Project Management

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Technology offers an incredible opportunity to improve project performance. This blog shares the latest research and how organizations are implementing AI into their project methodology. Come with an open mind, increase your knowledge, share your concerns, and become a project manager with new skills to offer an organization.

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How Reinforcement Learning is Used in Project Management

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Reinforcement learning is a process of making decisions based on avoiding previous mistakes.  As humans, we interact with the world, learning the actions we need to take to achieve our goals. When we learn to ride a bicycle, we learn balance and steering to avoid falling over. In machine learning, reinforcement learning is an algorithm that learns to make the correct decision through trial and error. In the world of project management, we call this experience. Similar to gaining experience, the AI-based algorithm needs historical data. Reinforcement learning algorithms can start with no data and gradually become an expert by learning from mistakes in a game such as chess. However, this may not be the best strategy for managing a project.

Computers can retain a lot of data and have excellent recall. Think of an issue that is captured for a project in progress. What is the problem, and how do we plan to solve it? Project managers gather data and think about possible solutions. We use reinforcement learning in this situation because we avoid a solution that we know failed in the past. Now, think about having a database that contains all the decisions for a similar issue in numerous previous projects. The project manager avoids decisions that do not work and tries a new solution. If the new solution is successful, the reward is feeling good about making the correct decision.

I suggest to my project management students that they start their own project issues database as soon as they are employed in a project role. They can capture the project problem details, the project conditions or environment, the decision made, and if it was successful or not.

Project

Issue

Project characteristics

Project environment

External conditions

Decision

Decision success (Y/N)

 

 

 

 

 

 

 

Capturing project decisions is a simple way to create data that an AI algorithm can use to improve project performance. Algorithms use this process by being able to access previous project information to help project managers make better decisions. Imagine if a project manager never made the same mistake twice!

Reinforcement learning is not at the top of the list for AI in project management because supervised and unsupervised learning are easier to work with and provide statistical results. However, this type of algorithm can be a powerful tool for helping project managers make good decisions.   

 

  

Posted on: January 08, 2024 12:00 AM | Permalink | Comments (3)

Three Skills Project Managers Need When Using AI in Projects

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Project managers are inundated with training and education opportunities. As AI becomes more common in how projects are managed, project managers must ensure they have the right skills to be successful.      

1) Fundamentals of machine learning (ML) and natural language processing (NLP). Whether the AI-based solution is provided by a vendor or created internally by programmers, the project manager should understand the fundamental capability of these two components. Machine learning is the engine that drives most but not all AI solutions. A software program uses loops or iterations to refine the correlation performed by regression analysis. Hyperparameters are set before the program begins and include items such as the number of iterations and the number of layers in the neural network. It is essential to be able to ask relevant questions, such as the number of datasets used to make the prediction.

NLP uses numerous techniques to interpret language and generate a response. Generative AI, such as ChatGPT, depends on a corpus or body of work to provide useful responses since the data that is accessed significantly impacts the output. A project manager understands project information and needs to be involved in how project data is applied to Generative AI tools.

2) Data management. AI requires data, and, in most situations, relevant data will be more important than volumes of data. Data wrangling and feature engineering are necessary for proper input. An information technology (IT) person and a data scientist will not understand the nuances of project data. The project manager is the best person to identify the correct data, relevant data fields, and amount of data required for AI tools.

3) Math and statistics. AI is based on math. The algorithms use regression analysis to produce results. Statistics is an important component for understanding and interpreting the output. A high-level degree in math is not required. However, project managers must become familiar with managing different aspects of statistical analysis. What is an outlier? Can the outlier be ignored, or is it the start of a new trend?

Project managers have a critical role in the adoption and successful application of AI to improve project performance. There are new areas where training and additional knowledge are essential for this process. Collaborating with AI tools is an opportunity for project managers to demonstrate their value to project stakeholders. Improving these three skills should help you improve your value to any organization. 

 

Posted on: December 13, 2023 02:05 PM | Permalink | Comments (10)

Three Areas Where AI Will Replace Project Manager Functions

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In my previous blog, I stated three reasons why AI will not be able to replace project managers.  That should not make anyone complacent.  AI will change how projects are managed, and in this blog, I explain three areas where AI will replace the project manager functions and deliver improved project performance.

