IMPLEMENTING BLOCKCHAIN TECHNOLOGY FOR PROJECT BUFFER MONITORING AND PROGRESS SHARING IN CRITICAL CHAIN PROJECT MANAGEMENT

Abstract

Construction and engineering projects often face delays and inefficiencies, which can be attributed to various factors. CCPM, a resource-focused project management technique, utilizes buffers strategically to mitigate delays. By leveraging blockchain's shared and secure ledger capabilities, this study proposes a framework for effectively measuring, monitoring, and controlling CCPM projects. The integration of blockchain technology aims to provide a more efficient approach to meeting project milestones and supporting project plan success. This paper explores the implementation of blockchain technology to enhance project buffer monitoring and progress sharing in Critical Chain Project Management (CCPM).