Blue Star Partners’ Post

If in project management can be useful, then for public sector as well. As a „first-level association“, AI can help state facilities in management of proces-development and final services conduction What do you think? #ai #öffentlichkeit #publicsector

Interesting article on the implications of AI in project management. According to research conducted by Standish Group $48 trillion is invested annually on projects, however, only 35% of said projects are considered to be a success by stakeholders. AI has the potential to close this gap by removing administrative and tactical tasks from the PM's plate so that they can focus on facilitating workflows and more strategic activity. Leaders can prepare their organizations for the emergence of these technologies by establishing frameworks to ensure proper management of project documentation and investing in equipping project managers with the knowledge and tools to coach their project teams through the AI transformation. #AI #ProjectManagement #Operations

What would be the impact of AI to the project management space? This article has listed 6 aspects of project management that will be disrupted. What echos me most is how AI will free project managers for high-value work, such as automate and adjust the project reports with real-time data, better monitoring of project progress, as well as virtual project assistants powered by natural language processing technology. Some more thoughts after reading this article: 1. Context of business goals and strategy is important. The way of project management against an exploratory type of proof of concept project and a legacy system modernisation project is quite different. To expect AI to draft the project plan, anticipate potential problems and to address some of them require a comprehensive understanding of the context and expected goal. 2. The status and reports generated by AI such as project charters, key performance indicators, progress need to be verified by project managers, to understand whether those reports reflect the real situation. As the data ingested by the AI could be out-dated or inaccurate which may cause illusion of the result. 3. This article has mentioned the project manager of the future will focus on cultivate strong soft skills, leadership capabilities, strategic thinking and business acumen. In regard of Agile project management, with the empowerment of AI technology, the challenges IMHO are still the scope management, requirement management, how to foresee the risks of the delivery and define preventive measures to steer the project to the success. It is interesting to see how AI would help in these areas in the future. #ProjectManagement #AI #Agile https://lnkd.in/gJfqqXG8

Can you invest several resources over a few months to collect, clean and structure your project data? If you are seriously considering applying AI to your projects and project management practices, check out 6 aspects of project management that will be disrupted Source:  Harvard Business Review, HBR - How AI Will Transform Project Management by Antonio Nieto-Rodriguez and Ricardo Viana Vargas, Ph.D. #aiadoption #ai #projectcontrol #projectmanager #projectmanagement

Just like me, have you ever found yourself grappling with project analysis and management, especially when dealing with incredibly complex projects? These intricate tasks can certainly present a formidable challenge, making us wish for easier and more practical ways to efficiently handle project selection, monitor progress, streamline reporting, expedite planning, and ensure the smooth implementation of testing systems. Fortunately, Artificial Intelligence (AI) offers promising solutions to these struggles, revolutionizing our approach to handling project management complexities. Embracing AI technology can help us tackle these issues head-on, shifting our roles from administrative tasks to strategic project leadership and effectively managing both human and AI teams. Interesting read by HBR. #ArtificialIntelligence #ProjectManagement #AIinManagement #TechInnovation #FutureOfWork #AIAdvancements #StrategicLeadership #EfficiencyInManagement #AIRevolution

This is a fascinating article on the opportunities to exploit with AI in the art and science of project management. Out of the $48 trillion invested in projects annually around the world, a 2015 study found that only about 35% of these were considered successful. AI is poised to be a tool that revolutionizes this success rate, equalling trillions of dollars put to better use each year. Just one example: think of the mountains of historical project data that a large corporation or firm generally has. How much of that is really put to its most effective use in the present? AI will bring this data to bear upon projects in far, far more effective ways. If you're like me, you might be worried-- will AI put PMs out of business? After reading this and speaking to other colleagues in the field, I think we can envision a transfiguration and development of the role, but it's not going anywhere. #projectmanagement #PMI #HBR #PMP #AIinPM

"Every year, approximately $48 trillion are invested in projects. Yet according to the Standish Group, only 35% of projects are considered successful." A very interesting read on how AI can help the success ratio of projects by offering project managers a "helping hand" that can assist them in prioritization by the value a project brings in as well as better monitoring of project progress. While it may be an intimidating change, this is the opportunity that project managers need to take advantage of and automate their various administrative tasks to focus on exceptional delivery and alignment of strategic goals. #projectmanagement #AI #digitaltransformation https://lnkd.in/dz7fSasB

Here is another article that I found on how the implication of AI can help Project Managers. This article talks about the widespread adoption of AI in project management, which has the potential to significantly enhance project success rates and deliver substantial value to organizations. But with the use of AI, this calls for preparation and adaptation to ensure that AI can benefit Project Managers. Darin W. White https://lnkd.in/eT5GJjHR

Project management practices will evolve with the age of AI as more artificial intelligence and machine learning applications are implemented in industries. As discussed in the article, project management will evolve in discipline as AI can be used to complete administrative and manual tasks, such as data entry. This allows project managers to focus more on strategy and stakeholder management as teams work to produce deliverables. With increased access to analytics, project insights, and testing, projects can stay on track at a higher rate.   As the AI wave continues to sweep across industries and disciplines, it is important to stay up-to-date with the latest and greatest technologies to be in a position to take advantage of features and stay ahead of the curve. #projectmanagement #ai #aiapplications #aiadoption https://lnkd.in/e9ZPtvFB

Revisiting this article about AI's usage in Project Management, as it's been a bit over a year since it was published in Harvard Business Review. This article highlights some key points: - Only 35% of projects are considered successful, which is eye-opening when we consider around $48 trillion are invested in projects. - By 2030, it is estimated that 80% of project management tasks will be automated with AI. The key areas of disruption that this article predicted: - Better selection of projects based on predictive success patterns. - Support for Project Management Offices (PMO) through enhanced project reporting capabilities. - Greater abilities to define projects, capture risks, and generate planning - Virtual assistant capabilities through data summarization - Assistance in advanced testing of systems and software - Redefining the Project Manager role. I ask: In the past year, have you seen a shift in your workflow or an increase in productivity in your organization through AI? Do you feel these predicted changes are too ambitious, or perhaps, are we underestimating the velocity of impact AI will have? Would love to hear your thoughts! #ProjectManagement #AI #ML #ProjectSuccess