AI will eliminate many project management tasks

By 2030, 80 per cent of the work of today’s project management (PM) discipline will be eliminated as artificial intelligence (AI) takes on traditional PM functions such as data collection, tracking and reporting, according to Gartner, Inc.

“AI is going to revolutionize how program and portfolio management (PPM) leaders leverage technology to support their business goals,” said Daniel Stang, research vice president at Gartner. “Right now, the tools available to them do not meet the requirements of digital business.”

 

Evolution of PPM Market

Providers in today’s PPM software market are behind in enabling a fully digital programme management office (PMO), but Gartner predicts AI-enabled PPM will begin to surface in the market sometime this year. The market will focus first on providing incremental user experience benefits to individual PM professionals, and later will help them to become better planners and managers. In fact, by 2023, technology providers focused on AI, virtual reality (VR) and digital platforms will disrupt the PPM market and cause a clear response by traditional providers.

 

PPM as an AI-Enabled Discipline

Data collection, analysis and reporting are a large proportion of the PPM discipline. AI will improve the outcomes of these tasks, including the ability to analyse data faster than humans and using those results to improve overall performance. As these standard tasks start to get replaced, PPM leaders will look to staff their teams with those who can manage the demands of AI and smart machines as new stakeholders.

 

“Using conversational AI and chatbots, PPM and PMO leaders can begin to use their voices to query a PPM software system and issue commands, rather than using their keyboard and mouse,” said Mr Stang. “As AI begins to take root in the PPM software market, those PMOs that choose to embrace the technology will see a reduction in the occurrence of unforeseen project issues and risks associated with human error.” 

Standard Chartered teams up with Alibaba Group to leverage AI technologies, enhancing operations...
IFS introduces a new Emissions Management module in partnership with Climatiq to embed...
ACTFORE secures a pioneering patent in the data mining field, revolutionising breach response with...
A new vision for AI design emphasises the importance of humanities and cultural understanding for...
Confluent announces a $200 million investment to enhance its partner ecosystem, driving innovation...
Arctera unveils updates to help organisations manage AI compliance risks through capture,...
Parallel Works introduces its ACTIVATE AI Partner Ecosystem, enhancing AI infrastructure with...
Korean researchers develop a cutting-edge NPU core enhancing generative AI performance by over 60%...