This document provides background information on artificial intelligence and its relevance and applications in project management. It discusses how technological advances have led to four industrial revolutions and the current digital revolution is being driven by the internet and artificial intelligence. AI is now being used in many fields including project management to automate tasks, make decisions, and improve performance. The document outlines the objectives and research questions of the study, which aims to examine the impacts of AI on project management and how it can help project managers work more efficiently.
This was an Inter Collegiate and a State Level Contest named SIGMA '08. Won a special prize for this paper. This research emphasized on how simple concepts of Mathematics helps into constructing complex mathematical models for space programming and their individual importance in real time applications.
This was an Inter Collegiate and a State Level Contest named SIGMA '08. Won a special prize for this paper. This research emphasized on how simple concepts of Mathematics helps into constructing complex mathematical models for space programming and their individual importance in real time applications.
Advantages of Artificial Intelligence - Avantika UniversityAvantika University
The advantages of Artificial intelligence are uncountable in the professional sector. Have a look at some of the advantages.
To know more details, visit us at : https://www.avantikauniversity.edu.in/engineering-colleges/advantages-of-artificial-intelligence.php
This Presentation will give you an overview about Artificial Intelligence : definition,types,Platform of AI,Languages,Future Scope, advantages , disadvantages , benefits , applications .
The Future of Teaching with Artificial Intelligence final.pptxmichelepinnock
This presentation suggests ways in which AI and VR can be integrated in teaching and learning. Two key points
1. Teachers must begin to work smarter and not harder and
2. Students must be placed at the centre of our teaching & learning experience with the need for curriculum/content following.
Please join the discussion https://innovatorsregion4.blogspot.com/2023/07/using-artificial-intelligence-ai-and.html
What Are The Negative Impacts Of Artificial Intelligence (AI)?Bernard Marr
Artificial intelligence (AI) is doing a lot of good and will continue to provide many benefits for our modern world, but along with the good, there will inevitably be negative consequences. The sooner we begin to contemplate what those might be, the better equipped we will be to mitigate and manage the dangers.
Report on Studies of Electric Vehicle TechnologiesMAYANK ACHARYA
Detailed study on the basics and working of electric vehicles, comparison of different motors for EV application, comparison of different batteries for EV applications, Charging infrastructure for EV in India and a brief study on BMS(Battery Management System).
The artificial intelligence solutions are the greatest invention of mankind that has taken the technology to a whole new level. Artificial intelligence is used by the IT sector in their systems, software, applications, websites etc.
Check it Out – https://bit.ly/2Cgmd7p
Know Everything About Artificial Intelligence
AI involves machine learning, deep learning and many other programmable capabilities.
Let’s know all about the AI.
What is AI:
AI is intelligence exhibited by machines AI systems seek to process or respond to data in human-like ways.
AI can be seen at:
1. Marketing- Here AI analyze buyer’s behavior and provide best products & deals to them.
2. Predictive systems- These AI are made to look at statistical data and form valuable conclusions.
3. Editing Softwares- Here AIs suggest the ways that can be used to make pictures and texts more attractive.
4. Research- Research AI search through complex documents and studies for specific information at the speed higher than Google’s search engine.
How safe are they:
• Artificial intelligence right now don’t have ability to make truly independent decisions
• They can’t do anything beyond the instructions provided to them
• But, the predictions through AI can be inaccurate & that can be dangerous
Future of AI:
• We can see the rapid adoption of AI tricks in every field of tech.
• Once quantum computers become more viable, AIs will have access to unprecedented processing power and human-like AIs will become more viable.
• There are various apps & softwares that can be improved with the help of AI
The tools of mathematics at the maximum applied part has continuously been utilized in an important manner in the formation of art and architecture. The straightedge and the lowly compass since the ancient times augmented by other craftsmen’s tools and simple draftsmen’s tools have been put into use for the creation of attractive projects comprehended in the beautification of cathedrals, fortresses and mosques and also in architecture (Gomez 1983). A testament to the imaginative use of ancient geometric knowledge is the intricate Moorish tessellations in crick, tile and stucco which decorate their structures and also the complex tracery of Gothic interiors and windows.
