Published Paper Details:

Project Management exists way before it has come into existence officially.The making of Pyramids of Giza, Great Wall of China, and Coliseum are all some good examples of project management. The evolution to project management has started around the year 1950, when companies started working with project management tools. Later in the 1970s and 80s some software was developed and gave rise to technological advancement. In the 2000s when the Internet arrived the new project management 2.0 was born, it has increased collaboration between the team members directly by using the project management software. PM 2.0 = PM 1.0 + collaboration. The new age when there was an explosion of mobile phones that had been named the era of Project Management 3.0, the use of mobile devices had given increased efficiency in collaboration, mobility and so on. Project management 4.0 has been defined as the fourth industrial revolution i.e.Industry 4.0, which mainly focuses on the technological tools keeping in mind the fourth industrial revolution. The main focus areas for Project Management 4.0 is the management of time, cost, quality, project team, communication, project risk, procurement and risk.