Skip to content
cognixia-logo-white-text
  • Contact
  • Profile
  • Approach
  • Companies

    Cognixia Approach Uncover skill gaps in your human capital, acquire agile training solutions, and plot your roadmap to a future-proofed workforce. Get Started Workforce Transformation Enterprise digital empowerment starts with a digitally-enabled workforce. Discover how Cognixia can deliver the right mix of skills to your talent. Transform Now Hire Skilled Talent Transform your talent acquisition…


    Know More
    Quick Link
    CompaniesCompanies
    Companies
    • Workforce Transformation

      Upskill your existing workforce with our digital training solutions Hire digitally native talent to solve your? digital needs Rewire by Cognixia Full team of industry veterans as trainers Customized training solutions to suit the needs of companies 24/7 support for learners anywhere in the world Course completion certification A globally-recognized certificate after course completion. Hands-on…


      Know More
      Quick Link
      Workforce TransformationWorkforce Transformation
      Workforce Transformation
    • Hire Skilled Talent

      Hire digitally native talent to solve your digital needs Skills Attitude Assessments Mindset Assessments Location Based To know more about JUMP Contact Us


      Know More
      Quick Link
      Hire Skilled TalentHire Skilled Talent
      Hire Skilled Talent
  • Individuals

    Upgrade Your Digital Skills Specialize your talents, learn new skills and stay indispensable to your organization with Cognixia’s upskilling programs. Learn More   ❱ Get Hired Fast-track your path to career growth with thousands of fresh opportunities and find the job you’ve always dreamed of. Learn More   ❱


    Know More
    Quick Link
    IndividualsIndividuals
    Individuals
    • Upgrade Your Digital Skills

      Enhance your digital skillset with our robust course offering Direct mentorship with experienced instructors Classroom, virtual, self-paced and hybrid learning modes Lifetime access to all training materials To know more on what course you should pick Contact Us


      Know More
      Quick Link
      Upgrade Your Digital SkillsUpgrade Your Digital Skills
      Upgrade Your Digital Skills
    • Get Hired

      Apply today to launch your digital career Apply Get Trained Location Based To know more about JUMP Contact Us


      Know More
      Quick Link
      Get HiredGet Hired
      Get Hired
  • Courses

    Dive into the latest technology frameworks and business paradigms to build a future-proofed career


    Know More
    Quick Link
    CoursesCourses
    Courses
    • Industry

      • Global Aviation
      • Global Automobile
      • Global BFSI
      • Global E-commerce
      • Global Food-tech
      • Global Healthcare
      • Global Media and Entertainment
      • Global Oil and Gas
      • Global Pharmaceutical
      • Global Telecommunication

      Know More
      Quick Link
      IndustryIndustry
      Industry
    • Application Development

      • Python v3.7
      • Self-Paced Python Developer Training
      • Self-Paced Java Programming Training

      Know More
      Quick Link
      Python v3.7Python v3.7
      Application Development
    • Big Data and Analytics

      • CouchDB
      • Self-Paced Analytics with R
      • Self-Paced Big Data Hadoop Administrator Training
      • Self-Paced Big Data Hadoop Developer Training

      Know More
      Quick Link
      Cassandra DeveloperCassandra Developer
      Big Data and Analytics
    • Business Intelligence

      • QlikView
      • Microstrategy

      Know More
      Quick Link
      MicrostrategyMicrostrategy
      Business Intelligence
    • Cloud and DevOps

      • Cloud Development Professional Training
      • Advanced Ansible Training
      • DevOps Training
      • Advanced DevOps Training
      • GCP- Google Cloud Platform
      • DevOps Plus Training
      • Cloud Computing with AWS Training

      Know More
      Quick Link
      DevOps Plus TrainingDevOps Plus Training
      Cloud and DevOps
    • Cyber Security

      • Cyber Crime and Cyber Security Training
      • Self-Paced Linux Administration Training

      Know More
      Quick Link
      Cyber Crime and Cyber Security TrainingCyber Crime and Cyber Security Training
      Cyber Security
    • Development

      • Docker and Kubernetes Bootcamp
      • FULL Stack (MEAN) Developer Training
      • Google Certified Android App Development Training
      • Blockchain Training
      • Apache Spark & Scala Training
      • Big Data Hadoop Administrator Training
      • Big Data Hadoop Developer Training

      Know More
      Quick Link
      Docker and Kubernetes TrainingDocker and Kubernetes Training
      Development
    • Internet of Things

      • Internet of Things Security Expert Training
      • IoT Analytics Training
      • Internet of Things (IoT) with Amazon Web Services (AWS)
      • IoT Security Training
      • Self-Paced Internet of Things
      • Azure IoT

