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date: 26 May 2019

Abstract and Keywords

This article argues that emerging digital technologies are enabling new forms of project management in project-based industries. The 1960s project management approach originated in the mature project-based industries of petrochemicals, military, advanced manufacturing, pharmaceuticals, buildings, and infrastructure. This approach, which is termed “Project Management 1.0” (PM 1.0), evolved to manage small numbers of large, complex projects in business and regulatory environments that were relatively stable by today's standards. It involves detailed up-front planning, using multiple layers of hierarchical work breakdown structures. It then manages these projects by tracking and eliminating variance from plans. The approach is alive and well in some of those same industries, and has been greatly enhanced by widespread use of digital technologies for planning, visualization, communication, procurement, logistics, and other functions. However, there are important ways in which the use of information technology begins to challenge this traditional project management approach.

Keywords: information management, project management, digital technologies, project-based industries, PM 1.0, information technology

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