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Introduction:

Now we are living in the age of modern and technological era. Technology and Project
Management are closely related.       Otherwise understanding and enhancing the value of
technologies is essential for supporting distributed project. On the other hand, project
management has been considered as an academic field for planning, organizing, controlling
to producing products with predictable cost , time and quality and in other applications of
engineering requirements. A conceptual relationship between project management and
technology can play a vital role in addressing many problems among the participating
companies. In the past few years, many researchers were interested in E-collaboration
between the teams in a company or among the relevant companies. Also, it is often the case
that the topics‟ within the purview has become quite broad to allow the various
interpretations what portray scholarly investigations. But collaborative projects are complex
and are difficult to handle ,therefore the effective management of the distributed processes
and knowledge is essential to enhancing the electronic collaboration and finally, it is critical
to enhancing the group productivity[1]. On the other hand “project management can be used
as a tool to maximize the success of projects and ultimately the success of construction
companies” [2]. Effective project management is key for the successful accomplishment of
complex projects[3, 4]. Furthermore project management has evolved to plan, coordinate and
control the complex and diverse activities of modern industrial, commercial and management
change and IT projects, also all projects share one common characteristic – the protection of
ideas and activities into new endeavors. Besides Project management has received wider
researcher interest in the last decade[5]. As this field is expanding fast, needs for an internal
discussion about project management research increases.

Now we will discuss more about the topic name “the relationship between technology and
project management” .

Dynamics of project management

Project management is becoming more focused on the implementation of organizational
strategy [13]. Project management is „„the application of knowledge, skills, tools, and
techniques to project activities to meet project requirements”[14]. It helps organizations [2]
develop new products by standardizing and reducing forgotten tasks [14]. Project
management, as defined by the bodies of knowledge, is focused mostly on a „„management-


                                                                                         Page | 1
as-planning” view of control and appears to be an appropriate approach for projects with
clear goals and methods [15]. According to Shenhar, project management has become very
useful and important to industrial organization, for instance, in building construction, defense
development and commercial product[16]. Project management defined as „„The manner of
implementation, of expertise, paraphernalia, knowledge and modus operandi to an extensive
range of activities for the fulfillment of prerequisite of the specific project” [17]. Cammarano
says, “evoke that project       management is fundamental for lucrative and incessant
enhancement of programs and obviously it is a stipulation not a lavishness” [18]. For several
centuries, collaboration in different projects has been important for better life [19]. Making
pyramids, detecting the new world , crowding the countries with federated troopers; the
history books are full of singular, complex undertakings limited in time and scope[20]. For
realize to filed project management, it is better at first, know about how it has changed again
time. Like another professional field, project management osculate several challenges as the
tools of, methods of, and approaches to management that contain the discipline are applied to
different areas, for different ends, in different cultures[21]. Some important theoretical work
about project management had been done before the Second World War [19]. In 1910,
Frederick W. Taylor‟s “disciple” Henry L. Gantt assembled a new chart, that is Gantt-chart,
and in 1931 the Polish scientist 1950´s, network analysis and planning techniques were in
central of improvement in project management like PERT and CPM [19].The extraction of
the project management is in managing US department of defense contracts being first
documented during the 1950s and 1960 [22]. During the 1960´s the Cost/Scheduling Control
System Criteria (C/SCSC) was interested by the defense and aerospace industries [23].
During the 1970´s there existed Proceedings of the 2010 International Conference on
Industrial Engineering and Operations Management Dhaka, Bangladesh, January 9 – 10,
2010 punctuation on breakdown structures and systems concepts [24]. During the 1980´s, the
need for structuring the project management knowledge of researchers and practitioners
became clear [20].

