Quantum Computing in Project Management: Transforming Risk Assessment and Decision-Making

Quantum computing has emerged as a transformative technology with the potential to significantly impact the field of project management, particularly in the areas of risk assessment and decision-making. Unlike classical computing, which processes information in binary formats, quantum computing leverages the principles of superposition and entanglement that allow simultaneous processing of multiple states. This unique capability enables more accurate predictive analytics, providing project managers with the tools to evaluate complex scenarios with unprecedented precision. This paper presents a comprehensive literature review of quantum computing ap- plications within project management, examining how these advancements can optimize resource allocation, enhance decision-making frameworks, and lead to more effective project outcomes. The findings suggest that integrating the concept of quantum computing into project management methodologies could fundamentally reshape traditional approaches, offering new pathways for managing uncertainty and improving project success rates. Future research directions and practical implications for project managers are also discussed.