Exploring Industry 4.0 Paradigm as Applied to Project Management:A Proof of Concept

摘要

This research study elaborates and conceptualizes the architectural framework of Industry 4.0 to be applied to project management.Research is based on the literature in digital transformation in project management and extends the literature in adding the feasibility of Industry 4.0 applied to project management.The exploring paradigm of Industry 4.0 is 5-layer architecture.Mixed research approach,a blend of qualitative and quantitative approach is adopted with the objective of acquisition of knowledge,examination of the concepts,and analysis of the theories in order to understand feasibility of Industry 4.0 in a constructive research methodology.Findings of the research suggest the feasibility of implementation of Industry 4.0 concepts for project management,especially for project monitoring and control.It is explored that there can be an automation of project management process with a certain degree of capability in decision making.