ABSTRACT
This chapter establishes the relationship between Project Management (PM) and big data analytics. Project Management Institute's methodology, famously known as Project Management Body of Knowledge (PMBOK), is based on a generic project life cycle approach, which can be applied to any industry, project size, and complexity in public and private sectors. PMBOK is a very comprehensive PM standard and a framework, and it has inspired other PM methodologies, such as Projects in controlled environment 2, Agile, and ISO 21500:2012. The project board comprises three main roles: executive, senior user, and senior supplier. The executive owns the business case throughout the project and is responsible for overall business assurance of the project. The success rate of information technology projects is abysmally low and the project failure rate in bigger organizations is even higher; therefore, big size organizations who are prime beneficiaries of big data projects would also be facing similar low success rates for such projects.