A Theory of Knowledge Lecture given by Mark Steed, Director of JESS Dubai on Monday 4th March 2019
The lecture explains how AI works and then looks at some of the ethical implications
Review of AI Maturity Models in Automotive SME Manufacturinggerogepatton
This study reviews studies on Artificial Intelligence (AI) maturity models (MM) in automotive
manufacturing. To stay competitive, SMEs in the automotive industry need to embrace digitalization. SMEs
employ a large segment of the USA's workforce. The benefits of operational efficiency, quality
improvement, cost reduction, and innovative culture have made SMEs more aggressive about
digitalization. Digitalizing operations with Artificial Intelligence are on the rise. In this paper, AI
applications in SMEs are examined through the lens of an AI maturity model.
REVIEW OF AI MATURITY MODELS IN AUTOMOTIVE SME MANUFACTURINGijaia
This study reviews studies on Artificial Intelligence (AI) maturity models (MM) in automotive
manufacturing. To stay competitive, SMEs in the automotive industry need to embrace digitalization. SMEs
employ a large segment of the USA's workforce. The benefits of operational efficiency, quality
improvement, cost reduction, and innovative culture have made SMEs more aggressive about
digitalization. Digitalizing operations with Artificial Intelligence are on the rise. In this paper, AI
applications in SMEs are examined through the lens of an AI maturity model.
Advantages of Artificial Intelligence - Avantika UniversityAvantika University
The advantages of Artificial intelligence are uncountable in the professional sector. Have a look at some of the advantages.
To know more details, visit us at : https://www.avantikauniversity.edu.in/engineering-colleges/advantages-of-artificial-intelligence.php
This Presentation will give you an overview about Artificial Intelligence : definition,types,Platform of AI,Languages,Future Scope, advantages , disadvantages , benefits , applications .
The Future of Teaching with Artificial Intelligence final.pptxmichelepinnock
This presentation suggests ways in which AI and VR can be integrated in teaching and learning. Two key points
1. Teachers must begin to work smarter and not harder and
2. Students must be placed at the centre of our teaching & learning experience with the need for curriculum/content following.
Please join the discussion https://innovatorsregion4.blogspot.com/2023/07/using-artificial-intelligence-ai-and.html
What Are The Negative Impacts Of Artificial Intelligence (AI)?Bernard Marr
Artificial intelligence (AI) is doing a lot of good and will continue to provide many benefits for our modern world, but along with the good, there will inevitably be negative consequences. The sooner we begin to contemplate what those might be, the better equipped we will be to mitigate and manage the dangers.
Report on Studies of Electric Vehicle TechnologiesMAYANK ACHARYA
Detailed study on the basics and working of electric vehicles, comparison of different motors for EV application, comparison of different batteries for EV applications, Charging infrastructure for EV in India and a brief study on BMS(Battery Management System).
The artificial intelligence solutions are the greatest invention of mankind that has taken the technology to a whole new level. Artificial intelligence is used by the IT sector in their systems, software, applications, websites etc.
Check it Out – https://bit.ly/2Cgmd7p
Know Everything About Artificial Intelligence
AI involves machine learning, deep learning and many other programmable capabilities.
Let’s know all about the AI.
What is AI:
AI is intelligence exhibited by machines AI systems seek to process or respond to data in human-like ways.
AI can be seen at:
1. Marketing- Here AI analyze buyer’s behavior and provide best products & deals to them.
2. Predictive systems- These AI are made to look at statistical data and form valuable conclusions.
3. Editing Softwares- Here AIs suggest the ways that can be used to make pictures and texts more attractive.
4. Research- Research AI search through complex documents and studies for specific information at the speed higher than Google’s search engine.
How safe are they:
• Artificial intelligence right now don’t have ability to make truly independent decisions
• They can’t do anything beyond the instructions provided to them
• But, the predictions through AI can be inaccurate & that can be dangerous
Future of AI:
• We can see the rapid adoption of AI tricks in every field of tech.
• Once quantum computers become more viable, AIs will have access to unprecedented processing power and human-like AIs will become more viable.
• There are various apps & softwares that can be improved with the help of AI
The tools of mathematics at the maximum applied part has continuously been utilized in an important manner in the formation of art and architecture. The straightedge and the lowly compass since the ancient times augmented by other craftsmen’s tools and simple draftsmen’s tools have been put into use for the creation of attractive projects comprehended in the beautification of cathedrals, fortresses and mosques and also in architecture (Gomez 1983). A testament to the imaginative use of ancient geometric knowledge is the intricate Moorish tessellations in crick, tile and stucco which decorate their structures and also the complex tracery of Gothic interiors and windows.