      Know More
      Quick Link
      Internet of Things (IoT) TrainingInternet of Things (IoT) Training
      Internet of Things
    • ITIL® and IT Service Management

      • ITIL® 4 Awareness
      • ITIL® Service Operations
      • ITIL® Foundation (v3, 2011)
      • ITIL® 4 Foundation
      • ITIL® Service Design

      Know More
      Quick Link
      ITIL® 4 FoundationITIL® 4 Foundation
      ITIL® and IT Service Management
    • Java/J2EE

      • Web Services
      • Spring Cloud
      • Node.js
      • Angular.JS
      • Spring Boot

      Know More
      Quick Link
      Spring BootSpring Boot
      Java/J2EE
    • Machine Learning and Analytics

      • Tableau Training
      • Machine Learning, AI, & Deep Learning Training
      • Machine Learning with Python and R
      • Advanced Machine Learning with Deep Learning Training
      • Machine Learning with Python Training

      Know More
      Quick Link
      Machine Learning with Python TrainingMachine Learning with Python Training
      Machine Learning and Analytics
    • Management

      • PMP Training
      • Certified Scrum Master Training
      • Six Sigma Black Belt Training
      • Six Sigma Green Belt Training

      Know More
      Quick Link
      PMP TrainingPMP Training
      Management
    • Microsoft Technologies

      • AZ-300: Microsoft Azure Architect Technologies
      • AZ-104: Microsoft Azure Administrator
      • AZ-103: Microsoft Azure Administrator
      • AZ-101: Microsoft Azure Integration & Security
      • AZ-100: Microsoft Azure Infrastructure & Deployment

      Know More
      Quick Link
      AZ-104: Microsoft Azure AdministratorAZ-104: Microsoft Azure Administrator
      Microsoft Technologies
    • Mobile

      • Self Paced Android App Development

      Know More
      Quick Link
      React NativeReact Native
      Mobile
    • Web Technologies

      • React.js
      • Knockout.js
      • JavaScript & Ajax
      • HTML5 AND CSS3
      • Ember.JS
      • Backbone.js

      Know More
      Quick Link
      HTML5 AND CSS3HTML5 AND CSS3
      Web Technologies
  • Events


    Know More
    Quick Link
    EventsEvents
    Events
    • Master Class


      Know More
      Quick Link
      Master ClassMaster Class
      Master Class
    • Webinars


      Know More
      Quick Link
      WebinarsWebinars
      Webinars
    • Workshops


      Know More
      Quick Link
      WorkshopsWorkshops
      Workshops
  • Resources


    Know More
    Quick Link
    ResourcesResources
    Resources
    • Blog


      Know More
      Quick Link
      BlogBlog
      Blog
    • Podcast


      Know More
      Quick Link
      PodcastPodcast
      Podcast
    • Tech News


      Know More
      Quick Link
      Tech NewsTech News
      Tech News
  • About

    Mission To bring about a shift in the mindsets of people and enterprises through future-proofed, digitally-ready talent solutions. We shape the future by grooming the next generation of disruptors, innovators and leaders and aim to bridge the global supply/demand gap in the number of digital-ready professionals who are skilled in the technologies of tomorrow.


    Know More
    Quick Link
    AboutAbout
    About
    • Awards

      Cognixia creates some of the most comprehensive and relevant online learning experiences for professionals in nearly every field imaginable. And we’re proud to be recognized for the passion and dedication that we bring to thousands of lives.


      Know More
      Quick Link
      AwardsAwards
      Awards
    • Careers

      Apply for a dream career at Cognixia. Join our global team of thought leaders and educators as we transform people and companies. Think you could add something we have missed? Why not submit your CV and a covering letter?


      Know More
      Quick Link
      CareersCareers
      Careers
    • Our Culture

      Disciplined in performance Responsive in approach Passionate to achieve Competitive to succeed Industrious from start to finish


      Know More
      Quick Link
      Our CultureOur Culture
      Our Culture
    • Locations


      Know More
      Quick Link
      LocationsLocations
      Locations
    • Referrals

      Success tastes best when shared. Tell us about a friend, colleague or a family member, who might be interested in pursuing a career in digital technologies or transforming their workforce.


      Know More
      Quick Link
      ReferralsReferrals
      Referrals
  • Contact
  • Cart
  • Profile
Search Course
banner

Project Management in the Age of Artificial Intelligence

HomeResourcesBlogProject Management in the Age of Artificial Intelligence
August 4, 2023 | Artificial Intelligence, PMP
Read Time: 07:00

With the development of technology over the last few decades, project management has become an essential skill. There will be a change in technology with the incorporation of artificial intelligence into the apps, but your teams’ cultures and the way you use the data the A.I.-based systems produce will be the real drivers of your success.

