Transforming Project Management by Utilizing Artificial Intelligence to Optimize Practices and Outcomes

Artificial intelligence (AI) is changing the way project managers do their jobs by creating tools and solutions that help them make better decisions, work more efficiently and achieve better results. This paper looks at how AI can be used in project management, focused on how it can speed up tasks, spot risks, make the best use of resources and make the teamwork easier. We endeavor to look at current methods and case studies to find out the pros, cons and future potential of AI-driven project management. The results show that AI has the power to change things and it supports using this strategically to improve upon project success. Artificial Intelligence (AI) technologies can be used in project management by looking at current trends, problems and real-life examples. AI can help save time and money on projects by making decisions easier and reducing the risks as well. It finds key suggestions for successful AI adoption through case studies and new trends. These include putting data quality first, encouraging ethical AI practices, encouraging a culture of innovation, embracing collaborative approaches and keeping an eye on performance. By adhering to these suggestions, businesses can use AI to improve project results and reach their strategic goals in a world that is becoming more digital, more complex and competitive.

Publication Details

Journal
SPIRE - Sciences Po Institutional REpository
Published
2024-12-31
DOI
https://doi.org/10.5281/zenodo.14607397
Primary Topic
Construction Project Management and Performance
Type
article
Field-Weighted Citation Impact
0.00
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article

Transforming Project Management by Utilizing Artificial Intelligence to Optimize Practices and Outcomes

SPIRE - Sciences Po Institutional REpository
Construction Project Management and Performance
article

Transforming Project Management by Utilizing Artificial Intelligence to Optimize Practices and Outcomes

article en

Abstract

Artificial intelligence (AI) is changing the way project managers do their jobs by creating tools and solutions that help them make better decisions, work more efficiently and achieve better results. This paper looks at how AI can be used in project management, focused on how it can speed up tasks, spot risks, make the best use of resources and make the teamwork easier. We endeavor to look at current methods and case studies to find out the pros, cons and future potential of AI-driven project management. The results show that AI has the power to change things and it supports using this strategically to improve upon project success. Artificial Intelligence (AI) technologies can be used in project management by looking at current trends, problems and real-life examples. AI can help save time and money on projects by making decisions easier and reducing the risks as well. It finds key suggestions for successful AI adoption through case studies and new trends. These include putting data quality first, encouraging ethical AI practices, encouraging a culture of innovation, embracing collaborative approaches and keeping an eye on performance. By adhering to these suggestions, businesses can use AI to improve project results and reach their strategic goals in a world that is becoming more digital, more complex and competitive.

SPIRE - Sciences Po Institutional REpository
Industry, innovation and infrastructure
Openalex Percentile: Top 55%
Construction Project Management and Performance
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Transforming Project Management by Utilizing Artificial Intelligence to Optimize Practices and Outcomes · SPIRE - Sciences Po Institutional REpository (2024) | TGRS Research Map | TGRS