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The Role of AI in Risk Management

Managing project uncertainty, or risk management, is at the core of any successful project. Whether building a state-of-the-art skyscraper or launching a groundbreaking software application, project managers face myriad uncertainties that can make or break the project. In an ever-changing world, traditional risk management practices often fall short. Enter generative artificial intelligence (AI), it simply excels at project risk management.

From identifying and analyzing risks to planning responses and monitoring progress, AI technologies like ChatGPT are reshaping the risk management landscape. They bring a level of precision, efficiency, and insight previously unattainable. But how exactly does AI achieve ...

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