CHAPTER 2AI-Driven Project Management (PM-AI)
Traditional AI used in project management since the 1950s is a powerful tool for data-driven decision making for various project management tasks such as analyzing a project's data, automating tasks, and enhancing every process group in the Project Management Body of Knowledge (PMBOK). For the sake of simplicity, this book will refer to project phases as Initiating, Planning, Executing, Monitoring and Controlling, and Closing.
Since the 1950s, traditional AI helped project management by automating tasks and data-driven decisions. However, modern GenAI adds a creative element to decision making, ideation, prototyping, and risk management during project development. GenAI transforms project management with advanced tools and techniques.
This book reveals new opportunities for project managers and project leaders to embrace the power of AI-driven project management (PM-AI) by harnessing the power of AI and ChatGPT to achieve peak productivity and success.
What Is Project Management?
According to the Project Management Institute (PMI), project management is “The application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.” The terminology also develops with the evolution of project management. Most organizations have their own defined project framework with phases or stages. Ask your clients or customers what kinds of deliverables they develop, the names of stages or phases in the Project ...
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