Project Management in the Age of Artificial Intelligence

This paper discusses the application and impact of artificial intelligence in the field of project management. Firstly, it introduces the definition and development history of AI and analyses its wide application in various industries. Then, it elaborates the impact of AI on project management, including project planning and scheduling, cost estimation and forecasting, risk management and decision support, communication and collaboration, quality management and monitoring, and resource allocation and optimisation. Artificial intelligence technology has shown significant advantages in improving decision-making accuracy, optimising resource utilisation, and enhancing risk management. At the same time, this paper also discusses the challenges of AI in project management, such as data quality, algorithm transparency, and personnel literacy, and points out the skill requirements and role changes of AI for project managers and teams. Finally, it looks forward to the future development of AI in project management and expects it to bring more innovations and breakthroughs to provide more efficient and smarter solutions for project management.

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Publication Details

Journal
Highlights in Business Economics and Management
Published
2024-08-08
DOI
https://doi.org/10.54097/23axpg43
Citations
7
Primary Topic
Knowledge Management and Technology
Type
article
Field-Weighted Citation Impact
3.43
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article

Project Management in the Age of Artificial Intelligence

Ziwen Diao
7 citations
Highlights in Business Economics and Management
Knowledge Management and Technology
3.43
article

Project Management in the Age of Artificial Intelligence

Ziwen Diao
article en
7 citations

Abstract

This paper discusses the application and impact of artificial intelligence in the field of project management. Firstly, it introduces the definition and development history of AI and analyses its wide application in various industries. Then, it elaborates the impact of AI on project management, including project planning and scheduling, cost estimation and forecasting, risk management and decision support, communication and collaboration, quality management and monitoring, and resource allocation and optimisation. Artificial intelligence technology has shown significant advantages in improving decision-making accuracy, optimising resource utilisation, and enhancing risk management. At the same time, this paper also discusses the challenges of AI in project management, such as data quality, algorithm transparency, and personnel literacy, and points out the skill requirements and role changes of AI for project managers and teams. Finally, it looks forward to the future development of AI in project management and expects it to bring more innovations and breakthroughs to provide more efficient and smarter solutions for project management.

Highlights in Business Economics and ManagementVol. 39
Northeastern University (US)
Quality Education
Openalex Percentile: Top 7%
Knowledge Management and Technology
3.43
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