experiences, while cloud technology enhances collaboration and resource management. Augmented and virtual reality applications are transforming various industries by increasing productivity and facilitating remote support.

Uploaded by

priyakabadi450
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Project Management

Skills
Chapter - 6 Digital Project Management

What are digital projects? Gi✓e examples


Digital projects are modern day software projects that
predominantly use digital technologies such as Big Data
technologies, Augmented reality and ✓irtual reality (AR & VR),
Artificial intelligence (AI) technologies, cloud computing
technologies, etc. to achie✓e high quality deli✓erables.
ffx. KLMS, HRMS

What is digital project management?


The use of digital technology for the management of modern
projects to o✓ercome the shortcomings of con✓entional project
management is called Digital Project Management.

ffxplain digital technology trends in project management. Or What


are the recent trends in digital technology in project
management?
Current trends in digital technology in project management are:
1. Location-based analytics
 Location analytics is the practice of adding
geographical data to a business's data assets.
 It is sometimes referred to as Geo-analytics.
2. Social channel utilization and touch point optimization
 It refers to the use of social media platforms for
brand marketing, campaigns and etc.
 The touch point is one where project management interacts
with customers.
 Customer touch points can be online ad✓ertisement, company
e✓ents, Peer referrals, ff-Commerce, Product feedback
sur✓eys and etc.
3. Intuiti✓e user experiences
 Intuiti✓e user experiences are offered in the form of
dashboard ✓iews, unified ✓iews, 360-degree acti✓ity
✓iews, real - time ✓isualizations.

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4. Digital marketing
 This refers to the use of social media platforms to
market products and brands.
 Peer recommendations and peer appro✓al play a major role in
influencing customers.
5. Analytics
 Use of user actions and analysis of historical data will
be used for recommendation and personalizing the
experience.
6. Domain-specific trends
 Banking
 Digital banking
 Virtual bank
 Self-ser✓ice tools
 Mobile apps
 Digital wallets and payments

7. Retail
 Virtual assistant
 Chat bot
 Social media marketing
8. Utilities
 Dash board experience
 Real time monitoring
 Self-ser✓ice

9. Other digital technologies: Many organizations in✓esting in


technologies like Big Data, IoT and reporting.
10. Internet of Things (IoT): Internet and sensors are
used to get real time information from the ✓arious connected
de✓ices and report the outcome.

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11. Big data analytics: Applying analytical techniques to a
massi✓e ✓olume of data will re✓eal the hidden patterns and
trends and pro✓ide ✓ital insights into data. Big data
analytics is increasingly used in financial applications,
Digital ff-Commerce solutions and health care.

12. Social integration: Social collaboration features such


as Blogs, Wiki, Chat, Forums, Sur✓eys, Message boards and
etc are integrated with social media platforms like Facebook,
twitter are becoming basic necessity in most digital
applications.
Cloud Technology
 Cloud technology is also known as Cloud computing or simply
Cloud.
 It is defined as the ✓irtual storage space that exists on the
internet.
 It is the storage space where people can place their digital
resources such as software, applications and files.
 It also allows us to share resources without being the
restriction of their physical location.
Cloud technology applications in project management
In project management, cloud technology enables applications
like cloud-based project management software, which allows teams
to plan, collaborate, monitor, and deli✓er projects from anywhere
with an internet connection, utilizing features like task
management, ✓isual progress tracking, real-time updates,
document sharing, and reporting tools, all accessible through a
web interface on ✓arious de✓ices; essentially streamlining
collaboration and impro✓ing project ✓isibility across geographically
dispersed teams. Reporting, analytics and resource management will
be easy be by using cloud technology.
Benefits of cloud computing
 Agility - The freedom to experiment, test new ideas to
differentiate customer experiences, and transform your
business.

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 fflasticity- scale the resources up or down to instantly grow
and shrink capacity as your business needs change.
 Lower IT costs (Cost sa✓ings)- The cloud allows you to trade
fixed expenses (such as data centres and physical ser✓ers)
for ✓ariable expenses, and only pay for IT as you consume
it.
 Deploy globally in minutes - With the cloud, can expand to
new geographic regions and deploy globally in minutes.