A Theory of Knowledge Lecture given by Mark Steed, Director of JESS Dubai on Monday 4th March 2019
The lecture explains how AI works and then looks at some of the ethical implications
Review of AI Maturity Models in Automotive SME Manufacturinggerogepatton
This study reviews studies on Artificial Intelligence (AI) maturity models (MM) in automotive
manufacturing. To stay competitive, SMEs in the automotive industry need to embrace digitalization. SMEs
employ a large segment of the USA's workforce. The benefits of operational efficiency, quality
improvement, cost reduction, and innovative culture have made SMEs more aggressive about
digitalization. Digitalizing operations with Artificial Intelligence are on the rise. In this paper, AI
applications in SMEs are examined through the lens of an AI maturity model.
REVIEW OF AI MATURITY MODELS IN AUTOMOTIVE SME MANUFACTURINGijaia
This study reviews studies on Artificial Intelligence (AI) maturity models (MM) in automotive
manufacturing. To stay competitive, SMEs in the automotive industry need to embrace digitalization. SMEs
employ a large segment of the USA's workforce. The benefits of operational efficiency, quality
improvement, cost reduction, and innovative culture have made SMEs more aggressive about
digitalization. Digitalizing operations with Artificial Intelligence are on the rise. In this paper, AI
applications in SMEs are examined through the lens of an AI maturity model.
Website URL:https://www.airccse.org/journal/ijaia/ijaia.html Review of AI Mat...gerogepatton
This study reviews studies on Artificial Intelligence (AI) maturity models (MM) in automotive
manufacturing. To stay competitive, SMEs in the automotive industry need to embrace digitalization. SMEs
employ a large segment of the USA's workforce. The benefits of operational efficiency, quality
improvement, cost reduction, and innovative culture have made SMEs more aggressive about
digitalization. Digitalizing operations with Artificial Intelligence are on the rise. In this paper, AI
applications in SMEs are examined through the lens of an AI maturity model.
Artificial Intelligence Empowering the Future of Digital Transformationijtsrd
Artificial Intelligence is not only about the machines that play an authoritative role in humans, but they both are working together. Machines provide the human with the ability of insight and perspective but the machines will not provide the decisive role of supplying judgement and creativity. There is a huge scope of artificial intelligence in this era. The combination of human creativity and technology together results in the excitement that can solve various problems and challenges related to the world. Deepak Kumar "Artificial Intelligence Empowering the Future of Digital Transformation" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-3 , April 2020, URL: https://www.ijtsrd.com/papers/ijtsrd30287.pdf Paper Url :https://www.ijtsrd.com/computer-science/artificial-intelligence/30287/artificial-intelligence-empowering-the-future-of-digital-transformation/deepak-kumar
Ferma report: Artificial Intelligence applied to Risk Management FERMA
FERMA brought together a group of experts from within and beyond the risk management community to develop the first thought paper about AI applied to risk management.
Their aim was to perform an initial assessment of the potential value of AI to improve enterprise risk management (ERM), and second, to understand how risk managers can be key actors in highlighting to the organisation leadership the opportunities and challenges of AI technologies.
The working group expects that corporate risk management will benefit from AI in several areas. “From its ability to process large amounts of data to the automation of certain risk management repetitive and burdensome steps, AI could allow risk managers to respond faster to new and emerging exposures. By acting in real time and with some predictive capabilities, risk management could reach a new level in supporting better decision making for senior management.”
This paper aims to guide risk managers on applying AI from a basic understanding to developing their own strategy on the implementation of AI. It includes an action guide and a template for risk managers to develop their own AI risk management roadmap.
Investing in AI: Moving Along the Digital Maturity CurveCognizant
Digitally mature businesses are more likely to consider themselves at an advanced stage of AI adoption, according to our recent study, enabling them to turn data into insights at the scale and precision required today.
Background: As a result of enormous progress in the information technology and communications, several
organizations adopt business intelligence (BI) applications in order to cope with the development in
business mechanisms, staying at the marketplace, competition, customer possession and retention.
The rapid growing capabilities of both generating and gathering data has created an imperative
necessity for new techniques and tools can intelligently and automatically transform the processed data in
to a valuable information and knowledge. Knowledge management is a cornerstone in selecting accurate
information at the appropriate time from many relevant resources.
Objective: The major Objective of this research is to "examine the impact of business intelligence on
employee's knowledge sharing at the Jordanian telecommunications company (JTC)".
