Could you provide more details or clarification? IoT capabilities might be deployed as part of the scope of a project, but are you inquiring about any particular industry or are you asking about the use of IoT to improve project management itself? If the latter, this might be feasible for enabling better tracking & management of physical resources on projects, but not the people :-)
Eventually it will be widely used (as in some government agencies) for tracking people. No matter how we try to divorce human beings from inanimate objects, they remain key corporate assets nonetheless. Saving Changes...