Thoughts of a project manager: Artificial intelligence in project management
Imagine a world where routine tasks are completed swiftly without human intervention, strategic decisions are guided by intelligent insights, and communication within teams is seamless and effective. This is not a distant utopia, but a reality shaped by the transformative power of Artificial Intelligence (AI). As a seasoned project manager with diverse industry experience, I've witnessed firsthand the revolutionary potential of AI.
Automation Revolution with AI
A large chunk of a project manager's time is often consumed by administrative tasks and routine chores. It's here where AI can lend a hand. According to a study by McKinsey
in 2016, around 45% of work activities could already be automated with the technology available at the time. This translates into significant time savings and allows project managers to focus on more complex, strategic tasks. My tenure at a leading construction company in the Bahamas serves as a perfect case study for this. I integrated AI tools into our resource planning and inventory management systems, which significantly cut down hours previously spent on administrative tasks. This newly freed time was reinvested into managing the daily technical aspects of our projects, leading to a notable uptick in overall efficiency. This result was an impressive enhancement in our operational efficiency, accuracy, and time management. This experience aligns perfectly with McKinsey's research, underlining the effectiveness of AI in automation.
Data-Driven Decision Making Enabled by AI
We live in the age of data. The ability to make sense of this data tsunami can offer businesses an invaluable competitive edge. AI, particularly with Machine Learning (ML), can analyse vast quantities of data, pinpoint trends, forecast outcomes, and even suggest appropriate actions. This empowers project managers to make more informed decisions. During my tenure working remotely as a project manager for a global construction company the use of AI-driven analytics played a critical role in our project management processes. The data insights were instrumental in identifying potential schedule and budget discrepancies, enabling us to take preventive actions.
Improved Communication Through AI
AI's influence is also powerfully felt in the realm of project team communication. Deloitte's study outlines the potential of AI tools like chatbots and virtual assistants in enhancing team communication. These digital entities can provide real-time updates on project status, resolve queries, and answer frequently asked questions. In a substantial infrastructure development firm which I was a part of, we started incorporating AIdriven communication tools to streamline our workflows. This strategic shift led to perceptibly improved communication and increased transparency across our projects.
Now, allow me to lead you down the rabbit hole. Brace yourselves.
For instance, AI can help teams identify any communication gaps that may exist and suggest effective ways to bridge them. Machine learning algorithms can analyse past project communication data to identify patterns and provide insights. For example, it could alert the project manager if certain information hasn't been acknowledged by all team members or if a crucial discussion thread has gone inactive. Moreover, AI-driven tools can be designed to learn the communication styles and preferences of team members, and subsequently customize their interaction to suit individual needs. This could mean identifying the best time to send updates to each team member or understanding what kind of information each member values most. This level of personalised communication can significantly enhance team collaboration, which is crucial for project success. AI's ability to revolutionise project team communication offers significant benefits, such as increased efficiency, reduced errors, and improved project outcomes. As we continue to explore the capabilities of AI in project management, it's clear that this technology holds tremendous potential for future transformations.
The Future is Here… A New Dawn in Project Management
The influence of AI in project management is not only tangible but incredibly potent, transcending the realm of mere technological fascination. AI's arsenal, loaded with task automation, data analytics, and sophisticated communication tools, offers a significant advantage to those project managers who are prepared to ride this wave of innovation. But let's not forget - while we harness this awe-inspiring technology, the human touch remains paramount.
As a professional hailing from a small but vibrant part of the world I am not just observing these trends passively. Instead, I see a world of possibilities opening up right in front of us, creating exciting opportunities for those daring enough to seize them. I envision AI transforming our local industries, and as a project management professional, I plan to be at the forefront of this exciting evolution. Despite being geographically small, the potential for impact is enormous. The Bahamas, with its robust tourism and construction industries, has a unique opportunity to leverage AI's capabilities for project management. From automating tasks for enhanced productivity in hotel operations to leveraging data analytics for informed decision-making in construction projects - the opportunities are boundless. It's thrilling to envision how my industry and my country will evolve as we integrate AI into our operational fabric. We might not be the biggest player on the global stage, but we can certainly be one of the most innovative. It's my fervent hope that we embrace AI sooner rather than later, helping our industries thrive in ways we could only imagine before. The future is not just coming; it's here, it's exciting, and it's ours to shape.
Author: Clay L. Adderley
hails from the Bahamas and is a passionate construction project manager. Clay's unique approach to project management stems from his distinctive educational background: he holds an Associate of Science degree in Construction Technology and a BA in Business and Enterprise. These two distinct educational backgrounds come together in his work, allowing him to combine technical construction expertise with strategic business knowledge. His strength lies in his strong communication skills and ability to use this interdisciplinary knowledge to bridge the gap between construction, site operations and business strategy, ensuring that each project is aligned with the overall business objectives.
A firm believer in the power of collaboration and team spirit, Clay has developed the ability to rally diverse teams around a common goal.
Keywords: Project management, Artificial intelligence