Design/methodology/approach: A review of the literature serves as the basis for measuring the impact of
business intelligence using knowledge sharing scale. The study sample consisted of administrators,
technical staff, and senior managers.75 questionnaires were distributed in the site of JTC. (70)
Questionnaires were collected. (63) Found statistically usable for this study representing a response rate
of (84 %).
Findings: Most important findings for this study demonstrate that business intelligence tools respectively
(OLAP, Data Warehousing, and Data Mining)are highly effect on employee knowledge sharing.
Originality/ Value: Business Intelligence play a significant role in obtaining the underlying knowledge in
the organization, through optimum utilization of data sources the internal and external alike. Several
researches addressed the importance of integrating business intelligence with knowledge management,
little of these researches addressing the impact of business intelligence on knowledge sharing. This study
has tried to address this need.
Emerging technologies continue to affect the way we live, work, and interact with one another. Business is affected by emerging technologies. In today’s world, business operates in the era of data. With the increasingly massive amount of data generated daily by customers and the complexity of customers, businesses can no longer rely on traditional methods to thrive and maintain relevance within the fierce competition. Technology has been a major driver of change in business. Cloud computing, Internet of things, big data, artificial intelligence, and blockchain are the emerging technologies that may create winners and losers. This paper provides the emerging technologies in business, what they are, and what they offer for business. Matthew N. O. Sadiku | Uwakwe C. Chukwu | Abayomi Ajayi-Majebi | Sarhan M. Musa "Emerging Technologies in Business" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-7 , December 2022, URL: https://www.ijtsrd.com/papers/ijtsrd52380.pdf Paper URL: https://www.ijtsrd.com/engineering/other/52380/emerging-technologies-in-business/matthew-n-o-sadiku
Here are 5 Digital Transformation that will help you transform your company.
To know more details, visit us at : https://mitidinnovation.com/recreation/5-digital-transformation-that-will-help-transform-your-company/
Machine learning applications used in accounting and auditsvivatechijri
AI is a territory of software engineering that gains from a lot of information, recognizes examples, and makes expectations about future occasions. In the accounting and auditing professions, Machine Learning has been progressively utilized over the most recent couple of years. Thusly, this investigation means to Survey the current Machine Learning applications in accounting and auditing with a focus on Big Four Organizations. In this study, the AI devices and stages created by Big Four organizations are analyzed by directing a content investigation. It has been distinguished that Big Four organizations built up a few Machine learning devices that are utilized for predictable audits coordination and the management, completely automated audits. Accounting processes such as accounts receivable and accounts payable management, preparation of expense reports, and risk assessment can easily be automated by AI. For instance, machine learning algorithms can match an invoice received, decide the right business ledger for acknowledgment, and place it in a payment pool where a human specialist can inspect and submit the payment request to the payment queue.
the influence of machine language and data science in the emerging worldijtsrd
The study describes the machine learning language with respect to big data sciences. The process of machine learning has evolved to have grown significantly to progress in information science. This progress has led to conquer different domains and are capable of solving myriad problems and upgrading the applicative properties. Hence, the present study is drafted to highlight the importance of machine learning process and language. Anitha. S "The Influence of Machine Language and Data Science in the Emerging World" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-5 , August 2020, URL: https://www.ijtsrd.com/papers/ijtsrd31907.pdf Paper Url :https://www.ijtsrd.com/engineering/computer-engineering/31907/the-influence-of-machine-language-and-data-science-in-the-emerging-world/anitha-s
Machine Learning and IoT Technologies_ Changing Businesses Operations in 2024...Polyxer Systems
The digital transformation in businesses is now only limited to our imagination. The ever-changing context of technology is predicted to leap in 2024.
While businesses brace for the next advanced technological waves, the Internet of things and machine learning technologies have already started making a great deal. These technologies are envisioned to uphold the rapid evolution in 2024.
This essay contends that rather than a future of “Models will Run the World,” the route to AI software creates a focus on intelligent data. To move towards the latter, humans will need to contribute their judgement to how data is organized for machine learning to train algorithms. They will decide what biases may be included in the training data and check for any issues that might arise from these biases once algorithms are run in production.
