[PDF] How The Project Management Office Can Use Artificial Intelligence To Improve The Bottom Line eBook
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Artificial Intelligence is finally making its way into project management and the challenge is to take advantage of all the benefits and avoid the pitfalls. In a highly competitive industrial environment, the PMO is in an ideal position to understand, adopt and optimize AI tools for project management. The PMO can align corporate objectives to the new technology and vastly improve the bottom line.This is a both a practical guide and visionary description of how AI will disrupt project management and how the PMO can harness this capability to create a substantial competitive advantage for the organization.
Author Paul Boudreau shares the keys to project management success using a modern approach: artificial intelligence. Within the pages of Applying Artificial Intelligence to Project Management, Boudreau describes five AI tools in concept and how they apply directly to project success, as well as the strategy and method to use to purchase and implement AI tools for project management. Understand the difference between automating a task and changing it by using AI. Discover how AI uses data and the importance of data maintenance. Learn why projects fail and how using artificial intelligence for project management improves project success rates. Read project management success stories in one of the best business books on machine learning, and prepare to leave behind that 50 percent project success rate for one that's 95 percent or higher.
Enabling project managers to adapt to the new technology of artificial intelligence, this first comprehensive book on the topic discusses how AI will reinvent the project world and allow project managers to focus on people. Studies show that by 2030, 80 percent of project management tasks, such as data collection, reporting, and predictive analysis, will be carried out by AI in a consistent and efficient manner. This book sets out to explore what this will mean for project managers around the world and equips them to embrace this technological advantage for greater project success. Filled with insights and examples from tech providers and project experts, this book is an invaluable resource for PMO leaders, change executives, project managers, programme managers, and portfolio managers. Anyone who is part of the global community of change and project leadership needs to accept and understand the fast- approaching AI technology, and this book shows how to use it to their advantage.
Author : Söhnke M. Bartram Publisher : CFA Institute Research Foundation Page : 95 pages File Size : 27,26 MB Release : 2020-08-28 Category : Business & Economics ISBN : 195292703X
Artificial intelligence (AI) has grown in presence in asset management and has revolutionized the sector in many ways. It has improved portfolio management, trading, and risk management practices by increasing efficiency, accuracy, and compliance. In particular, AI techniques help construct portfolios based on more accurate risk and return forecasts and more complex constraints. Trading algorithms use AI to devise novel trading signals and execute trades with lower transaction costs. AI also improves risk modeling and forecasting by generating insights from new data sources. Finally, robo-advisors owe a large part of their success to AI techniques. Yet the use of AI can also create new risks and challenges, such as those resulting from model opacity, complexity, and reliance on data integrity.
The book is a work of experience and research on contemporary issues in project management. In a clean swoop and erudite scholarship, it examines why the mechanism invented to improve project management has proved abortive or ineffective, the factors that trigger the failure of these techniques to improve success, and how the advantage of turning innovative technologies into tools and make diligent use of it will increase project management efficiency. This book confers the need for project leaders rather than project managers; deals with how to create a cordial relationship between project leaders and team members, giving them the opportunity to contribute their ideas or initiatives to the success of a project. The book introduces Project Management Transformation Framework (PMTF) and Innovation Project Management Office (IPMO) and the balanced relationship between project leaders and the IPMO . The PMTF uses emerging technologies such as the Internet of things and artificial intelligence and discusses project leadership qualities. All of which are meticulously and adroitly developed in both length and breadth in a straightforward language. It goes further to reveal some of the salient points and raise posers to the questions which project leaders must ask themselves. The author has produced this educative and quite challenging tool which will stimulate discussions and debates amongst the general public more especially project leaders. This book is aimed to fulfill the yearnings of project leaders in finding solutions to why there is a continuous fail of project management despite all corrective steps or methods that have been used. Written in simple and compelling language, its rendition amply demonstrates the high grasp and appreciation of the subject. The value of this scholarly work is also enhanced by its successful attempt at domesticating the concepts to general context. From the preceding, therefore, this book is for all project management professionals and the general interest readers as well make bold to say that this book encapsulates all the solutions to various jigsaws that stare project management professionals in the face.
Accelerate your next project with artificial intelligence and ChatGPT In AI-Driven Project Management: Harnessing the Power of Artificial Intelligence and ChatGPT to Achieve Peak Productivity and Success, veteran IT and project management advisor Kristian Bainey delivers an insightful collection of strategies for automating the administration and management of projects. In the book, the author focuses on four key areas where project leaders can achieve improved results with AI's data-centric capabilities: minimizing surprises, minimizing bias, increasing standards, and accelerating decision making. You'll also find: Primers on the role of AI and ChatGPT in Agile, Hybrid, and Predictive approaches to project management How to accurately forecast a project with ChatGPT Techniques for crafting impactful AI strategy using AI project management principles Perfect for managers, executives, and business leaders everywhere, AI-Driven Project Management is also a must-read for project management professionals, tech professionals and enthusiasts, and anyone else interested in the intersection of artificial intelligence, machine learning, and project management.
