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OVERVIEW OF PMI
INFINITY
Ranjith Nair
Director of Innovation, PMI
8 APRIL 2024 2
Ranjith Nair
Director of Innovation @ PMI leading
Product Development of PMI Infinity
• Launched PMI Micro-credentials.
• Launched PMI Study Hall
• Relaunched PMI-RMP
• Led product development for a few large financial
organizations
LinkedIn - www.linkedin.com/in/ranjithnairraju
Agenda
8 APRIL 2024 3
• Research - State of AI Adoption
• About PMI Infinity
• Demo
• The Future of Infinity
• Get Connected
• Q&A
1980s
1990s
2000s
2010s
2020s
AI/Expert Systems to support PM.
Rule-based systems.
“Automated Project-
Management”
NNs applied to construction projects. Agent-
based Project Management
Neural Networks
Applications in cost, scheduling, and
several other areas
Data-analytics + ML
Exponential growth of
studies and proposals
AI / ML applications to PM
Beginning of mainstream use of AI
(Generative AI applications)
Advanced LLMs and NLPs
© Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI.
Capitalizing on AI Democratization
ChatGPT 3.5
Inflection point in
adoption; Fastest app to
hit 100m users
2022
4
81%
of project professionals
report their organizations
are being impacted by
AI technologies
PMI Research – AI Innovators: Cracking the Code on Project Performance
Top technologies increasing productivity:
• Robotic process automation
• Reinforcement learning
• Machine learning
Top technologies increasing quality:
• Anti-bias solutions
• Expert systems
• Knowledge-based systems
© Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI.
89%
AI and GenAI are top-
three tech priority for
2024
Source: BCG AI Radar: From Potential to Profit with GenAI. January 2024.
© Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI.
New research with 1,406 Executives indicates organizations are still waiting to make big
moves
66%
of executives are ambivalent or outright
dissatisfied with their organization's
progress on AI/GenAI.
90%
of all executives are either waiting for
GenAI to move beyond the hype or
experimenting in small ways.
8 APRIL 2024 7
Enterprise
Spending on LLMs
to increase 2.5x
Source: Andreessen. Horowitz - 16 Changes to the Way Enterprises Are Building and Buying Generative AI
© Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI.
8 APRIL 2024 8
PMI Infinity aims to maximize
project success, leading to
Enterprise cost savings
Source: Andreessen. Horowitz - 16 Changes to the Way Enterprises Are Building and Buying Generative AI
© Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI.
What is the challenge we are
addressing?
Over 70% of projects fall short of their objectives. Why?
Some of the contributing factors include budget
overruns, scheduling conflicts, suboptimal decision-
making, resource scarcities, and ineffective project
management methods.
For every $1 billion spent, organizations typically lose
$97 million because of inefficient project practices.
The role of project managers is pivotal for project
success, yet they often grapple with inadequate skills,
tools, and time to navigate the myriad of obstacles
encountered during project execution.
8 APRIL 2024
PMI INFINITY 9
© Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI.
Value Proposition Hypothesis
Provide project professionals with an AI copilot that
provides accurate and trustworthy responses that can:
▪ Answer project management queries
▪ Recommend actions to address project issues
▪ Help improve productivity and efficiency through AI
tools
…resulting in increased project success.
8 APRIL 2024
PMI INFINITY 10
© Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI.
What is PMI Infinity?
PMI Infinity is an advanced AI copilot designed for project professionals, offering accurate and reliable solutions for project
management queries and recommendations for resolving project issues. The tool features a conversational interface, curating
relevant information from the vast PMI content library. It leverages Open AI’s GPT architecture.
8 APRIL 2024
PMI Infinity 11
Community-generated
knowledge platform
Trusted and Vetted
Knowledge Base
Smart navigation of 14,000+ pieces
of PMI content
Cites original content sources for
further reading
Recommends Prompts for
deeper exploration
© Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI.