Technology

Technology Adaptation occurs when people learn how to use the technological tools
available to achieve their communication goals. It involves single-loop learning, in which
group members adjust their procedures according to changes in the environment. The more
flexible the technology, the more easy the team members will adapt to. In the past few
decades there has been a revolution in computing and communications, andall indications are

                                                                                        Page | 2
that technological progress and use of information technology will continueat a rapid pace.
Accompanying and supporting the dramatic increases in the power and useof new
information technologies has been the declining cost of communications as a result ofboth
technological improvements and increased competition. According to Moore's law
theprocessing power of microchips is doubling every 18 months. These advances present
manysignicant opportunities but also pose major challenges. Today, innovations in informatio
technology are having wide-ranging eects across numerous domains of society, and
policymakers are acting on issues involving economic productivity, intellectual property
rights, privacy protection, and a or ability of and access to information. Choices made now
will have long-lasting consequences, and attention must be paid to their social and economic
impacts. One of the most sign cant outcomes of the progress of information technology is
probably electronic commerce over the Internet, a new way of conducting business. Though
only a few years old, it may radically alter economic activities and the social environment.
Already, it a acts such large sectors as communications, nance and retail trade and might
expand to areas such as education and health services. It implies the seamless application of
information and communication technology along the entire value chain of a business that is
conducted electronically. The following sections will focus on the impacts of information
technology and electronic commerce on business models, commerce, market structure,
workplace, labour market, educa-tion, private life and society as a whole. Business Models,
Commerce and Market Structure One important way in which information technology is a
ecting work is by reducing the im-portance of distance. In many industries, geographic
distribution of work is changing significantly. so that critical projects can be worked on
nearly around the clock. Firms can outsource their manufacturing to other nations and rely on
telecommunications to keep marketing, R&D, and distribution teams in close contact with the
manufacturing groups. Thus the technology can enable a ner division of labour among
countries, which in turn aects the relative demand for various skills in each nation. The
technology enables various types of work and employment to be decoupled from one another.
Firms have greater freedom to locate their economic activ-ities, creating greater competition
among regions in infrastructure, labour, capital, and other resource markets. It also opens the
door for regulatory arbitrage : rms can increasingly choose which tax authority and other
regulations apply. Computers and communication technologies also promote more market-
like forms of produc-tion and distribution. An infrastructure of computing and
communication technology, providing 24-hour access at low cost to almost any kind of price
and product information desired by buy-ers, will reduce the informational barriers to e cient
                                                                                       Page | 3
market   operation.    This   infrastructure   might    also   provide   the   means     for   e
ecting real-time transactions and make intermediaries such as sales clerks, stock brokers and
travel agents, whose function is to provide an essential infor-mation link between buyers and
sellers, redundant. Removal of intermediaries would reduce the costs in the production and
distribution value chain. The information technologies have facilitated the evolution of
enhanced mail order retailing, in which goods can be ordered quickly by using telephones or
computer networks and then dispatched by suppliers through integrated transport companies
that rely extensively on computers and communication technologies to control their
operations. Nonphysical goods, such as software, can be shipped electronically, eliminating
the entire transport channel. Payments can be done in new ways. The result is dis-
intermediation throughout the distribution channel, with cost reduction, lower end-consumer
prices, and higher pro t margins. The impact of information technology on the rms' cost
structure can be best illustrated on the electronic commerce example. The key areas of cost
reduction when carrying out a sale via electronic commerce rather than in a traditional store
involve physical establishment, order placement and execution, customer support, sta ng,
inventory carrying, and distribution. Al-though setting up and maintaining an e-commerce
web site might be expensive, it is certainly less expensive to maintain such a storefront than a
physical one because it is always open, can be accessed by millions around the globe, and has
few variable costs, so that it can scale up to meet the demand. By maintaining one 'store'
instead of several, duplicate inventory costs are eliminated. In addition, e-commerce is very e
ective at reducing the costs of attracting new customers, because advertising is typically
cheaper than for other media and more targeted. Moreover, the electronic interface allows e-
commerce merchants to check that an order is inter-nally consistent and that the order,
receipt, and invoice match. Through e-commerce, rms are able to move much of their
customer support on line so that customers can access databases or manuals directly. This
signi cantly cuts costs while generally improving the quality of service. E-commerce shops
require far fewer, but high-skilled, employees. E-commerce also permits savings in inventory
carrying costs. The faster the input can be ordered and delivered, the less the need for a large
inventory. The impact on costs associated with decreased inventories is most pronounced in
industries where the product has a limited shelf life (e.g. bananas), is subject to fast
technological obsolescence or price declines (e.g. computers




