Project Management

PM Network

by , , ,
PM Network is the award-winning magazine for members of the Project Management Institute. This blog will highlight some of the publication's valuable information and insights, keeping you up to date on industry trends.

About this Blog

RSS

View Posts By:

Cameron McGaughy
Aaron Smith
Deryn Zakielarz
Jill Diffendal

Past Contributors:

Dan Goldfischer
cyndee miller

Recent Posts

2022 Jobs Report: Opportunity Amid Recovery

Digital Disruption and Global Megatrends 2022

Managing in the Workplace of Tomorrow

More (Earning) Power to You

From the Publisher: PM Network is going digital in 2022!

Categories

2016 PMI Project of the Year, 2016 PMO of the Year, 2017 PMI Project of the Year, 2018 PMI Project of the Year, agile, aging, airports, Arctic, Artificial Intelligence, augmented reality, automation, awards, banking, battery storage, Best Practices, BIM, books, Boston, brain, Brexit, career, Career Development, career management, careers, Caribbean, change, China, cities, clothing, cohesion, communication, Complexity, Construction, contingency, creativity, crowd control, customer centricity, customers, Decision Making, design thinking, digital technologies, digital transformation, digitization, disabled, disagreements, Disruption, disruption, disruptive technologies, Energy, engagement, entrepreneurs, feedback, fintech, fitness industry, focused data, gender, Generation Z, Generational PM, Getting It Done, Government, groceries, Healthcare, Human Aspects of PM, Human Resources, hurricanes, Inclusion, Information Technology, initiation, Innovation, innovations, integration, job interviews, jobs, KPI, law firms, Leadership, Legal Project Management, Lessons Learned, marathon projects, medical tourism, megaprojects, Mentoring, Milan, mining, Monte Carlo analysis, nanotechnology, Nigeria, organizational agility, outsourcing, Panama Canal, passive candidates, perspectives, PM & the Economy, PM Network, PMI Project of the Year, PMO, PMO, PMO of the Year, polls, professional development, Program Management, public-private partnerships, rail, railroads, real estate, references, renewables, resumes, retail, risk, risk management, risks, robotics, salary, schedule, schedule compression, schedules, scope creep, silk road, Social Responsibility, sponsors, stalled projects, standardized projects, startups, strategy, Sustainability, talent, Talent Management, talent shortage, Teams, Tech, Technology, technology, technology trends, Telecommunications, terrorism, The Project Economy, transformation, uncertainty, Virtual events, virtual reality, voice-assistant technology, women, Women in PM

Date

Decisions, Decisions: Making the Right Call With AI

linkedin twitter facebook Request to reuse this  

There’s a whole lot of data out there. That’s all well and good, but it does leave us with one small problem: There’s not enough brainpower to turn all that information into sound decisions.

Artificial intelligence, machine learning and all that other disruptive tech we hear so much about could be the antidote to the data deluge. But that’s been the mantra for an awfully long time. So PM Network® asked three project leaders to weigh in on where AI really stands… and where it could go.

It’s not about robots helping us choose what to wear or what to order from the market (although that is pretty cool). For project teams, it’s more about the potential to process loads of data to reveal relationships, identify risks and predict outcomes.

“AI can then derive patterns … that we can use to make better-educated estimates, like whether you’ll finish a project on time,” says Audrius Zujus, founder and CEO of Aresi Labs.

AI can also help plug the holes left by human nature, says Geetha Gopal, PMP, assistant manager, product owner, bot services and projects at Daimler South East Asia. “Ultimately, data-driven decision making will help project managers to look beyond common intuitive biases.”

AI has its limits, however.

“People misuse the terms ‘AI’ or ‘machine learning’ as if they’re magic that can do anything we want,” says Bruno Rafael de Carvalho Santos, CAPM, PMP, project manager at the Sedimentary Geology Laboratory and Coppetec Foundation. Spoiler alert: They can’t. Not yet.

Still, things are moving pretty fast. Over the next three years, project leaders expect the share of projects they manage using AI will increase from 23 percent to 37 percent, according to PMI’s 2019 AI Innovators: Cracking the Code on Project Performance report.

What does that mean for careers? Will AI will replace human project managers? Not likely—although it may change their role. “Machine learning tools and automation will free people from tedious, repetitive activities so they can focus on strategic activities,” says Ms. Gopal.

It’s admittedly easy to get caught up in the swirl of negative news about technology. Some of this stuff is legitimately scary. But harnessed in the right way, tech can also help project managers achieve amazing things. Case in point: The same issue of PM Network covers how next-gen tech is helping teams map plans to restore the nearly destroyed Notre Dame Cathedral. A 3D laser scan of the historic structure has generated documentation that can tell teams the precise curves of a flying buttress or the original thickness of support beams that might need to be replaced.

That’s how we should be using tech. But are we?

Posted by cyndee miller on: September 09, 2019 01:47 AM | Permalink | Comments (1)

Our IT Columnist Looks Into Her Crystal Ball

linkedin twitter facebook Request to reuse this  

The future will be here before you know it. It’s best to be prepared. Priya Patra, PMP, IT columnist for PM Network and a regular contributor to ProjectManagement.com, has you covered.

Her latest column looks at what project managers can expect their role to look like in the year 2033, just 15 years away. If you think that digital disruption will change that role—you are right.

Priya covers three areas in her gaze into the crystal: automation, robotics and artificial intelligence (AI). Automation, she says, will take tedious drudgery of documentation out of project managers’ lives and allow them to focus on more creative tasks. Bots will collect and distribute information and will actually join teams, alongside humans, that project professionals will manage.

AI will take things a step forward and attune project managers to the social and emotional well-being of their teams. This will mean project managers’ people skills will be even more essential.

Priya doesn’t want you to be frightened of the future, but rather celebrate it. The world will still need project managers, even if their role appears different than today. And that is true no matter where technology is taking us to—and how fast it is getting there.

Posted by Dan Goldfischer on: March 12, 2018 03:29 PM | Permalink | Comments (6)

Technology and the Retail Store

linkedin twitter facebook Request to reuse this  

You may have noticed some gaps in shopping malls lately. Brick-and-mortar stores are taking a beating as more and more consumers turn to online shopping. Store chains are not throwing in the towel, however. Many are using next-generation technology to appeal to shoppers, and that means projects. The July PM Network takes a look at what’s in store for retailers, including virtual reality, augmented reality and artificial intelligence. Communication with stakeholders, especially store employees, is essential for these projects to succeed. Filip Fischier, strategic initiative portfolio manager with Ikea Group, explains in an interview how his organization, with 340 stores in 28 countries, is integrating technology such as consumer-designed kitchens across its global footprint.

Posted by Dan Goldfischer on: July 07, 2017 03:02 PM | Permalink | Comments (9)
ADVERTISEMENTS

"A day without sunshine is like, you know, night."

- Steve Martin

ADVERTISEMENT

Sponsors