Internet of Things GIoT]


Internet of Things (IoT) refers to the process of connecting
e✓eryday physical objects to the internet from common household
objects like light bulbs to health care assets like medical de✓ices to
wearable smart de✓ices and e✓en smart cities.
Applications of IOT in project management
 In project management, the IoT technology will
fundamentally alter the speed of project execution.
 Organizations that adopt IoT will complete the projects in a
speedy manner.
 The IoT intersects with project management on e✓erything
from team collaboration to data collection and can expect
real time status reporting
✓ ia IoT to user in a new era of dynamic planning and
execution.
 Data collection will happen on a large-scale allowing leaders to
make more informed decisions.
 In✓entory and resources will be easily monitored at all times.
 De✓ices can automatically sense and respond to what is
happening around them reducing the need for human
inter✓ention, lowering operating costs and increasing response
time and minimizing errors.
Applications of IOT
1. IOT enables high speed reporting
2. IOT allows complete monitoring and process control
3. IOT Creates an explosion of ✓aluable project data
4. IOT allows super-deep data analytics

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5. IOT users in stricter ethical and legal implications
6. IOT raises expectations for all stakeholders

AR (Augmented Reality) and VR (Virtual Reality)


Augmented reality is the real time use of information in the form
of text, graphics, audio and other ✓irtual enhancements integrated
with real world objects. AR is an enhanced ✓ersion of the real
physical world that is achie✓ed through the use of digital ✓isual
elements, sound, or other sensory stimuli deli✓ered ✓ia technology.
Virtual reality refers to a computer-generated simulation in
which person can interact within an artificial three-dimensional
en✓ironment using electronic de✓ices, such as special goggles with a
screen or glo✓es fitted with sensors. ffx: 3D mo✓ie,
✓ ideo games, ✓irtual meetings.

Benefits of AR and VR in Project Management


 Increase in efficiency and producti✓ity.
 Reduces time and costs.
 Reduces errors and facilitates of work processes.
 ffnables fast remote support for repairing systems weakness.
 ffnables fast and remote collaboration.
 In✓ol✓es inno✓ation support.
 Facilitate to understand large amounts of data.
 Facilitate decision making problems sol✓ing.

 Facilitates monitoring of projects.


 Reduces the project ✓alidation
risks. Applications of AR and VR in project
management
 Architecture, ci✓il engineering, construction and real
estate: AR and VR technology is used to influence
customers by realistic impression of their future buildings,
flats, business places.

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 Marketing and sales: Many companies ha✓e recognized additional
✓alues for both marketers and customers.

 ffducation: AR/VR technologies offer great opportunities and


di✓ersity in education (remote learning, interacti✓e learning,
'real' lessons, etc.
 Visual industries: Game industry, fashion industry,
entertainment industry - cinema, film, tra✓elling exhibitions
are using AR/VR (e.g., landmarks, museums) etc.
 Automoti✓e: AR/VR solutions are used for test dri✓es, car
elements testing, car dealership experience, etc.
 Manufacturing: In complex manufacturing processes AR is useful
in deli✓ering the right information at the right moment to
factory workers on assembly lines
 Healthcare: Training of surgeons is the application of AR/VR
technologies in healthcare.
 Defence: The project de✓elops AR and VR solutions for training
the security critical agents (ffx: policeman, fireman,
emergency medical staff, anti- terrorist units, etc.).
 Ser✓ice support: Remote ser✓ice support is possible due to AR/VR
technologies. Differentiate between Augmented Reality and
Virtual Reality
Augmented Reality Virtual Reality
1. Combination of digital and real 1.Totally artificial digital
world. world.
2. User experience is partially 2. Complete sense of immersion.
immersed.
3. Camera-enabled de✓ices such as 3. Special hardware
smart phone, tablet or smart equipment is required
glasses are required. Desktop and (Microsoft Hololense,
lap-top are not suitable because HTC
of its fixed camera position, unless ✓ i✓e, oculus right, Google
an external camera is used. daydream, etc).

4. Latest ✓ersions of common4. Special software is required.


operating systems are good
enough (Android, IOS, Windows).

5. Initial cost is lower than the5. Initial cost is higher than


VR. the AR.

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Smart cities
Smart city is a framework, predominantly composed of information and
communication technologies (ICT), to de✓elop, deploy and promote
sustainable de✓elopment practices to address the growing
urbanization challenges. This ICT framework is essentially an
intelligent network of connected objects and machines that
transmit the data using wireless technology and the cloud
technology. Cloud based IoT applications recei✓e, analyze and
manage data in real-time to help municipalities, enterprises and
citizens to make better decisions that impro✓e quality of life.
Augmented Reality (AR) can be the interface which pro✓ides
access to all the benefits of a smart city.

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