FUTURE DEVELOPMENT PROJECT MANAGEMENT— ARTIFICIAL INTELLIGENCE

 

 

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TOPIC NAME: FUTURE DEVELOPMENT PROJECT MANAGEMENT— ARTIFICIAL INTELLIGENCE

 

Artificial intelligence is one of the most modern technologies in today’s world that has completely changed the world and the scenario in which every industry stands right now. When talking about project management it is important to notice its success and also its failure can only be found out after identifying its management quality.

 

Artificial intelligence is going to change project management to a greater extent, and this is because not only the workforce but also every single task that is done by human beings now would be done by machines with artificial intelligence (Wang, 2019). Artificial intelligence is not only capable of fulfilling complex tasks but is also capable of making decisions that save a lot of time for humans and deliver many better results.

 

Artificial intelligence helps in the future development of project management by implementing machine learning tools and various concepts that are implemented properly for getting empowered. Moreover, artificial intelligence has very low cost and has much simpler processes for project management that are to be fulfilled within a particular deadline of time (Hofmnann, 2020). Generally, there are huge responsibilities that are important to the developers of the project however with artificial intelligence introduced in project and development in the future there would be automated tasks done and decision making based on the artificial intelligence that is being fed to the machines.

 

There are many reasons why artificial intelligence is best for future development project management. Artificial intelligence will help the organization in creating an interesting turnout in the field of competitive advantage with the parameter of getting sustained for a longer period. Moreover, with artificial intelligence in hand diversity can be promised along with the increasing competition in the existing industry as well. Since, in the future, artificial intelligence will be used by more or less every organization, it will reduce pressure and also, it’s going to reduce costs of various types (Hofmann, 2020). There will be many types of artificial intelligence-driven services and various offerings. These will reduce the labor cost as well when it comes to the workforce and employing or official intelligence on machines and search for handling the project management tasks in the future.

 

Artificial intelligence is capable of detecting any type of potential risk or any threat that is already happening in the organization at a much faster rate and also at home very early stage and this is how the future development of artificial intelligence is going to find its way because project management needs to be cleaned and perfect in the sense of security which artificial intelligence is going to promise even though humans cannot (Hofmann, 2020). Artificial intelligence has an almost ideal type of brain that helps in boosting up productivity and helps in identifying any kind of security flaws.

 

Starting from detecting risks to making efficient analysis and so important predictions, artificial intelligence can provide every single future development point that project management and it required and the management tools that are being used by the artificial intelligence will be used in the future are capable of performing excellently beyond the powers of human beings.

 

Machine learning and its functionalities are increasing and are getting improved every day. Understanding this complex algorithm is also an important part meant to understand that artificial intelligence can make future developments project management because its capacity is much more ideal than humans and more accuracy to extend the line of productivity to resolve any security issues regarding the project (Wang, 2019). Adopting artificial intelligence in the future by every industry is going to change an integral part of the business and is going to make it much simpler and more efficient to handle enterprises along with their benefits and their requirements in proper time.

 

References

Hofmann, P., Jöhnk, J., Protschky, D., & Urbach, N. (2020). Developing Purposeful AI Use Cases-A Structured Method and Its Application in Project Management. In Wirtschaftsinformatik (Zentrale Tracks) (pp. 33-49).

Wang, Q. (2019). How to apply AI technology in Project Management1, 2.

 

 

 

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