To achieve success in this “intelligent data” world, humans will play a very different role in the workforce. Jobs will shift to those that support, conserve and evaluate the results that algorithms provide. They may also expand in “domain expertise” areas, as where knowledge of regulatory requirements for finance needs to be incorporated in new models that financial institutions want to create and the algorithms they need to run.
u
Artificial intelligence has been a buzz word that is impacting every industry in the world. With the rise of
such advanced technology, there will be always a question regarding its impact on our social life,
environment and economy thus impacting all efforts exerted towards sustainable development. In the
information era, enormous amounts of data have become available on hand to decision makers. Big data
refers to datasets that are not only big, but also high in variety and velocity, which makes them difficult to
handle using traditional tools and techniques. Due to the rapid growth of such data, solutions need to be
studied and provided in order to handle and extract value and knowledge from these datasets for different
industries and business operations. Numerous use cases have shown that AI can ensure an effective supply
of information to citizens, users and customers in times of crisis. This paper aims to analyse some of the
different methods and scenario which can be applied to AI and big data, as well as the opportunities
provided by the application in various business operations and crisis management domains.
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Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
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1. 1.0 Background to the Research
Technologically, the world is changing and the present day methods of doing and
managing business have gone beyond conventional management process. To contend
and win in the present quick moving, innovation driven world, organizations are keying
into new technological changes and moving along with the development. At different
points in history, several technological innovations have marked a defining moment in
the course of history. At first it began with the first industrial revolution witnessed at the
end of the 18th century to the beginning of the 19th century (iED Team, 2019). This
technological revolution marked the inception of mechanized production through the use
of water and steam. The famous application of this technology was seen in the
development of locomotive trains and mechanized agriculture. A second industrial
revolution which followed about a century later saw the discovery and utilization of
electricity, gas and oil to mass produce things. This second industrial revolution also
brought about the methods of communication like the telephone and telegraph and
other transport systems such as automobiles and planes. The third industrial revolution
digitalized everything. This technological revolution saw the utilization of computers,
electronics and ICT to automate production. Presently, we are experiencing a fourth
Industrial Revolution which is taking ‘digital’ to a whole new level. With the internet, and
more recently artificial intelligence, being the driving wheel for digitalization, not only are
production processes being transformed, the modes of doing and managing business is
also changing into a whole new dimension (Elrajoubi, 2019). Today we are talking about
Artificial Intelligence, (AI) which is impacting nearly every facet of global development
including business. From reducing operational costs, improving customer experience,
increasing efficiency to growing revenue, many businesses implement artificial
intelligence (AI) into their business to handle challenging tasks, and achieve better
performances beyond what the human ability will physically achieve. Artificial
Intelligence is also being deployed to different disciplines including the field of project
management. Artificial Intelligence customized for project management can oversee
and manage several aspects of a project with little resources while ensuring the tasks
are performed automatically. The end goal of implementing AI in project management is
to inform adequate project decisions. But asides aiding decision making, AI also
2. identifies the skills and functions of team members of a project and ensures the project
objectives are consistent and monitored.
The benefits of AI in project management are enormous, as we will see further into the
study but the question related to the usage of AI is whether the project manager’s mind
can be defined precisely so that its simulation can be done with the help of artificial
intelligence tools. This research therefore seeks to underscore the benefits of Artificial
Intelligence and its relevance in project management with a motive to review the AI
tools available to the project manager to aid him successfully manage his project.
1.1 Statement of Problem
As more and more exposure of Artificial Intelligence is coming into light, there’s been a
mind shift of the stereotype ideology of how Artificial Intelligence works. Other than the
typical complex computations it is known to handle, AI developments are increasingly
being developed to emulate human responses to tasks and decision making. There’s
even the fear that one day AI will surpass the contributions of humans and overtake
their jobs because of its potency (Munir, 2019). However, AI predictions are only as
good as data. The more data the algorithm has, the more accurate and intelligent the
system will be. As a result, it can take longer time building the right data infrastructure
and preparing the data to be used than building the actual machine learning model to
run the data. This is a big consideration for project managers as their businesses may
not have the data ready in the correct formats, and with the process of cleaning and
preparing the data already tedious, they tend to shy away from the process or avoid it
totally. Thus, highlighting the benefits of AI in project management with a view to
determining the best ways project managers can utilize AI tools to efficiently manage
projects is the main rationale behind this study.
1.3 Research Aim
The main aim of the study is to examine the impacts of artificial intelligence on
project management including its application in project management while investigating
the risks and limitations which hinder its acceptance and implementation among SMEs
in Nigeria. In addition, it examines how AI facilitates excellence in the field of project
management.
