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Artificial Intelligence and Project Management: The First Step

The IIL Blog

Risk Management. Effective risk management has to be proactive. AI enables predictions that are more accurate than traditional software solutions in determining risk responses, probabilities, and their impact. This is the first step towards AI by project managers. Active Assistance. Lohr, “ The A.I.

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AI Hype vs. Reality: Project Management Reimagined

The IIL Blog

.” – Bank of America Merrill Lynch report (2019) There are also projections about specific types of jobs: “Human nurses will soon become obsolete with the rise of AI nurses that will provide better, cheaper, and more comprehensive healthcare.” However, there are also perils associated with AI.

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Implications of Artificial Intelligence on Project Management

The IIL Blog

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. He received the PMI Fellow award in 2017. While some tools (e.g., Euguene earned an M.S. He is a retired U.S.

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What is A System for Value Delivery in Project Management

Project Pulse Journal

Functions Associated with Projects A system for value delivery encompasses a range of knowledge areas associated with the project lifecycle, including initiating, planning, executing, and closing (PMBOK, 2017). With the rise of better technology, generative AI, for example, organizational objectives are put into the spotlight.

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How to Navigate the Project Environment Even if You’re New to Project Management

Project Pulse Journal

Enhanced decision-making, risk mitigation, resource optimization, and stakeholder satisfaction that propel your projects to new heights of success and recognition. Regulatory requirements are not optional; alignment with them should always be a vital part of your risk management. The result?