PMI Infinity Demo
8 APRIL 2024
PMI INFINITY 12
PMI Infinity Use Case
• As the Scrum Master in a tech startup, I'm guiding an Agile team through the development of an innovative
health and fitness mobile app.
• The app is set to be completed in six months with bi-weekly sprints.
• I've noticed lately that there’s been a decrease in team morale. I believe this is mainly because we're failing
to meet our sprint goals.
• The sprint retrospectives, designed for reflection and adaptation, are increasingly frustrating as the team
faces the reality of not meeting our sprint expectations.
• It seems our estimation process may need improvement.
• Let´s see how PMI Infinity can help me to help my team.
8 APRIL 2024
PMI Infinity 13
PMI Infinity -
8 APRIL 2024
PMI INFINITY 14
Tools
Content
Community
Guided
Experiences
Domain
Experts
Content from organizations
recognized as specialists
in specific fields.
Project
Efficiency
Co-
developed
Learning
Integrated with PMI
Learning Products.
Increase project efficiency
through productivity tools.
Co-developed with
Domain Experts
PMI
Proprietary
Content
Community experts including industry
professionals, chapters & volunteers, and
ATPs contribute to peer-reviewed content.
Academic
Institutions
Integrating world-class
academic content from top
universities and researchers.
Guided experiences enhance the
power of Gen AI to achieve a
learning or a task-based outcome
PMI standards, guides, course
transcripts, Learning library,
and other relevant content.
Prompt
Library/
Tutorials
GPT4
Guided experiences enhance the
power of Gen AI to achieve a
learning or a task-based outcome
Co-developed with
Domain Experts
• PMI Infinity
• PMI Digital Community
• Thought Leadership
• AI Online Courses
© Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI.
15
8 APRIL 2024
PMI INFINITY 16
Stay Connected With Us!
Scan the QR Code
fill out the form,
and get valuable information
to continue the journey.
Reach us - infinity@PMI.org for any questions
LinkedIn - www.linkedin.com/in/ranjithnairraju

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Overview PMI Infinity - UK Chapter presentation

  • 1. OVERVIEW OF PMI INFINITY Ranjith Nair Director of Innovation, PMI
  • 2. 8 APRIL 2024 2 Ranjith Nair Director of Innovation @ PMI leading Product Development of PMI Infinity • Launched PMI Micro-credentials. • Launched PMI Study Hall • Relaunched PMI-RMP • Led product development for a few large financial organizations LinkedIn - www.linkedin.com/in/ranjithnairraju
  • 3. Agenda 8 APRIL 2024 3 • Research - State of AI Adoption • About PMI Infinity • Demo • The Future of Infinity • Get Connected • Q&A
  • 4. 1980s 1990s 2000s 2010s 2020s AI/Expert Systems to support PM. Rule-based systems. “Automated Project- Management” NNs applied to construction projects. Agent- based Project Management Neural Networks Applications in cost, scheduling, and several other areas Data-analytics + ML Exponential growth of studies and proposals AI / ML applications to PM Beginning of mainstream use of AI (Generative AI applications) Advanced LLMs and NLPs © Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI. Capitalizing on AI Democratization ChatGPT 3.5 Inflection point in adoption; Fastest app to hit 100m users 2022 4
  • 5. 81% of project professionals report their organizations are being impacted by AI technologies PMI Research – AI Innovators: Cracking the Code on Project Performance Top technologies increasing productivity: • Robotic process automation • Reinforcement learning • Machine learning Top technologies increasing quality: • Anti-bias solutions • Expert systems • Knowledge-based systems © Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI.
  • 6. 89% AI and GenAI are top- three tech priority for 2024 Source: BCG AI Radar: From Potential to Profit with GenAI. January 2024. © Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI. New research with 1,406 Executives indicates organizations are still waiting to make big moves 66% of executives are ambivalent or outright dissatisfied with their organization's progress on AI/GenAI. 90% of all executives are either waiting for GenAI to move beyond the hype or experimenting in small ways.
