Project Management in the 4th Industrial Revolution
Silva, M.
Project Management in the 4th Industrial Revolution, Proc International Conference on Technology, Science and Society, Santiago de Compostela, Spain, Vol. , pp. - , October, 2020.
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Abstract
The Fourth Industrial Revolution (also referred to as Industry 4.0) is driven by a massive utilization of new technologies, such as robots, artificial intelligence, Internet of Things (IoT), Big Data, Quantum Computing and Quantum Communications, replacing humans by machines in certain tasks or the development of new or more efficient tasks. The Fourth Industrial Revolution is originating huge modifications in society and organizations. Human adaptation to the new paradigm is required, as it will have a high impact on jobs and on the required skills. Project Management has evolved significatively in the last decades, privileging the fulfilment of the scope, time and cost of projects, based on the “triple constraint” classic model, and is still evolving due to the needs of new projects in the Fourth Industrial Revolution. This evolution has taken us to more complex models, with greater concern for the benefits that a project will bring to society and environment, which is a great challenge for Project Managers.