                                                                                        Page | 4
Conclusion

The fields of technology and project management have a promising future, in terms of both
academic research and commercial software development. As an area of academic research,
technology has flourished since 1980s and particularly in 1990s. As an area of commercial
software development, technology is likely to benefit from a critical assessment of how it can
be applied to the benefit of individuals, organizations and society. The ongoing computing
and communications revolution has numerous economic and social impacts on modern
society and requires serious social science investigation in order to manage its risks and
dangers. Such work would be valuable for both social policy and technology design.
Decisions have to be taken carefully. Many choices being made now will be costly or
difficult to modify in the future. Finally, after observing the above things we can say that,
technology is playing a vital role on project management. Because project management can‟t
move without technology for maximum time. So it is said that project management is closely
related to the technology.




                                                                                      Page | 5
References

Electronic Commerce Research and Applications, 2005. 4(2): p. 85-99.

Isik, Z., et al., Impact of corporate strengths/weaknesses on project management
competencies.

International Journal of Project Management, 2009. 27(6): p. 629-637.

DG, H., Successful utility project management from lessons learned. Project Manage J 1990.
21(30): p.

19–23.

Söderlund, J., Building theories of project management: past research, questions for the
future.

International Journal of Project Management, 2004. 22(3): p. 183-191.

Sproull.L, K.S., Computers, networks and work. Scientific American, 1991. 265(3), 84-91.

Proceedings of the 2010 International Conference on Industrial Engineering and Operations
Management

Dhaka, Bangladesh, January 9 – 10, 2010

Kwak, Y.H. and F.T. Anbari, Analyzing project management research: Perspectives from top

management journals. International Journal of Project Management, 2009. 27(5): p. 435-446.

Mahaney, R.C. and A.L. Lederer, The role of monitoring and shirking in information systems
project   management. International Journal of Project Management. In Press, Corrected
Proof.

Shenhar, A.J. and D. Dvir, Toward a typological theory of project management. Research
Policy, 1996.

25(4): p. 607-632.

.   Qureshi, T.M., A.S. Warraich, and S.T. Hijazi, Significance of project management
performance