And with the introduction of Artificial Intelligence (AI), project management has undergone a major transition. Project managers must capitalize on this technology to improve their talents and promote effective project results as India adopts the potential of AI.

You must consider the qualities and data that artificial intelligence will offer, such as characterized data, to comprehend how this position will change because of AI. The ability to make decisions and recognize potential risks will be much improved with the availability of enormous volumes of data from both inside and outside an organization.

Let’s explore how AI integrates into project management processes, its advantages, challenges, and best practices for thriving in the AI era.

Artificial Intelligence (AI) in Project Management

Artificial intelligence (AI) in project management practices has changed the way projects are set up, carried out, and managed. Artificial intelligence (AI) automates operations, analyses data, and provides important insights.

According to Gartner’s study, AI will perform 80% of project management operations by 2030. This will be backed by machine learning (ML), big data, and natural language processing. A small group of scholars, such as Paul Boudreau in his book Applying Artificial Intelligence Tools to Project Management, as well as an increasing number of firms, have already created algorithms to apply AI and ML to project management. When the next generation of tools is generally adopted significant modifications will take place.

Artificial Intelligence (AI) Transforming Project Management

AI is changing the way firms approach project management by streamlining tasks, improving communication, and facilitating better decision-making. Let’s have a look at how it changes project management—

  • Task automation:

    AI automates routine project management tasks, like organizing meetings, allocating work, and checking progress. Automation helps enhance accuracy. AI can also help in streamlining communication among team members by sending notifications when tasks are done, or modifications are needed.

  • Predictive analytics:

    AI predictive analytics helps project managers in estimating project completion timeframes and possible challenges. This helps in the identification of possible risks and their resolution before they become serious difficulties. Project managers can leverage AI’s predictive analytics feature to know which processes are more important. They can assess resource restrictions and forecast project delays as well.

  • Project risk management:

    AI also uses historical project data. And with this feature, project managers can develop more effective risk management plans for different kinds of projects. With this, the risk assessment accuracy gets better. It also reduces the risks of overlooking possible threats. Since AI can utilize historical project data, it is easier to identify patterns. And with that information, project managers can generate risk management plans according to a project’s requirements.

  • Resource Planning and Optimization:

    Project managers can use AI to get the real-time allocation and optimization of resources. With this, they can see how and where their resources are being utilized and plan for more efficient and effective usage. Proper allocation and optimization lead to cost reduction and the project success rate boosts as well. AI can also monitor the usage of resources and their availability in real-time, which makes allocation modifications easier as well.

  • Collaboration with Team Members and Stakeholders:

    AI offers project management solutions that help in team efficiency. With these tools, teams as well as stakeholders can stay in the loop with the project’s progress and make better decisions more rapidly. Furthermore, AI may assist teams in staying organized and on track with their projects by sending out automatic reminders when tasks need to be finished or updates are needed. This can help teams collaborate more efficiently and effectively to achieve their goals.

Data and people are the future

How will you ensure that your organization is ready for these technologies when they become available? Any AI adoption process starts with data, but you must also prepare your people.

Large volumes of project-related data will be required to train AI systems to manage projects. Your organization may have troves of historical project data, but they are probably distributed across numerous systems in thousands of documents in a variety of file types.

The data may be out of date, utilize other taxonomy, or contain outliers and gaps. Approximately 80% of the time spent preparing a machine learning algorithm for usage is spent on data collecting and cleaning, which turns raw and unstructured data into structured data that can train a machine learning model.

The AI revolution can never happen at your organization unless data is available and correctly handled — but no AI transformation will thrive unless you also prepare yourself and your teams for this change.

The most recent wave of tools will not only transform the technology that governs how we manage projects, but it will also fundamentally alter our work on the project. Project managers must be ready to guide and educate their staff for them to adjust to this change. They should focus more on interpersonal relationships while identifying and addressing technical skill gaps in their employees early on. In addition to focusing on project deliverables, they should concentrate on building high-performing teams in which members receive everything they need to function at their best.

Considerations when Using AI

The process of implementing artificial intelligence into your corporate operations encourages development but raises as many concerns as it does potential. The concerns stated here may not apply to everyone, but they are worth considering. They fall into the following categories:

  • Accessibility and Security

    As the number of systems linked to A.I. grows, internet security will become increasingly important. A significant amount of work will be required to guarantee that the systems are virus-free while accessing information given by AI-based systems. Preventive measures must also be implemented to protect A.I.-based systems against viruses introduced by hackers and competitors. To avoid data leaks, defense systems used by the government will need to include cybersecurity aspects.

