Impact of Big Data in Project Management
Big Data is the buzzword used across a variety of industries, from the public sector to financial services, from oil & gas to education. The seemingly endless amount of data that can be analysed to allow management to make key strategic decisions has made Big Data a priority across all industries.
The concept of analysing vast amounts data that will enable management to make decisions that will drive strategy and growth has inspired many organisations to take part in ‘Big Data’. Having access to such a wide array of information and data can empower management to take the action with the highest probability of success based on historical information. However, having access to ‘Big Data’ also has many disadvantages that will be investigated in this article.