3. 1.4 Research Objectives:
Specifically, the study seeks to;
i. Investigate the application of AI and its contribution in terms of project
management and productivity.
ii. Identify various AI tools available to project managers for efficiently managing
projects.
iii. Highlight the reasons why firms exhibit negligence towards implementing AI in
their operations.
iv. Determine cost effective ways project managers of SME’s can improve their
project management through AI deployment.
1.5 Research Questions
The following research questions will guide the study
i. It what ways can Artificial Intelligence help project management and contribute to
productivity?
ii. What are the AI tools available to project managers for efficiently managing
projects?
iii. Why do some firms still exhibit negligence towards implementing AI in their
operations?
iv. How best can project managers improve their management in a cost effective
manner?
1.6 Significance of the Study
This study seeks to highlight the benefits of Artificial Intelligence in the area of
project management. Hence the findings from this paper shall be beneficial to
managers, project team leads and chief executives. This study is also important and
significant in that it will showcase the various ways application of AI in project
management increases the project manager’s output.
Furthermore, it is hoped that the study will bring a new lime light and a change of
heart to different cadre of entities: Government agencies, Government parastatals,
security agencies, schools and private business owners whom may be currently
4. indifferent to adopting AI. It is hoped that the study will encourage more acceptance of
AI implementation in their business and project operations.
1.6 Delimitation to the study
This study is delimited to impacts of artificial intelligence in project management.
The content was also delimited to select firms in Nigeria.
2.0 Literature Review
2.1 Theoretical Background
2.1.1 Behavioral theory of the firm and information processing theory
First developed by George Miller in the 1950s, the Information Processing theory is a
cognitive theory that depicts how information is processed by our brain and encoded
into our memory. The silver lining of this theory is that processing information and
creating a lasting memory occurs in sequence. Decision making has always been a key
activity of any project and the responsibility of making decisions to a great extent relies
on the Project manager and board members (Van Riel et al., 2004; McNally and
Schmidt, 2011). Once data are gathered, and knowledge inputs are ascertained, the
data must then be sorted and analyzed. After a thorough analysis, an opportunity is
presented for decisions to be made based on the result of the analysis performed and
the management is saddled with this responsibility.
In today’s business climate, Artificial Intelligence can comfortably handle procedures of
information processing and inform the project manager of decisions to take with the help
of machine learning – a type of AI which allows machines to learn from data and
experience, without being explicitly programmed (Kuhl, Goutier, Hirt, & Satzger, 2019).
There is no doubt that the manner in which information processing is being done in
organizations today is changing. Meanwhile, companies are also changing in a way that
makes generating and analyzing data even more difficult than ever. This indeed calls for
more sophisticated methods of refining data and processing information in order to
adequately inform better business decisions, and this can be achieved with the help of
Artificial Intelligence (Butt, 2018).
5. Project manager
2.2Conceptual Review
The diagram below is a conceptual framework showing the connection between Artificial
Intelligence and Project Management
AI Framework
Fig 1: Conceptual Framework of AI and Project Management (adapted from (Belharet, et al.,
2.2.1 Fundamentals of AI
According to Marc (2018), mimicking human aptitudes is the highlight of Artificial
Intelligence and its relevance in performing routine business tasks cannot be
undermined. A is used in various fields ranging from security, engineering, medical to
business management and many more (Kaur, 2016). There’s even the fear that in time
Analytics Engine
Backlog item refinement
Management
Decision
Back log item estimation
Risk Prediction
Risk Mitigation
Backlog item identification
Descriptive Analytics
Predictive Analytics
Prescriptive Analytics
Data inputs
Representation
Learning Engine
Feature extraction &
aggregation
Code modelling
NLP
6. to come, Artificial Intelligence will surpass the contributions of humans and take over
their jobs as a results of its potency (Munir, 2019).
The overall aim of Artificial Intelligence is the development of machines and computers
that will emulate human capabilities in the best way possible (Gunnar, 2019). Factors
such as language comprehension, neuroscience and psychology are part of the AI
strategies developers have to focus on when developing an AI system. These factors
are pivotal to enabling the AI system think like the project manager by simulating
preloaded management programs (Munir, 2019).
2.2.2 Artificial intelligence and Project Management
The table below describes the applications of AI tools and functions in different PMBOK
management processes.
AI tools and functions
Chatbot Deep Learning NLP
Scope
Management
Schedule
Management
Can schedule a meeting and
manage time
Cost
Management
Reduce costs
associated with manual
and repetitive tasks
Quality
Management
Analyzing component
data may also help to
predict which parts are
likely to fail quality
control.
