The Implementation of Artificial Intelligence in Project Management

Bharati, Aditi and Sandbrink, Christoph (2024) The Implementation of Artificial Intelligence in Project Management. KEEP ON PLANNING FOR THE REAL WORLD. Climate Change calls for Nature-based Solutions and Smart Technologies. Proceedings of REAL CORP 2024, 29th International Conference on Urban Development, Regional Planning and Information Society. pp. 627-636. ISSN 2521-3938

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Abstract

Successful Project Management plays a more than ever before central and crucial role in Smart City Planning and Operations in times of multiple examples of public funded major project, which could only be realized paired by cost explosions and long expanded timelines. The central idea for this research is to implement the current achievements of Artificial Intelligence resulting in innovative Project Management. The implementation of Artificial Intelligence (AI) in Project Management (PM) has gained significant attention, with roots dating back to 1987 but experiencing recent advancements in machine learning and data analytics. AI has the potential to revolutionize project management, affecting planning, scheduling, risk management, and decision-making. However, its impact on working personnel remains a debated topic. This thesis explores the impact of Artificial Intelligence (AI) on project management, specifically focusing on its effects on employees. It aims to understand how AI adoption can enhance project management processes, improve certain areas of PM, and boost productivity, while also addressing ethical concerns. The research combines literature analysis and semi-structured interviews with project managers from Europe and India to investigate the advantages and challenges of integrating AI in project management. It highlights benefits such as workload reduction, better decision-making, and access to insightful data through AI-driven analytics. Moreover, the study underscores the importance of addressing ethical issues like algorithmic bias, data privacy, and decision-making transparency associated with AI adoption. It emphasizes the need for providing proper training and support to team members to ensure successful AI utilization and mitigate potential opposition or anxiety among project stakeholders. Overall, this research contributes to the ongoing discourse on AI's role in project management by emphasizing its benefits for employees. It aims to provide insights into AI integration to guide future strategies while prioritizing ethical considerations and ensuring the effectiveness and well-being of project management teams.

Item Type:	Article
Uncontrolled Keywords:	machine learning, smart city planning, artificial intelligence, project leadership, project management
Subjects:	H Social Sciences > HB Economic Theory Q Science > QA Mathematics > QA75 Electronic computers. Computer science Q Science > QA Mathematics > QA76 Computer software
Depositing User:	REAL CORP Administrator
Date Deposited:	30 Apr 2024 08:42
Last Modified:	10 May 2024 09:05
URI:	http://repository.corp.at/id/eprint/1127

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