Strategic Project Management: Navigating Complexity in the Era of Big Data and Analytics

Authors

  • Thomas Stephen Calvard Department of Computer Science, University of Edinburgh, UK Author

Keywords:

Strategic project management, big data, Analytics, Complexity, Decision-making, Risk management, Resource allocation, Performance evaluation, Innovation, Competitive edge

Abstract

In today's rapidly evolving business landscape, strategic project management has become increasingly intricate due to the pervasive influence of big data and analytics. This paper explores the challenges and opportunities presented by this era of unprecedented data abundance. We delve into the complexities that project managers face as they navigate through vast datasets, seeking actionable insights to drive decision-making and project success. Moreover, we examine the role of advanced analytics techniques in enhancing project planning, risk management, resource allocation, and performance evaluation. Additionally, this paper underscores the importance of integrating data-driven methodologies into traditional project management frameworks to capitalize on emerging opportunities and mitigate potential pitfalls. By embracing the power of big data and analytics, organizations can gain a competitive edge, adapt to changing market dynamics, and foster innovation in their project endeavors.

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Published

2024-01-10