NLP is capable of
identifying appropriate
contents leading to
quality output
Communication
Management
Chatbot can take over menial
tasks such as organising
meetings, listening to
meetings to assign tasks to
people with target dates, send
out actions and follow-up.
Stakeholder
Management
Collects details from meeting
and keep track of
stakeholders
Understands customer
language to provide
credible output.
Integration
Management
Table 1: AI tools and uses in Project Management
7. In addition to maintaining the above management practices, AI helps to boost the value
for the organization through the project outcomes by increasing the project portfolio with
the aid of some software algorithms (Salini et al., 2015).
Fig 2: areas artificial intelligence can be deployed for use. Adapted from (Butt,
2018)
Artificial Intelligence is applicable in several management areas. Artificial Intelligence
amasses an extensive database regarding specific information which enhances its
reasoning and problem solving abilities (Butt, 2018). AI has the ability to predict
meaningful outcomes based on variables that will inform decisions. According to
(Schwartz, 2017), the more data and information an Artificial Intelligence system is
furnished with, the more precise the decision outcomes will be.
2.2.3 AI and the Project Manager
Project managers spend ample time attending to administrative tasks but with AI
implemented, project managers will be able to dedicate more time to strategic and
8. tactical thinking thereby making necessary decisions especially those that concern
routines task. As AI becomes more effective, project managers will rely on the decisions
of the machines that will advise future trends, automate time scheduling and respond to
requests coming from superiors and staff (Belharet, et al., 2020).
AI frees up time for project managers to focus on strategic-level goals and planning.
Although it reduces labor inputs and may threaten to take away jobs, it may instead
increase the value that project management team can brings to the table. By adding
more values to significant roles, AI aids businesses achieve long-term objectives
successfully.
AI bots are capable of reducing time spent on intensive work by stepping up and
handling less intensive tasks for the project manager. The advantage this brings is that
it will allow project managers focus their attention on more innovative ways to grow the
business and groom employees. This also allows the manager devote some attention to
things that matter to him, e.g. self-development, while still leveraging on AI-enabled
project management systems (Belharet, et al., 2020).
One other advantage of Artificial Intelligence to the project manager is that it reduces
the work load on his employees such as documentation, record-keeping, and various
other activities which would normally involve a significant amount of time to get done by
hand. With this being taken care of, staffs can be utilized for other important roles that
are important for the project. The overall gain is that time and budget expenses will be
reduced (Schmelzer, 2019).
2.2.4 Risks of AI in Project Management
There is no doubt that AI technology is continuously improving the productivity, and
yielding better business outcomes. However there are certain risks and limitations
associated with its implementation which must be taken into cognizance.
Security: AI may override company security policies and this may hamper the safety of
people (Dam, Tran, Ghose, & Kamei, 2018).
Autonomy: Once placed on autopilot, AI may become fully autonomous which risks the
project manager not being able to track it or stop its operation (Gartner, 2017).
9. Privacy: Studies have it that AI cannot adequately differentiate between restricted data
and approved data and may infringe data privacy. This can result to unethical decisions.
(Belharet, et al., 2020).
Unemployment: There is always the fear that AI will take over jobs of people leaving
few employed. The risk of this is AI may not be able effectively assign task to the right
individual as it lacks people skills (Belharet, et al., 2020).
2.3Empirical Review
Munir (2019) in his research work on “How artificial intelligence can help Project
Mangers” opined that one of the finest applications of Artificial intelligence is field of
project management where it functions to administrate different projects while utilizing
existing resources. In her study, she further noted that artificial intelligence fosters a
trusted business environment because it outlines modalities to be followed and ensures
that any steps taking lead to actual goals.
3.0 Methodology
3.1 Research Approach
The design adopted for this research is descriptive survey design. Descriptive
survey involves gathering people’s opinion on what is on ground concerning the topic at
hand by the use of questionnaire. This approach is adopted for this paper because the
study will generate information from a sample population from within the area of study in
their natural environment, and also determined the subjects’ opinion on the objectives of
the research.
3.2 Method of Data Collection
This study will make use of primary source of data which will be collected through the
use of well-structured questionnaire and interview schedule. Owing to the survey
approach, a questionnaire is best suited for this study because if offers a quick way to
get results from a large audience especially since the researcher intends to use online
questionnaire. Also the questionnaire method will allow for easy analysis and
visualization of the research variables.
