Blockchain Technology for Projects: A Multicriteria Decision Matrix

2021 ◽  
pp. 875697282110617
Author(s):  
Weisheng Lu ◽  
Liupengfei Wu ◽  
Fan Xue

This research aims to develop a multicriteria decision matrix (MCDM) for project management practitioners, which will support blockchain type selection, evaluate blockchain platforms, and plan blockchain systems. The MCDM is substantiated through a case study, which includes a questionnaire and an illustrative example pertinent to the construction industry. It was discovered in this study that consortium blockchain is superior in dealing with the characteristics of projects, and Hyperledger Fabric is chosen as the best applicable platform. In planning a blockchain-based project management system, project management practitioners should consider user requirements such as network participants, principal transactions, communication channels, and smart contracts.

Mathematics ◽  
2021 ◽  
Vol 9 (14) ◽  
pp. 1633
Author(s):  
Zhiwu Zhou ◽  
Julián Alcalá ◽  
Víctor Yepes

The aim of this paper is to establish an international framework for sustainable project management in engineering, to make up the lack of research in this field, and to propose a scientific theoretical basis for the establishment of a new project management system. The article adopts literature review, mathematical programming algorithm and case study as the research method. The literature review applied the visual clustering research method and analyzed the results of 21-year research in this field. As a result, the project management system was found to have defects and deficiencies. A mathematical model was established to analyze the composition and elements of the optimized international project management system. The case study research selected large bridges for analysis and verified the superiority and practicability of the theoretical system. Thus, the goal of sustainable development of bridges was achieved. The value of this re-search lies in establishing a comprehensive international project management system model; truly integrating sustainable development with project management; providing new research frames and management models to promote the sustainable development of the construction industry.


2016 ◽  
Vol 1 (2) ◽  
pp. 122 ◽  
Author(s):  
Md. Sayuti Ishak ◽  
Nurul Atilia Aida Mat Saad

<p><em>While green development has been spread largely in construction industry in Malaysia, there is still<br />gap in integration of green development and project management. It is undeniable that many people in<br />the industry are alert to this green technology. However, some of them are refused to apply green<br />building technologies due to several reasons. Green concept is practically not accepted widely in<br />industry as many developers are refuse to apply it in their projects. Hence, the aim of this study is to<br />determine the green practices that need to be done and added in traditional project management from<br />stakeholder perception so it will speed up their acceptance of green technology in construction industry.<br />Method used in determining the practices and analyze the result is the 5-point Likert scale and SPSS<br />software. The result show that only 48 practices in all construction phase are accepted to be implement<br />in green project by all stakeholders. This research also proposed a green project management<br />framework that are realistic and practicable by taking into consideration of stakeholders’ perspective.</em><strong><em></em></strong></p>


The business characteristics in the construction environment has changed considerably over the previous 2 years because of rapid changes in info and construction technology, changes in market conditions, improved consumer needs (i.e. fast response, lower fees, greater customization etc.), item proliferation with uncertain and shorter life cycles, intensified off shoring and outsourcing methods, and improved competition from local to worldwide arena. This paper research on AM is actually centered on improving the systematic methodologies to study. The Scrum method designed for software development sector has to be defined to comply with construction business first. Artifacts, events, and the roles of scrum framework shall be connected to the stakeholders, group meetings, and documents applying in the construction business. The developed model then supported to the conduct the case study. The study was conducted to the donor funded task that is sealed the time and project budget with its top limit


2016 ◽  
Vol 13 (04) ◽  
pp. 31-39
Author(s):  
Ajendra Kashikar ◽  
Devansh Mehta ◽  
Bhawesh Motichandani ◽  
Prof/Dr. Dasika Chaitanya

The international experience of integrating building information modeling (BIM) into project management system with innovation implementation accent has been revealed in this article. The events carried out on federal and regional levels concerning the President of Russia directive on building construction industry modernization and construction objects transferring to life cycle management by means of BIM were analyzed. The large company experience of implementing BIM was summarized with describing some examples in different cities and regions of our country and thus the main directions of this technology development were determined. The key points of BIM and project management system pairing and impacting an innovation choice witch determine the project economic efficiency in the integrated management system were shown. The main reports of "Building construction projects technology and management: new practices and prospects" conference by Moscow Trade and Commerce Chamber were reviewed in this direction and problems of the new investment and construction project management technology implementation were shown. The ways to solve these problems were disclosed by work examples of PAO "Sberbank", and successfully working in our country firms Bilfinger Tebodin - BIM design and Beiten Burkhard -jurisdiction support. Some economic efficiency questions of BIM implementation were disclosed in the report delivered by The Plekhanov University of Economics (project and program management base department of Capital Group). Management system suggestions, regarding BIM implementation in Moscow construction were given.


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