Project Management Volume, Velocity, Variety: A Big Data Dynamics Approach

Fredrick Kockum and Nicholas Dacre

No k3h9r, SocArXiv from Center for Open Science

Abstract: The era of Big Data has provided business organisations opportunities to improve their management processes. This developmental paper is adopting a mixed-method research approach where qualitative data will underpin a quantitative questionnaire. The early insights are based on an initial eleven qualitative interviews and conceptualised in the following three statements: (i) Project practitioners need to increase their data literacy; (ii) Project practitioners are not utilising the available Big Data based on the 3 Vs; Volume, Velocity and Variety; (iii) Project practitioners need to utilise the structured available data to augment the decision-making process to represent the complex environment of Big Data, the study adopts Complexity Theory as a theoretical framework. When completed, the research will demonstrate the results through System Dynamics modelling.

Date: 2021-01-14
New Economics Papers: this item is included in nep-ppm
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:k3h9r

DOI: 10.31219/osf.io/k3h9r

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