3.3. Samples and Sampling Techniques
The population will consist of project managers in Nigeria. But for representation sake, 5
10. companies from 5 different sectors (manufacturing, construction, IT, agriculture, and Oil
industry) will be selected at random to represent the entirety of the population. The
sample population which will be analyzed for this study will be determined using Taro
Yamen formula: sample size: =
𝑁
.
1+𝑁(0.05)2
3.4 Data Analysis
This study will first perform the preliminary coding of interview transcripts in order to
conceptualize the raw data. Frequency tables, percentages, charts and graphics will be
used as much as possible to analyze the data. For instance, this study intends to
analyze major success factors using artificial intelligence for project management in the
select case studies, and then match these milestones with a chart with variables such
as income growth.
11. Bibliography
Belharet, A., Bharathan, U., Dzingina, B., Madhavan, N., Mathur, C., & Toti, Y.-D. B. (2020).
Report on the Impact of Artificial Intelligence on Project Management1. Paris: ESII
PARIS.
Butt, A. (2018). Project Management through the lens of Artificial Intelligence. Gothenburg,
Sweden:: CHALMERS UNIVERSITY OF TECHNOLOGY.
Dam, H., Tran, G. J., Ghose, A., & Kamei, Y. (2018). Towards effective AI-powered agile
project management.
Elrajoubi, S. (2019, September). Artificial Intelligence in Project Management. Hawaii: LIGS
University.
Gartner. (2017). Digitalization's Impact on PPM Practices and the PMO by 2030. Gartner, Inc. |
G00325444.
Gunnar, A. (2019). Revisiting automated project management in the digital age – a survey of AI
approaches. Online Journal of Applied Knowledge Management.
iED Team. (2019, June 30). The 4 Industrial Revolutions. Retrieved from Institue of
Entrepreneurship Development: https://ied.eu/project-updates/the-4-industrial-
revolutions/
Kaur, P. (2016). ARTIFICIAL INTELLIGENCE. International Journal of Advanced Trends in
Computer Applications., 1-2.
Kuhl, N., Goutier, M., Hirt, R., & Satzger, G. (2019). Machine Learning in Artificial
Intelligence: Towards a Common Understanding. Hawaii International Conference on
12. System Sciences (HICSS-52). Grand Wailea, Maui, Hawai: Research Gate. Retrieved
June 16, 2021, from
https://www.researchgate.net/publication/327802544_Machine_Learning_in_Artificial_I
ntelligence_Towards_a_Common_Understanding/link/5ba55525a6fdccd3cb69db6a/dow
nload
Marc, L. (2018). AI will transform project management. Are you ready? Switzerland:
Transformation Assurance, PwC.
Munir, M. (2019). How Artificial Intelligence Can Help Project Managers. Global Journal of
Management and Business Research, 19(4), 1-2. Retrieved June 10, 2021
Phillips-Wren, G., Iyer, L. S., Kulkarni, U., & Ariyachandra, T. (2015, August). Business
Analytics in the Context of Big Data: A roadmap for Research. Communications of the
Assiociation for Information Systems, 37. doi:10.17705/1CAIS.03723
Schmelzer, R. (2019). AI in Project Management. Fobes.
Schwartz, J. (2017). The future of work: The augmented workforce. 2017 Global Human Capital
Trends.
13. Appendix 1
Fig 1: Conceptual Framework of AI and Project Management
Fig 2: Areas Artificial Intelligence can be deployed for use
Table 1: AI tools and uses in Project management
Appendix 2
Research Approach: The descriptive survey design will be adopted for this study. This
is because the research aim is to identify trends, characteristics, frequencies, and
categories of the subject, in this case the use Artificial Intelligence in Project
management.
Data Collection: Data will be collected primarily through the issuance of properly
structured questionnaire online and phone call interview schedule which will provide us
with first hand data from the respondents based on their experience and opinions. The
reason why this method of data collection chosen for this research is because a
questionnaire helps in obtaining large amounts of information from a large sample of
people and since our respondents is going to be made up of staffs and department
heads of different companies, this will be a quick cheap way to acquire data.
Sample: Using the Taro formula 𝑁
1+𝑁(0.05)2
,, the sample population will be determined.
We adopted this sampling technique because it allows us determine the sample in such
a way that all individuals in the defined population have an equal and independent
chance of being selected for the sample.
Data Analysis: The use of frequency tables, percentages, charts and graphics would
be used effectively to analyze quantitative data. Responses from interviews also need
to be transcribed and tabulated to explicate raw data.