The IIL Blog

OCTOBER 24, 2023

By Eugene Bounds and Steve Ackert Recently, the buzzword artificial intelligence (AI) has been on everyone’s minds, not just in the tech world but across many industries, including project management. The future of AI in project management will depend on how we implement, use, and govern it!

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The IIL Blog

DECEMBER 13, 2023

Integration of Advanced Technologies: In the realm of project management, 2024 heralds a deeper integration of emerging technologies like artificial intelligence (AI), machine learning (ML), and automation. She is an experienced leader and has been a partner in transformation in various industries.

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Epicflow Blog

AUGUST 5, 2021

Let’s consider what impact artificial intelligence will have on the existing jobs. . What Are the Types of Artificial Intelligence? AI, artificial intelligence, is the simulation of human intelligence by machines: they are programmed to perform human tasks, think like humans, and mimic other human actions.

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Rebel’s Guide to PM

OCTOBER 29, 2022

It’s certainly something I’ve used: ongoing iterations for development with significant customer involvement in the deliverables at all stages, but managed within a waterfall governance structure and life cycle. Blockchain Artificial intelligence Human/machine collaboration Mobile Remote access. Frankly, hybrid isn’t new.

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International Institute for Learning

MARCH 1, 2023

By Monica Lopez Since entering into public consciousness in November of last year, news continues unabated about generative artificial intelligence (AI) and ChatGPT in particular. en/library/proposal- regulation-laying-down-harmonised-rules-artificial-intelligence 3 Gonzalez vs. Google LLC Oral Argument.

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International Institute for Learning

APRIL 5, 2023

INTRODUCTION During the past several years, we have seen dramatic improvements in artificial intelligence (AI). Some of the risks facing project management organizations are presented in the sections that follow. AI legislation can be expected to impact how project teams might try to mitigate certain types of project risks.

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Inloox

APRIL 16, 2024

Assessment of threats It draws attention to potential external risks and threats that could negatively impact the project. This knowledge enables the project team to develop and implement risk management strategies to avoid potential obstacles or mitigate their impact. Instead, we need to exploit the findings and derive strategies.

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International Institute for Learning

FEBRUARY 15, 2023

By Dr. Elissa Farrow and Dr. Harold Kerzner Introduction Artificial Intelligence (AI) applications have become a major interest of the project management community of practice worldwide. How many organisations had a pandemic affecting operations on their 2019 risk registers? Dr. Harold Kerzner, Ph.D. Kerzner, Ph.D.,

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Kiron Bondale

DECEMBER 23, 2023

Based on the extensive media coverage, YouTube videos, TED Talks, and books published, many might agree that 2023 has been hailed as the year of artificial intelligence, at least in terms of mindshare if not market dominance. capabilities to identify all the possible risks which could impact our projects.

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The IIL Blog

FEBRUARY 28, 2024

With thematic focuses on artificial intelligence, sustainability, and cybersecurity, this online event promises to be a truly transformative experience for professionals across a broad spectrum of industries.

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Epicflow Blog

JANUARY 14, 2021

Apart from risks, project management is full of uncertainties that can’t be predicted. Modern PM tool developers are doing their best to implement new methods of data processing and investigate the capabilities of artificial intelligence in the field of project management. Project & Group Risk Buffer.

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Epicflow Blog

JANUARY 30, 2024

Diverse Applications of Artificial Intelligence The application of artificial intelligence (we also include here machine learning, automation, predictive analytics, and generative AI) is gaining momentum in the project management landscape, revolutionizing the ways projects are planned and managed.

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Leading Agile

FEBRUARY 29, 2024

Customers want features, like Machine Learning and AI, that it won’t support. You are at risk of a data breach. Once you start losing customers, are threatened with lawsuits, there’s a breach, or you are about to lose a vital compliance certification, the risk to your company becomes existential.

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Epicflow Blog

DECEMBER 9, 2019

Though government organizations are not facing a threat of rivalry, one of the biggest challenges is meeting citizens’ requirements and bringing better results with smaller expenses and amount of time. Microsoft’s Vision of Government’s Digital Transformation Journey . Authorizing Government Employees . Engaging People.

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Techno-PM

SEPTEMBER 26, 2022

As supply chain companies mature with budding scopes and complexity, supply chain risk management becomes inevitable in mitigating unexpected disruptions. What Is Supply Chain Risk Management? Supply chain risk management is a technique aimed at strategising, reassessing, and mitigating risks involved in the supply chain.

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Productivity Land

JUNE 7, 2023

Reduced Risk – With greater accuracy in decision-making comes reduced risk as businesses are able to anticipate potential issues before they arise and take proactive steps to avoid them. This can be done through a number of methods, including data mining, statistical analysis, and machine learning.

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Wrike

SEPTEMBER 2, 2023

IT Governance: Implement robust IT governance frameworks to align IT investments, projects, and resources with overall business objectives. Technologies like artificial intelligence (AI), machine learning, automation, and Internet of Things (IoT) are revolutionizing IT operations.

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Inloox

AUGUST 13, 2018

Organizations then have the ability to minimize risks, control costs and increase value. Data intelligence. Increased government regulations. These trends require adapting and learning to be able to not only react to change but to participate in and take advantage of it. Customer expectations of speed. Healthcare reforms.

