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

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  • Kockum, Fredrick
  • Dacre, Nicholas

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.

Suggested Citation

  • Kockum, Fredrick & Dacre, Nicholas, 2021. "Project Management Volume, Velocity, Variety: A Big Data Dynamics Approach," SocArXiv k3h9r_v1, Center for Open Science.
    • Handle: RePEc:osf:socarx:k3h9r_v1
    DOI: 10.31219/osf.io/k3h9r_v1
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