Project Challenges

In June 2023, we embarked on a exciting journey to explore the uncharted territories of Atificial Intelligence within Project Management.

The rapid technological advancements an the transformative potential of AI elevated our curiosity, leading us to conduct a comprehensive survey among experts and practitioners worldwide.

AI can enhance project management through automation of repetitive tasks and anable more efficient scheduling, resource allocation, and risk assessment.

Join Ricardo Vargas and Antonio Nieto-Rodriguez in an exclusive webinar where they share the results of the groundbreaking survey exploring the adoption, challenges, and prospects of AI in project management across diverse industries and geographical regions. With almost 800 answers and participants from 93 countries, it is the largest survey ever done on this topic and the first global survey covering the new frontiers of Generative AI!

In this episode, Ricardo discusses the dilemma of maintaining trust while conveying truths that may not always be pleasant to hear. He emphasizes the critical role of honesty and transparency in project management, despite the challenges they might bring. Ricardo uses his experience and shares real-life instances where telling hard truths was vital for the ultimate success of a project.

PMOtto, your AI-powered assistant for all things Project Management, leverages the advanced GPT-4 model, integrating it with one of the industry's most comprehensive project management datasets. The functionality of PMOtto is designed around three layers. The foundation is rooted in GPT-4's large language models. The second layer constitutes our unique project management layer.

PMOtto, your AI-powered assistant for all things Project Management, leverages the advanced GPT-4 model, integrating it with one of the industry's most comprehensive project management datasets. The functionality of PMOtto is designed around three layers. The foundation is rooted in GPT-4's large language models. The second layer constitutes our unique project management layer.

In this episode, Ricardo digs into the uncanny world of zombie projects - the projects that refuse to die despite their draining effects on organizational resources. He explores the mystery behind their existence, highlighting factors such as the fear of failure and the misgivings around abandoning sunk costs.

In this week's episode, Ricardo explores a crucial concept for achieving successful project delivery: "swallowing the fish." This idea, originating from the book "Technology as a Service Playbook" by Thomas Lah and JB Wood, is represented by a graph that forms the shape of a fish, depicting a decline in revenue and an increase in expenses.

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.

Join Ricardo Vargas and Antonio Nieto-Rodriguez in an open and dynamic AMA (Ask Me Anything) session dedicated to your burning questions about the upcoming masterclass, "AI-Driven Project Management Revolution." - Seek clarifications, delve deeper into the course content, or explore further what to expect from this transformative journey that begins on June 5th.

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.

Technology has begun to transform how organizations deliver projects, and rapid change lies ahead. What role will leaders play when AI is deployed in project management?

While AI is not yet a standard tool in the world of projects and project management, there is no doubt that it will disrupt this discipline, and probably faster than we expect. The prospect of that transformation seems almost incredible: in most organizations the tools used to manage projects remain relatively basic compared to the sophisticated digital technology being deployed in other parts of business. Most projects are still managed with Microsoft Office tools, such as Excel and PowerPoint. Can you imagine running your business and operations with spreadsheets? Well, that reflects how little technology has evolved in project management.

Join Ricardo Vargas and Antonio Nieto-Rodriguez in this recorded Q&A session after the "Applications of AI in Project Management" webinar. The webinar explored how the latest advancements and tools in artificial intelligence (AI) are transforming project management, providing new insights, efficiencies, and opportunities for organizations of all sizes. This session summarizes the primary audience's questions and their answers to them.

Recorded on May 16th, 2023. Join Ricardo Vargas and Antonio Nieto-Rodrigues in their new webinar "Applications of AI in Project Management". The webinar will explore how the latest advancements and tools in artificial intelligence (AI) are transforming the field of project management, providing new insights, efficiencies, and opportunities for organizations of all sizes.

In this video, Ricardo explains in detail how to calculate the critical path. It explains with examples how to calculate the forward pass and the backward pass, as well as the free and total floats.