  • Ethics

    When assessing a scenario that needs subjective assessment, we use emotions and rationality as humans. While A.I. systems are intended to give advanced computing skills, they are best suited for circumstances requiring objective analysis. To get to an ideal condition, certain circumstances need a subjective decision that may rely on ethical considerations. Artificial intelligence systems will need to be trained to make judgments based on the distinction between good and wrong.

  • Accountability

    Consider this scenario: a bank utilizes an AI algorithm to propose credit card applications for acceptance. A group of rejected candidates files a lawsuit alleging that their rejection was based on their race or ethnicity. Given that the judgment was based on a complicated algorithm incorporating neural networks, how does the legal department judge the merit of this lawsuit? Even if they have access to the method, getting a solution may be difficult. When building an algorithm to replace humans, all variables that pertain to humans executing their jobs in society must also apply to machines.

Project Management in the Age of Artificial Intelligence
Read a Blog Post: Scrum Master vs. Scrum Product Owner – what is the difference?
Conclusion

The advancement of artificial intelligence will alter how we live and push us beyond our processing capacities and prejudices. Many professions, including Project Management, will change. Our success as project managers will be determined by our capacity to think and create with the massive amount of processing power that AI will provide. Leadership, teamwork, and communication are the most crucial components of our employment, and these responsibilities will not be completely automated in the next decade.

With the introduction of artificial intelligence, project management will reach new heights. PMs will be able to use AI’s expanded insights to plan, execute, and manage projects more effectively than in the past.

Learn PMP with Cognixia and upskill yourself!

The Project Management Professional (PMP) certification is the most sought-after project management qualification. PMP certification enables project managers to operate remotely across several sectors and from anywhere globally.

This PMP online training includes a variety of concepts. It explains the distinctions between project management & operations management. Cognixia’s PMP Certification Training has been intended to assist managers/professionals in managing projects more efficiently and effectively by utilizing the Project Management Life Cycle.

Cognixia – the world’s leading digital talent transformation company – offers learners the official PMP-PMI Certification Training. We provide an extensive online PMP training program that consists of multiple project management training modules. This PMP training course will cover a wide range of topics – taking you through various aspects of project management & operations management.

This PMP certification course has been designed to help you manage big projects more efficiently and effectively with the help of the Project Management Life Cycle.

 

Tagged PMP
  • Share
  • LinkedIn
  • FaceBook
  • Twitter
  • Email
  • RSS

Post navigation

〈 How to create a DevOps culture?
Who should be a product owner in Scrum? 〉
  • Share
  • LinkedIn
  • FaceBook
  • Twitter
  • Email
  • RSS

Related Courses

Leading SAFe® 5.1 Training  (SAFe® Agilist Certification)
Leading SAFe® 5.1 Training (SAFe® Agilist Certification)
Professional Scrum Master – Level II
Professional Scrum Master – Level II
Certified Information Systems Security Professional (CISSP)
Certified Information Systems Security Professional (CISSP)
Machine Learning & Deep Learning
Machine Learning & Deep Learning

Recent Posts

How is Azure Quantum helping speed up drug discovery?
How is Azure Quantum helping speed up drug discovery?
How does AWS support Edge Computing?
How does AWS support Edge Computing?
How is Data Hoarding harmful for businesses?
How is Data Hoarding harmful for businesses?
What is GitOps?
What is GitOps?

Get future Insights

Subscribe to our newsletter for updates on our latest opportunities, courses and events.

  • This field is for validation purposes and should be left unchanged.

4th Floor, Collabera House,
Gotri, Sevasi Road, Vadodara,
Gujarat, 390021
+91-7227048672
  • LinkedIn
  • FaceBook
  • Twitter
  • Instagram
  • Youtube
Courses
  • Cloud and DevOps
  • Internet of Things
  • Development
  • Management
  • Mobile
Companies
  • Workforce Transformation
  • Hire Skilled Talent

Individuals
  • Upgrade Your Digital Skills
  • Get Hired
Resources
  • Blog
  • Tech News

About

  • About
  • Awards
  • Referrals
  • Careers
  • Locations

Support

  • Contact
  • Site Map

  • United States
  • Global
  • Refund Policy
  • Terms & Conditions
  • Privacy Policy
Copyright © 2023 Cognixia. All rights reserved
×
banner

Cognixia Special Offer

  • This field is for validation purposes and should be left unchanged.