  • 7. 8 APRIL 2024 7 Enterprise Spending on LLMs to increase 2.5x Source: Andreessen. Horowitz - 16 Changes to the Way Enterprises Are Building and Buying Generative AI © Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI.
  • 8. 8 APRIL 2024 8 PMI Infinity aims to maximize project success, leading to Enterprise cost savings Source: Andreessen. Horowitz - 16 Changes to the Way Enterprises Are Building and Buying Generative AI © Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI.
  • 9. What is the challenge we are addressing? Over 70% of projects fall short of their objectives. Why? Some of the contributing factors include budget overruns, scheduling conflicts, suboptimal decision- making, resource scarcities, and ineffective project management methods. For every $1 billion spent, organizations typically lose $97 million because of inefficient project practices. The role of project managers is pivotal for project success, yet they often grapple with inadequate skills, tools, and time to navigate the myriad of obstacles encountered during project execution. 8 APRIL 2024 PMI INFINITY 9 © Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI.
  • 10. Value Proposition Hypothesis Provide project professionals with an AI copilot that provides accurate and trustworthy responses that can: ▪ Answer project management queries ▪ Recommend actions to address project issues ▪ Help improve productivity and efficiency through AI tools …resulting in increased project success. 8 APRIL 2024 PMI INFINITY 10 © Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI.
  • 11. What is PMI Infinity? PMI Infinity is an advanced AI copilot designed for project professionals, offering accurate and reliable solutions for project management queries and recommendations for resolving project issues. The tool features a conversational interface, curating relevant information from the vast PMI content library. It leverages Open AI’s GPT architecture. 8 APRIL 2024 PMI Infinity 11 Community-generated knowledge platform Trusted and Vetted Knowledge Base Smart navigation of 14,000+ pieces of PMI content Cites original content sources for further reading Recommends Prompts for deeper exploration © Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI.
  • 12. PMI Infinity Demo 8 APRIL 2024 PMI INFINITY 12
  • 13. PMI Infinity Use Case • As the Scrum Master in a tech startup, I'm guiding an Agile team through the development of an innovative health and fitness mobile app. • The app is set to be completed in six months with bi-weekly sprints. • I've noticed lately that there’s been a decrease in team morale. I believe this is mainly because we're failing to meet our sprint goals. • The sprint retrospectives, designed for reflection and adaptation, are increasingly frustrating as the team faces the reality of not meeting our sprint expectations. • It seems our estimation process may need improvement. • Let´s see how PMI Infinity can help me to help my team. 8 APRIL 2024 PMI Infinity 13
  • 14. PMI Infinity - 8 APRIL 2024 PMI INFINITY 14 Tools Content Community Guided Experiences Domain Experts Content from organizations recognized as specialists in specific fields. Project Efficiency Co- developed Learning Integrated with PMI Learning Products. Increase project efficiency through productivity tools. Co-developed with Domain Experts PMI Proprietary Content Community experts including industry professionals, chapters & volunteers, and ATPs contribute to peer-reviewed content. Academic Institutions Integrating world-class academic content from top universities and researchers. Guided experiences enhance the power of Gen AI to achieve a learning or a task-based outcome PMI standards, guides, course transcripts, Learning library, and other relevant content. Prompt Library/ Tutorials GPT4 Guided experiences enhance the power of Gen AI to achieve a learning or a task-based outcome Co-developed with Domain Experts
  • 15. • PMI Infinity • PMI Digital Community • Thought Leadership • AI Online Courses © Project Management Institute, Inc. All rights reserved. No copying or other use is permitted without the expressed permission of PMI. 15
  • 16. 8 APRIL 2024 PMI INFINITY 16 Stay Connected With Us! Scan the QR Code fill out the form, and get valuable information to continue the journey. Reach us - infinity@PMI.org for any questions LinkedIn - www.linkedin.com/in/ranjithnairraju