Blockchain Applications through the Lens of Project Managers

9 pages•Published: May 15, 2022

Abstract

This paper succinctly addresses the initial results of the first phase of a study aiming at the application of blockchain technology in project management. In the first stage, the perception of project managers toward the application of blockchain technology in professional areas was explored. After briefly reviewing the concepts of blockchain technology, smart contracts, and integration of the BIM and blockchain, a blockchain network is introduced as a case application in project management. This paper shows that blockchain is a viable system for governing project contracts by automating the consequences of each transaction and maintaining a tamper-proof record of project progress, which would be valuable in any kind of dispute resolution. In addition, the familiarity of project managers with potential applications of blockchain in project management was investigated through a quantitative method via a survey distributed to project managers. The results indicate that the advent of blockchain sets a platform for further integration of technology in various project management areas. The results also show that practical knowledge of project managers through blockchain-based cryptocurrencies correlates with their perceptions toward blockchain applications. The results suggest project managers can plan accordingly to embrace blockchain potentials along with other industries.

Keyphrases: blockchain, construction, project management, smart contract

In: Tom Leathem, Wes Collins and Anthony Perrenoud (editors). ASC2022. 58th Annual Associated Schools of Construction International Conference, vol 3, pages 272-280.

Links:	https://easychair.org/publications/paper/NHJS
	https://doi.org/10.29007/dzw6

BibTeX entry

@inproceedings{ASC2022:Blockchain_Applications_through_Lens,
  author    = {Saeed Rokooei and Alireza Shojaei},
  title     = {Blockchain Applications through the Lens of  Project Managers},
  booktitle = {ASC2022. 58th Annual Associated Schools of Construction International Conference},
  editor    = {Tom Leathem and Wes Collins and Anthony Perrenoud},
  series    = {EPiC Series in Built Environment},
  volume    = {3},
  publisher = {EasyChair},
  bibsource = {EasyChair, https://easychair.org},
  issn      = {2632-881X},
  url       = {/publications/paper/NHJS},
  doi       = {10.29007/dzw6},
  pages     = {272-280},
  year      = {2022}}

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