article thumbnail

Artificial Intelligence in Portfolio Management: Shaping the Future of Strategy

The IIL Blog

Portfolio management extends beyond the realms of definition and delivery; it now encompasses the potential of Artificial Intelligence (AI) to refine prioritisation, long-term forecasting, and strategic management. Senior Consultant and Facilitator, International Institute of Learning Dr. Dr. Elissa Farrow, Ph.D.

article thumbnail

The Basics: Artificial Intelligence for Strategic PM’s

The Strategic Project Manager

This post makes an initial attempt to describe what Artificial Intelligence is, where it might apply in the world, and the impacts to organizational strategy and project management. It follows up this initial attempt with actual Artifical Intelligence responses from ChatGPT. So let’s go right to the source!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Effective Use of Artificial Intelligence Tools: 5 Strategies for Effective Implementation (Part 2)

MPUG

In Part 1 of Effective Use of Artificial Intelligence Tools , we explained AI and its uses for predictive analysis in Project Management. Intelligent Scheduling The need to develop a competent schedule is not new. User Training and Adoption 2. There’s More! Second, foster a culture that values data quality.

article thumbnail

Artificial Intelligence and Project Management: The First Step

The IIL Blog

In November 2022, when ChatGPT was made available to the public, it put Artificial Intelligence (AI) into the spotlight for all people – not just ‘techies’ and those who have followed AI for a long time. Indeed, Artificial Intelligence is not really new. The groundwork for AI started in the 1900s [1]. Action Taker.

article thumbnail

Impact of AI: 10 Key Industries Experiencing Dynamic Shifts

Binfire

Artificial Intelligence (AI) has been the most discussed in the technological world since its arrival. There is a surge in demand for AI technology as it is advantageous to key industries in streamlining their operations. That’s enough to show the growth and demand for Artificial intelligence worldwide.

article thumbnail

The Impact That Artificial Intelligence Might Have on Project Management Practices

The IIL Blog

Today, with the growth in artificial intelligence (AI), the position of the PO for legal may return but may be called the PO for Ethical AI. is Senior Executive Director at the International Institute for Learning, Inc., a global learning solutions company that conducts training for leading corporations throughout the world.

article thumbnail

Project Management Challenges with Artificial Intelligence

International Institute for Learning

In the past five years, there have been numerous articles discussing how Artificial Intelligence (AI), can and will benefit the field of project management. Applications of AI already exist in today’s businesses and industries. Harold Kerzner. Introduction. Marr, 2020, and Dalcher, 2022). Educating Project Managers.