As a senior project sponsor, you oversee a complex portfolio of projects with a combined budget exceeding $50 million. One of these is a high-stakes transformation project to modernize your company's production facilities. As you sit down for the weekly status update meeting, you're greeted by an AI-driven bot. It seamlessly synthesizes information from multiple projects into actionable insights, providing a clear snapshot of your entire project portfolio.
When it comes to artificial intelligence (AI), project leaders should ask themselves two key questions. First: Are my organization and I willing to adopt AI-inspired tools as part of the ordinary course of doing business, particularly in project management? This question will give you a sense of your organization’s appetite for adopting machine learning (ML)–inspired technology. The second—and, in fact, the more critical question—is: Are my organization and I ready to take this important leap forward? This question will give you a sense of how quickly you can identify and apply AI to projects.