The use of Gen AI and specialized AI models for risk management would be a new trend, but I'd argue that existing principles of risk management are rarely incorporated by most organizations and teams outside of those operating at very high levels of project management maturity.
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Kiron Saving Changes...
Sergio Luis ConteHelping to create solutions for everyone| Worldwide based OrganizationsBuenos Aires, Argentina
I am aligned with Kiron Bondale comment above. As Kiron mentioned the use of generative AI has changed lot of things in risk management. I have the opportunity to use AI for risk management from long time ago. Including some tools had AI incorporated into it from long time ago too. For example for monte carlo simulation. But creating and environmet for that demanded an important initiative. Today, with generative AI, it will take few hours to run a whole process for risk management. So, it is a matter of generative AI revolution. Obviously, taking into account the risk it implies.... Saving Changes...