Project Management Central

Please login or join to subscribe to this thread

Topics: Innovation
Blockchain in project management
Network:31


what about blockchain related to use in project management.
Sort By:
Network:91224



What exactly are you looking for, Panuwat?

Are you looking for feedbacks on blockchain implementation projects? Or, are you looking for projects that use blockchain for financial management?

Are you interested in the distributed ledger aspect of blockchain, or cryptocurrencies?
...
1 reply by PANUWAT CHATJAIKAM
Sep 04, 2017 9:50 PM
PANUWAT CHATJAIKAM
...
I mean non financial project such as construction project, IT project.
I'm understand blockchain in fintech but not sure in blockchain in another project.
Network:98191



I am not sure I understand either what you are exactly looking for. Maybe you could ellaborate. Thanks.
...
1 reply by PANUWAT CHATJAIKAM
Sep 05, 2017 4:56 AM
PANUWAT CHATJAIKAM
...
I mean non financial project such as construction project, IT project.
I'm understand blockchain in fintech but not sure in blockchain in another project.
Network:31


Sep 04, 2017 8:42 AM
Replying to Stéphane Parent
...
What exactly are you looking for, Panuwat?

Are you looking for feedbacks on blockchain implementation projects? Or, are you looking for projects that use blockchain for financial management?

Are you interested in the distributed ledger aspect of blockchain, or cryptocurrencies?
I mean non financial project such as construction project, IT project.
I'm understand blockchain in fintech but not sure in blockchain in another project.
Network:31


Sep 04, 2017 1:32 PM
Replying to Rami Kaibni
...
I am not sure I understand either what you are exactly looking for. Maybe you could ellaborate. Thanks.
I mean non financial project such as construction project, IT project.
I'm understand blockchain in fintech but not sure in blockchain in another project.
Network:91224



If you are looking at using blockchain as a tool in a project, then we are talking about financial instructure.

Assuming that blockchain has been implemented within your organization, your suppliers organizations and your client's organization, then you can create financial transactions that operate across organizations, doing appropriate journalling and ledgering on both sides.

From the project's point of view, this should be transparent as your Finances unit would manage the blockchain.

Are you looking into using cryptocurrency in your project? Again, this should be irrelevant to your project. How you pay your suppliers is immaterial, just like it doesn't matter how your client pays you.
Network:0
I know exactly what Panuwat is looking for. He is not necessarily interested in financial projects. He is talking about any project - essentially the use of blockchain as a project management platform. At Villanova University (Department of Electrical and Computer Engineering) I am leading a team working on an initiative applying blockchain technology specifically as a collaboration and project management tool. There are several benefits we anticipate from standardizing project management on a blockchain, including immutability and enhanced audit trails, greater workflow accountability, contribution and remuneration tracking, and entrance/exit criteria validation. It is believed that the blockchain can "set" the quality level of the project and drive all activities to achieve that quality level as opposed to activities leading to the quality level (as with most projects), because smart contracts will server as an independent quality gates designed to trigger based on specific (and immutable) conditions.
...
1 reply by Troy Pelshak
Jun 29, 2018 5:07 PM
Troy Pelshak
...
This is interesting and I can see the benefits that can be derived. The one thing that I have seen/noticed is that the Blockchain apps being developed vary in from region to region in regards to their target adopters (initial). I have spoken to start-ups, governments, and organizations on 3 different continents over the past 8 months and I can tell each one has a different outlook with regards to blockchain. From a PM stakeholder management perspective this could introduce some nuances to meeting stakeholder expectations.
Network:353



Feb 12, 2018 11:42 PM
Replying to Hasshi Sudler
...
I know exactly what Panuwat is looking for. He is not necessarily interested in financial projects. He is talking about any project - essentially the use of blockchain as a project management platform. At Villanova University (Department of Electrical and Computer Engineering) I am leading a team working on an initiative applying blockchain technology specifically as a collaboration and project management tool. There are several benefits we anticipate from standardizing project management on a blockchain, including immutability and enhanced audit trails, greater workflow accountability, contribution and remuneration tracking, and entrance/exit criteria validation. It is believed that the blockchain can "set" the quality level of the project and drive all activities to achieve that quality level as opposed to activities leading to the quality level (as with most projects), because smart contracts will server as an independent quality gates designed to trigger based on specific (and immutable) conditions.
This is interesting and I can see the benefits that can be derived. The one thing that I have seen/noticed is that the Blockchain apps being developed vary in from region to region in regards to their target adopters (initial). I have spoken to start-ups, governments, and organizations on 3 different continents over the past 8 months and I can tell each one has a different outlook with regards to blockchain. From a PM stakeholder management perspective this could introduce some nuances to meeting stakeholder expectations.
Network:1000



Panuwat & Hasshi -

Such a use of blockchain might be of value in megaprojects where there is the need to keep a track of hundreds of milestones and the associated vendor "gets and puts", but on a typical project, this is likely to be overkill.

Kiron
Network:1629



Blockchain is the next step inside environemnts where in the past workflow plus specialized databases were used. I was part of the project that today has been migrated to blockchain environment by IBM in Maerks Containers.The worst thing people can do is thinking that blockchain is about technology. Blockchain is about collaboration what that means shift the mind at business level from competitive to cooperative. That is the key challenge.

Please login or join to reply

Content ID:
ADVERTISEMENTS

"If God had meant for us to be naked, we'd have been born that way."

- Mark Twain

ADVERTISEMENT

Sponsors