                                                                                   Page | 6

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Introduction

  • 1. Introduction: Now we are living in the age of modern and technological era. Technology and Project Management are closely related. Otherwise understanding and enhancing the value of technologies is essential for supporting distributed project. On the other hand, project management has been considered as an academic field for planning, organizing, controlling to producing products with predictable cost , time and quality and in other applications of engineering requirements. A conceptual relationship between project management and technology can play a vital role in addressing many problems among the participating companies. In the past few years, many researchers were interested in E-collaboration between the teams in a company or among the relevant companies. Also, it is often the case that the topics‟ within the purview has become quite broad to allow the various interpretations what portray scholarly investigations. But collaborative projects are complex and are difficult to handle ,therefore the effective management of the distributed processes and knowledge is essential to enhancing the electronic collaboration and finally, it is critical to enhancing the group productivity[1]. On the other hand “project management can be used as a tool to maximize the success of projects and ultimately the success of construction companies” [2]. Effective project management is key for the successful accomplishment of complex projects[3, 4]. Furthermore project management has evolved to plan, coordinate and control the complex and diverse activities of modern industrial, commercial and management change and IT projects, also all projects share one common characteristic – the protection of ideas and activities into new endeavors. Besides Project management has received wider researcher interest in the last decade[5]. As this field is expanding fast, needs for an internal discussion about project management research increases. Now we will discuss more about the topic name “the relationship between technology and project management” . Dynamics of project management Project management is becoming more focused on the implementation of organizational strategy [13]. Project management is „„the application of knowledge, skills, tools, and techniques to project activities to meet project requirements”[14]. It helps organizations [2] develop new products by standardizing and reducing forgotten tasks [14]. Project management, as defined by the bodies of knowledge, is focused mostly on a „„management- Page | 1
  • 2. as-planning” view of control and appears to be an appropriate approach for projects with clear goals and methods [15]. According to Shenhar, project management has become very useful and important to industrial organization, for instance, in building construction, defense development and commercial product[16]. Project management defined as „„The manner of implementation, of expertise, paraphernalia, knowledge and modus operandi to an extensive range of activities for the fulfillment of prerequisite of the specific project” [17]. Cammarano says, “evoke that project management is fundamental for lucrative and incessant enhancement of programs and obviously it is a stipulation not a lavishness” [18]. For several centuries, collaboration in different projects has been important for better life [19]. Making pyramids, detecting the new world , crowding the countries with federated troopers; the history books are full of singular, complex undertakings limited in time and scope[20]. For realize to filed project management, it is better at first, know about how it has changed again time. Like another professional field, project management osculate several challenges as the tools of, methods of, and approaches to management that contain the discipline are applied to different areas, for different ends, in different cultures[21]. Some important theoretical work about project management had been done before the Second World War [19]. In 1910, Frederick W. Taylor‟s “disciple” Henry L. Gantt assembled a new chart, that is Gantt-chart, and in 1931 the Polish scientist 1950´s, network analysis and planning techniques were in central of improvement in project management like PERT and CPM [19].The extraction of the project management is in managing US department of defense contracts being first documented during the 1950s and 1960 [22]. During the 1960´s the Cost/Scheduling Control System Criteria (C/SCSC) was interested by the defense and aerospace industries [23]. During the 1970´s there existed Proceedings of the 2010 International Conference on Industrial Engineering and Operations Management Dhaka, Bangladesh, January 9 – 10, 2010 punctuation on breakdown structures and systems concepts [24]. During the 1980´s, the need for structuring the project management knowledge of researchers and practitioners became clear [20]. Technology Technology Adaptation occurs when people learn how to use the technological tools available to achieve their communication goals. It involves single-loop learning, in which group members adjust their procedures according to changes in the environment. The more flexible the technology, the more easy the team members will adapt to. In the past few decades there has been a revolution in computing and communications, andall indications are Page | 2
  • 3. that technological progress and use of information technology will continueat a rapid pace. Accompanying and supporting the dramatic increases in the power and useof new information technologies has been the declining cost of communications as a result ofboth technological improvements and increased competition. According to Moore's law theprocessing power of microchips is doubling every 18 months. These advances present manysignicant opportunities but also pose major challenges. Today, innovations in informatio technology are having wide-ranging eects across numerous domains of society, and policymakers are acting on issues involving economic productivity, intellectual property rights, privacy protection, and a or ability of and access to information. Choices made now will have long-lasting consequences, and attention must be paid to their social and economic impacts. One of the most sign cant outcomes of the progress of information technology is probably electronic commerce over the Internet, a new way of conducting business. Though only a few years old, it may radically alter economic activities and the social environment. Already, it a acts such large sectors as communications, nance and retail trade and might expand to areas such as education and health services. It implies the seamless application of information and communication technology along the entire