  1. Administrative tasks.  Tools already exist to perform functions such as organizing a meeting and creating a project status report.  Known as Robotic Process Automation (RPA), this clever software captures a standard sequence of events familiar to project managers but adds the ability to handle more complexity.  When searching for a meeting time, RPA checks calendar availability for all participants books the time, and sends out meeting invitations to reserve the time.  
  2. Decision making.  The first step for better decision-making is to build a knowledge repository.  This requires a well-conceived data strategy and comprehensive data capture on the selected issues.  For example, once the actions are captured that successfully resolve an issue, that action can be used again when faced with similar conditions.  Imagine capturing issues and risk responses for every project in the organization over ten years.  That becomes a valuable resource for decision-making that can be successfully utilized to avoid the bias of a human project manager making a decision. AI can review and analyze vast amounts of data faster and more effectively than humans.
  3. Team building.  Pundits continue to suggest that AI can never handle the people side of managing projects without providing evidence to support their position.  One survey revealed that a majority of employees would rather work for a robot than their current manager.  How does a robot build a strong team?  AI tools capture sentiment analysis to better understand the performance and feelings of project team members.  This analysis is used for actions such as providing additional communication, clarification, or customized individual communication.  Next, based on task performance, an AI software agent provides unemotional, unbiased feedback to project team members on an individual basis.  Each team member now has a private coach to enhance their work habits, skills, and personal development. 

An AI-based project agent will eventually be much better than a project manager in these areas.  I will not predict when this will happen since it depends on a comprehensive change management process as AI-based tools are deployed in the project methodology.  Achieving the result also requires collaboration between a project manager and AI tools to make this vision a reality.

Posted on: December 04, 2023 12:00 AM | Permalink | Comments (9)

Three Reasons Why AI Won’t Replace Project Managers

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Fear of new technology is often based on the belief that it results in a loss of jobs. As technology such as artificial intelligence (AI) becomes more prevalent in updating project methodologies, project managers ask the same question. Will we still need project managers?  Using AI in projects is growing because it improves project performance and increases project success rates. Below is my opinion on why AI will not be able to replace the project manager role.     

  1. Managing data.  AI, especially machine learning algorithms, requires structured and relevant data.  From my experience working with organizations, they have a lot of project data, but it is unstructured, not easily accessible, and often misses important data points.  Project managers need to define a project data strategy, provide constant updates for data used as input to AI tools, and ensure the data being collected is the most relevant to the project type or organization. This is not a function that an IT person or a business specialist can provide. A project manager knows project management language and concepts such as the critical path and earned value.
  2. Interpreting results and taking appropriate action.  AI is based on math, not myth. Project managers need to interpret machine learning output and determine what actions are required.  AI algorithms produce a prediction or perform classification.  Prediction is unlikely to be a 100% probability, and a classification result may include pointless outliers. A project manager with knowledge of statistics can determine the proper evaluation and next steps toward a decision.
  3. Collaborating.  Studies show that when people collaborate with AI tools, the results are better than either could achieve on their own.  As shown in reasons 1 and 2 above, project managers have a critical role in optimizing this technology's effectiveness.

The knowledge required to be a great project manager will change, and the role will be slightly different.  As mundane tasks, such as creating a project status report and organizing a team meeting, are automated, there will be other more interesting and challenging tasks for project managers to perform that will improve project performance.

My next blog outlines how AI-based tools can replace project managers.

Posted on: November 20, 2023 12:00 AM | Permalink | Comments (7)

Three Reasons Why AI Won’t Replace Project Managers

linkedin twitter facebook Request to reuse this  

Fear of new technology is often based on the belief that it results in a loss of jobs. As technology such as artificial intelligence (AI) becomes more prevalent in updating project methodologies, project managers ask the same question. Will we still need project managers?  Using AI in projects is growing because it improves project performance and increases project success rates. Below is my opinion on why AI will not be able to replace the project manager role.     

  1. Managing data.  AI, especially machine learning algorithms, requires structured and relevant data.  From my experience working with organizations, they have a lot of project data, but it is unstructured, not easily accessible, and often misses important data points.  Project managers need to define a project data strategy, provide constant updates for data used as input to AI tools, and ensure the data being collected is the most relevant to the project type or organization. This is not a function that an IT person or a business specialist can provide. A project manager knows project management language and concepts such as the critical path and earned value.
  2. Interpreting results and taking appropriate action.  AI is based on math, not myth. Project managers need to interpret machine learning output and determine what actions are required.  AI algorithms produce a prediction or perform classification.  Prediction is unlikely to be a 100% probability, and a classification result may include pointless outliers. A project manager with knowledge of statistics can determine the proper evaluation and next steps toward a decision.
  3. Collaborating.  Studies show that when people collaborate with AI tools, the results are better than either could achieve on their own.  As shown in reasons 1 and 2 above, project managers have a critical role in optimizing this technology's effectiveness.

The knowledge required to be a great project manager will change, and the role will be slightly different.  As mundane tasks, such as creating a project status report and organizing a team meeting, are automated, there will be other more interesting and challenging tasks for project managers to perform that will improve project performance.

My next blog outlines the areas where AI-based tools will replace project managers.

Posted on: November 19, 2023 12:00 AM | Permalink | Comments (3)
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