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Wrike

JULY 23, 2023

Understanding and effectively addressing risks is crucial for any business or organization. In order to implement effective mitigation strategies that minimize potential harm and maximize preparedness, it’s important to redefine our understanding of risk and overcome the obstacles that hinder successful implementation.

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The Strategic Project Manager

FEBRUARY 9, 2024

Specialization and Expertise – Consider developing expertise in specific areas of IT such as cybersecurity, cloud computing, data analytics, enterprise architecture, or IT governance – not particularly project management. Develop technology roadmaps, assess new technologies, and provide guidance on IT strategy and governance.

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Binfire

NOVEMBER 15, 2023

The following are the benefits of biometric solutions: Prevent Financial Loss Banks are always at risk of financial scams; their heavier revenue rate attracts the attention of hackers. Insurance companies and investment agencies need to comply with the government’s rules. The scammers find it easy to hack their digital accounts.

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Epicflow Blog

JANUARY 12, 2022

The rise of public-private partnerships: governments and companies will collaborate to reduce space risks for humans and manage space traffic effectively. . Licensing deals instead of building and owning strategies by government agencies. [3]. Smart Factory and Digital Thread: A Step to Higher Production Efficiency.

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Teamweek

AUGUST 1, 2023

Some of the most important data analyst skills include data analysis, statistical programming languages, data management, data visualization, good communication skills, machine learning and even Excel skills. Predictive analytics — Using predictive data models to forecast trends and patterns for more accurate planning.

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Wrike

OCTOBER 6, 2023

By identifying and categorizing project risks, developing effective strategies for navigating uncertainty, and harnessing the power of leadership, project managers can mitigate risks and increase the likelihood of project success. Common types of risks in project management include technical risks (e.g.,

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Project Pulse Journal

MARCH 15, 2024

The selected methods must offer a systematic approach to reaching project alignment, enhancing productivity, and mitigating risks. This usually includes creating a project charter, risk register, issue log, Gantt charts, and more.

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The IIL Blog

OCTOBER 17, 2023

Artificial Intelligence (AI) A capability of machines that aim to mimic human cognitive functions, such as learning and/or problem-solving. Project Closure Report A document summarizing the project’s overall performance, outcomes, and lessons learned. Agile team A cross-functional group of individuals (e.g.,

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Epicflow Blog

MAY 25, 2021

You can create various types of resources, specify their price, hourly rate, measurement unit, risk factor, and other settings. . Epicflow uses machine learning and predictive analytics capabilities to ensure smooth project flow and detect real and potential constraints before they threaten your projects. .

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Epicflow Blog

DECEMBER 14, 2023

While the complexity of construction projects is increasing, digitalization provides construction companies with a number of benefits: high efficiency of processes, precise project planning and visualization, real-time cooperation, new market opportunities, reduced risks, more effective decision-making, optimized construction costs, etc. [5;

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Wrike

SEPTEMBER 3, 2023

By simulating different scenarios within the BPMN model, you can assess the potential outcomes and make data-driven decisions. This helps minimize risks and ensures that any changes made will have a positive impact on the process. BPMN also allows companies to analyze the impact of changes before implementing them.

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Wrike

OCTOBER 5, 2023

This not only enhances customer satisfaction but also reduces the risk of lost sales due to unavailability of products. This eliminates the need for excessive production runs, reducing the risk of excess inventory and associated carrying costs. Data inaccuracies can also pose a significant risk in MRP.

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Wrike

SEPTEMBER 2, 2023

Organizations that fail to innovate risk falling behind their competitors and losing their market share. Culture of Innovation A culture of innovation involves creating an environment where employees feel empowered to share ideas, take calculated risks, and challenge the status quo.

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Techno-PM

JUNE 18, 2023

Evaluate the influence of government policies on interest rates, taxation, and regulations affecting the financial industry. Evaluate economic trends and forecasts to anticipate market conditions and potential risks. Assess the potential financial risks associated with climate change, such as physical risks (e.g.,

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Wrike

MAY 20, 2023

It has brought about a paradigm shift in the way organizations operate, transforming traditional business models and practices. Modern technologies such as artificial intelligence, big data, cloud computing, and the Internet of Things (IoT) are all key components of digital transformation.

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The Strategic Project Manager

MARCH 8, 2023

Other Project Considerations – These include such important items as risks, potential issues, priorities, assumptions, and constraints. Stakeholders include company executives and managers, company staff, industry and regulatory people, government bodies, neighborhoods and localities, and physical and virtual communities.

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Project Pulse Journal

APRIL 26, 2024

Enhanced Decision Making Data-Driven Insights - With digital project management, leaders access data analytics that helps predict outcomes, assess risks, and make informed decisions quickly and accurately. A Digital PMO can offer support in technologies, resources, governance frameworks, and alignment with organizational goals.

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The Strategic Project Manager

OCTOBER 18, 2023

In business, government, and all forms of organizational life, there is also an ‘ecosystem’, although it is not so much defined in biological terms. Top AI data platform providers include the Databricks Lakehouse Platform , Vertex AI, MATLAB, Azure Machine Learning Studio, and SAS Visual Data Mining and Machine Learning.

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Wrike

SEPTEMBER 3, 2023

It involves gathering and analyzing large amounts of structured and unstructured data to identify patterns, trends, and correlations. By using data as the foundation for decision making, businesses can make more informed and objective choices, reducing the risk of errors and optimizing outcomes.

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