value chain of a business that is conducted electronically. The following sections will focus on the impacts of information technology and electronic commerce on business models, commerce, market structure, workplace, labour market, educa-tion, private life and society as a whole. Business Models, Commerce and Market Structure One important way in which information technology is a ecting work is by reducing the im-portance of distance. In many industries, geographic distribution of work is changing significantly. so that critical projects can be worked on nearly around the clock. Firms can outsource their manufacturing to other nations and rely on telecommunications to keep marketing, R&D, and distribution teams in close contact with the manufacturing groups. Thus the technology can enable a ner division of labour among countries, which in turn aects the relative demand for various skills in each nation. The technology enables various types of work and employment to be decoupled from one another. Firms have greater freedom to locate their economic activ-ities, creating greater competition among regions in infrastructure, labour, capital, and other resource markets. It also opens the door for regulatory arbitrage : rms can increasingly choose which tax authority and other regulations apply. Computers and communication technologies also promote more market- like forms of produc-tion and distribution. An infrastructure of computing and communication technology, providing 24-hour access at low cost to almost any kind of price and product information desired by buy-ers, will reduce the informational barriers to e cient Page | 3
  • 4. market operation. This infrastructure might also provide the means for e ecting real-time transactions and make intermediaries such as sales clerks, stock brokers and travel agents, whose function is to provide an essential infor-mation link between buyers and sellers, redundant. Removal of intermediaries would reduce the costs in the production and distribution value chain. The information technologies have facilitated the evolution of enhanced mail order retailing, in which goods can be ordered quickly by using telephones or computer networks and then dispatched by suppliers through integrated transport companies that rely extensively on computers and communication technologies to control their operations. Nonphysical goods, such as software, can be shipped electronically, eliminating the entire transport channel. Payments can be done in new ways. The result is dis- intermediation throughout the distribution channel, with cost reduction, lower end-consumer prices, and higher pro t margins. The impact of information technology on the rms' cost structure can be best illustrated on the electronic commerce example. The key areas of cost reduction when carrying out a sale via electronic commerce rather than in a traditional store involve physical establishment, order placement and execution, customer support, sta ng, inventory carrying, and distribution. Al-though setting up and maintaining an e-commerce web site might be expensive, it is certainly less expensive to maintain such a storefront than a physical one because it is always open, can be accessed by millions around the globe, and has few variable costs, so that it can scale up to meet the demand. By maintaining one 'store' instead of several, duplicate inventory costs are eliminated. In addition, e-commerce is very e ective at reducing the costs of attracting new customers, because advertising is typically cheaper than for other media and more targeted. Moreover, the electronic interface allows e- commerce merchants to check that an order is inter-nally consistent and that the order, receipt, and invoice match. Through e-commerce, rms are able to move much of their customer support on line so that customers can access databases or manuals directly. This signi cantly cuts costs while generally improving the quality of service. E-commerce shops require far fewer, but high-skilled, employees. E-commerce also permits savings in inventory carrying costs. The faster the input can be ordered and delivered, the less the need for a large inventory. The impact on costs associated with decreased inventories is most pronounced in industries where the product has a limited shelf life (e.g. bananas), is subject to fast technological obsolescence or price declines (e.g. computers Page | 4
  • 5. Conclusion The fields of technology and project management have a promising future, in terms of both academic research and commercial software development. As an area of academic research, technology has flourished since 1980s and particularly in 1990s. As an area of commercial software development, technology is likely to benefit from a critical assessment of how it can be applied to the benefit of individuals, organizations and society. The ongoing computing and communications revolution has numerous economic and social impacts on modern society and requires serious social science investigation in order to manage its risks and dangers. Such work would be valuable for both social policy and technology design. Decisions have to be taken carefully. Many choices being made now will be costly or difficult to modify in the future. Finally, after observing the above things we can say that, technology is playing a vital role on project management. Because project management can‟t move without technology for maximum time. So it is said that project management is closely related to the technology. Page | 5
  • 6. References Electronic Commerce Research and Applications, 2005. 4(2): p. 85-99. Isik, Z., et al., Impact of corporate strengths/weaknesses on project management competencies. International Journal of Project Management, 2009. 27(6): p. 629-637. DG, H., Successful utility project management from lessons learned. Project Manage J 1990. 21(30): p. 19–23. Söderlund, J., Building theories of project management: past research, questions for the future. International Journal of Project Management, 2004. 22(3): p. 183-191. Sproull.L, K.S., Computers, networks and work. Scientific American, 1991. 265(3), 84-91. Proceedings of the 2010 International Conference on Industrial Engineering and Operations Management Dhaka, Bangladesh, January 9 – 10, 2010 Kwak, Y.H. and F.T. Anbari, Analyzing project management research: Perspectives from top management journals. International Journal of Project Management, 2009. 27(5): p. 435-446. Mahaney, R.C. and A.L. Lederer, The role of monitoring and shirking in information systems project management. International Journal of Project Management. In Press, Corrected Proof. Shenhar, A.J. and D. Dvir, Toward a typological theory of project management. Research Policy, 1996. 25(4): p. 607-632. . Qureshi, T.M., A.S. Warraich, and S.T. Hijazi, Significance of project management performance Page | 6