Embrace the intersection of human ingenuity and technological innovation. Gartner’s research team have predicted that by 2030, 80% of Project Management tasks will be run by AI. AI is not going to go away, so the longer project managers ignore it, the more they are losing out. Not only losing out on the benefits of AI but losing out on staying ahead in their careers. Organisations that effectively leverage AI in project management gain a competitive edge. They can deliver projects more efficiently, meet deadlines consistently, and adapt to changing circumstances with greater agility, ultimately contributing to the overall success of the organization. Are you ready to transform your project management approach? Artificial Intelligence in Project Management is the essential guide for project managers who are new to AI and want to catch up with this game-changing technology. This book shows how AI can save you time, and support you in being more efficient in your role. With real-world examples, practical use cases and actionable insights, this book bridges the gap between complex AI concepts and everyday project management tasks. It provides clear, actionable steps to help you integrate AI into your projects, even if you're starting from scratch. Don't get left behind. Equip yourself with this essential know-how to lead your projects with confidence in this new age. The efficiency gains from using AI tools in project management allows us more time to focus on the people-side of project management. AI enables project managers and teams to stay on top of their project planning and execution activities, whilst freeing up time for much needed stakeholder management. Target audience for this book: Project and Programme Managers, workstream leaders, project management officers, Business Analysts and all professionals interested in AI and Project Management. This is also a brilliant text to support graduate and post-graduate studies in Project Management. Reading this book will help you: · Understand the fundamentals of AI and its implications for project management. · Learn about key AI tools and technologies applicable to project management tasks. · Discover real-world examples of successful AI integration in project environments. · Learn how to leverage AI for decision-making, planning, and risk management. · Utilise a set if time-saving use cases where AI can assist in project management. · Understand what you need to do to stay ahead in your career as a Project Manager. As always with this author’s books, there is no waffle, page filling theory or unnecessary padding. Practical. Relevant. Useful. EMANUELA is a performance improvement coach with over 20 years’ experience in project management. She has trained thousands of people on the subject around the world and has a knack for explaining complex topics simply. Whether training in-person or virtually, she engages individuals and teams with her energy, enthusiasm, and her passion for continuous improvement.
AI-Powered Project Management: Merging Technology with Team Success by Mohammad Zaripour is an insightful and forward-thinking guide that explores the transformative impact of artificial intelligence (AI) on project management. In an era where technology rapidly evolves, project managers face the challenge of harnessing AI to optimize processes, improve decision-making, and ultimately achieve success. This book offers a comprehensive roadmap for integrating AI into the project management landscape, providing both seasoned professionals and newcomers with the tools they need to navigate this emerging field. In this book, Mohammad Zaripour, a seasoned project management professional with deep expertise in engineering, shares his knowledge and experience to help readers understand the profound ways AI can revolutionize project management. Drawing on his extensive background, Zaripour delves into the complexities of AI, demystifying concepts such as machine learning, predictive analytics, and automation. He illustrates how these technologies can be leveraged to enhance project efficiency, streamline workflows, and improve team collaboration. The book begins by laying a solid foundation in AI fundamentals, making complex topics accessible to readers of all backgrounds. Zaripour then guides readers through the practical applications of AI in project management, offering real-world examples and case studies that highlight the benefits and challenges of AI adoption. From optimizing resource allocation and risk management to enhancing decision-making and communication, the book covers every aspect of AI's role in the modern project management toolkit. As the author explores the integration of AI with agile and traditional project management methodologies, he provides actionable insights on how to align AI technologies with organizational goals. Zaripour's approach is not just theoretical; it is grounded in practical advice that readers can apply immediately to their projects. He emphasizes the importance of ethical considerations and data security, ensuring that AI is used responsibly and effectively in project environments. AI-Powered Project Management: Merging Technology with Team Success also offers a forward-looking perspective, exploring the future of AI in project management and its potential to reshape industries. Mohammad Zaripour's vision is clear: AI is not just a tool for automation; it is a strategic asset that, when properly implemented, can lead to unparalleled project success and innovation. For project managers, team leaders, and business executives seeking to stay ahead of the curve, this book is an essential resource. Zaripour's expertise and clear, engaging writing style make this complex subject matter both accessible and compelling. Whether you are new to AI or looking to deepen your understanding, this book will equip you with the knowledge and confidence to lead your team into the future of project management.
Citizen development allows anyone to build applications without software expertise, significantly faster, and at a fraction of the cost. Unlock the value within your organization. Learn the tools and techniques needed to introduce and scale citizen development. This book brings together the latest thinking on citizen development from industry thought leaders, no-code/low-code vendors, transformation experts, and executives who oversee large technology investments. It guides organizations to deliver citizen development projects, design better apps, scale the operating model, align key stakeholders, and nurture and grow citizen development.
Artificial Intelligence (AI) in Healthcare is more than a comprehensive introduction to artificial intelligence as a tool in the generation and analysis of healthcare data. The book is split into two sections where the first section describes the current healthcare challenges and the rise of AI in this arena. The ten following chapters are written by specialists in each area, covering the whole healthcare ecosystem. First, the AI applications in drug design and drug development are presented followed by its applications in the field of cancer diagnostics, treatment and medical imaging. Subsequently, the application of AI in medical devices and surgery are covered as well as remote patient monitoring. Finally, the book dives into the topics of security, privacy, information sharing, health insurances and legal aspects of AI in healthcare. Highlights different data techniques in healthcare data analysis, including machine learning and data mining Illustrates different applications and challenges across the design, implementation and management of intelligent systems and healthcare data networks Includes applications and case studies across all areas of AI in healthcare data