Project Management and AI: How the Future Will Look Like
By Iricon Group - Dr James Wanjagi
As we step into 2025, the landscape of project management is undergoing a transformative shift, driven by the rapid advancements in artificial intelligence (AI). The integration of AI into project management processes is not just a trend but a necessity for organizations aiming to stay competitive and efficient in a fast-evolving business environment.
AI technologies are revolutionizing the way projects are planned, executed, and monitored.
And Project Managers should be aware of the key ways AI is reshaping project management. Today we discuss one way that AI is reshaping project management.
Enhanced Decision-Making
AI algorithms analyze vast amounts of data to provide insights that help project managers make informed decisions. Predictive analytics can forecast project outcomes, identify potential risks, and suggest mitigation strategies, leading to more successful project completions.
A practical example of AI algorithms in project management can be seen in the construction industry, where large-scale projects often face significant risks and uncertainties.
Here's how AI and predictive analytics can be applied in Project Management.
Example: Construction Project Management
Scenario: A construction company is managing the development of a new commercial building. The project involves multiple stakeholders, a tight schedule, and a substantial budget.
Watch the video below:
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The next article will discus another key way AI is shaping Project Management :
Automated Processes: Routine tasks such as scheduling, resource allocation, and progress tracking are increasingly being automated sunning AI. This automation frees up project managers to focus on strategic planning and stakeholder engagement, enhancing overall productivity.
The Pragmatic Agile Coach | I coach Individuals and Enterprises succeed in MM$ Programs & Projects | Transforming Practices & Behaviour | 1:1 Consults and Cohorts
1moIt's fascinating how automation and real-time insights are enhancing efficiency and decision-making. James Wanjagi (PhD)
Project Support and Operational Excellence | Service Delivery and Customer Satisfaction Analyst | Strategic Partnership and Relationship Management
2moVery informative
|PMP| Debt Collections and Recovery |Credit Risk Management| Relationship Management| Customer Service | M&E|
2moVery informative
Great advice