Remove Artificial Inteligence Remove Events Remove Innovation Remove Project Cost
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. Reducing uncertainty may be achievable but not a complete elimination of uncertain events. Journal of Artificial Intelligence Research, 62 , 729-754.

article thumbnail

Understanding PSA Projects: Strategies and Best Practices

Wrike

Financial Management: PSA projects involve financial considerations, such as budgeting, cost tracking, and revenue recognition. Effective financial management means that projects are delivered within the allocated budget and that revenue is recognized accurately.

Insiders

Sign Up for our Newsletter

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

article thumbnail

125 Project Management Buzzwords

The IIL Blog

Product Owner, Scrum Master, Development team members) who work collaboratively to deliver value in an Agile project. Artificial Intelligence (AI) A capability of machines that aim to mimic human cognitive functions, such as learning and/or problem-solving. Agile team A cross-functional group of individuals (e.g.,

article thumbnail

Managing Risks and Controlling Projects: How Data-Driven Project Management Come in Useful for Multi-Project Environments

Epicflow Blog

Risk Analysis: Essential Components A risk is an event or circumstance with either a positive or negative effect on a project. To understand the impact of a risk-bearing event, a project manager should carry out a proper risk analysis to mitigate potential threats and avoid roadblocks to successful delivery.

article thumbnail

Software Estimating Resources

Herding Cats

Cost Modeling Agile Software Development,” Maarit Laanti and Petri Kettunen, International Transactions on Systems and Applications, Volume 1 Number 2, pp. Markovian Stochastic Event Graphs,” Pierre H. Cubaud, Proceedings of the Sixth International Workshop on Petri Nets and Performance Models, 1995. 5, October 2013.