There was a time when the project planning started on paper and somehow ended there. But with the advent of technology, the use of spreadsheets, slides, calendars, and some basic applications helped to ease managing a project. But even after several decades, these tools have not evolved much. And many business leaders still rely on these tools to manage their projects.

But these have proved to be not so efficient. According to Standish Group, approximately $45 trillion is invested in various projects across the globe. Out of the total projects, only 35% become successful and trillions of dollars are wasted without any fruitful result.

But there is good news coming from all corners of the world. Now, various tools are being developed that are using artificial intelligence to make project management more efficient. As the Gartner research has predicted, by 2030 almost 80% of project management tasks will be managed by AI technology mainly, Machine Learning, data science, and NLP. The top business management professionals should focus on getting themselves ready for this revolution. Getting certified by the best AI leadership programs will prove to be very beneficial for them as well as their organizations.

So, let us have a look at different project management tasks, right from planning to execution and completion, which can be done via AI. We will also see different challenges faced by organizations in implementing AI in their PM, and check if your organization is future-ready.

What different PM tasks can be benefited from the application of AI?

As an AI leader, imagine yourself getting notifications about the status of each step of the project you are leading. And with just a few taps and clicks you find out where the project is lagging and what proactive measures to be taken. Sounds fascinating, right? But it is becoming a reality. Here are various project management tasks that will soon be automated, and will become more time-efficient with the introduction of AI in PM.

1. Selecting and Prioritizing Projects:
Often, the selection and prioritization of Projects are based on past data and professional experience of the business leaders. So, it gives rise to human bias as well. Therefore, with the implementation of AI and data science, the right project can be selected and prioritized that has a better chance of being successful.

2. Planning and reporting
With AI in place and the power of data, project planning will become faster and error-free. Also, since there will be proper estimated data on cost allocation, the time frame of each task, and the human capital allotted, monitoring and reporting of the project can be more accurate.

3. Enabling effective collaboration with Virtual Assistants
Imagine how convenient it will be to just update the status of the task with your voice command. This has become life in action through Oracle’s Project Management chatbots.  These AI-powered virtual assistants, similar to ChatGPT, can help summarize reports, translate them, or even Generate new ideas making the communication and collaboration between project staff and stakeholders more convenient.

4. Advanced testing systems
Testing, as we know, is another important aspect of project management. Any software project or model requires proper testing before it can be deployed. So with the help of AI, testing can be automated. AI project management tools can help identify and eliminate the error in the project.

Role of AI Leadership in Implementing AI in Project Management
Though AI is going to completely transform the project management landscape, AI leaders also have a crucial role to play in it. They must be well versed in AI technology and have a clear understanding of how to empower their staff with the right AI skills to properly utilize AI in their project. Therefore, we recommend the top management enroll in AI leadership certification so that they can understand the concepts and application of AI in their leadership.



One such AI certification is the Certified AI Transformation Leader (CAITL™) certification program offered by the United States Artificial Intelligence Institute (USAII®). This institute offers AI certifications for students and AI professionals with varied levels of experience. Widely recognized across the globe, the certification program from USAII® covers the latest trends and technologies in the field of AI, from basics to advanced AI skills and AI leadership strategies.
The CAITL™ has been specifically designed for top-level executives and CXOs who want to incorporate AI and make their projects AI-powered for improved efficiency. This program offers:

• Live master classes from industry veterans and influencers
• Selfpaced learning so that you do not have to disturb your working hours
• Learning of AI transformation strategy, and
• Access to a worldclass resource center that will help you earn this prestigious certification

This program is for every C-level executive and decision-maker who wants to take their organization ahead of their competition. This program requires no exam but a Unique Assessment Theories to access the knowledge and award the certificate.

So, if you want to influence your organization's Projects with the power of AI, then this program is a must-go for you.

Challenges to full implementation of AI in Project Management
As we saw in the previous sections, there is a great possibility of artificial intelligence in the project management landscape. But everything doesn’t go buttery smooth. Like all other technologies, the implementation of AI also comes with several challenges. A few of them have been mentioned below.

• AI tools may require a specialized skill set which might be difficult to fill and may take some tim
• The implementation of AI can be expensive, especially for small companies who want to leverage the power of AI but have little budget
• The data currently available with the organizations are scattered in their format such as Word, Excel, videos, presentations, visual graphics, etc. So, training an AI system can be difficult with these data
• Lack of skilled AI professionals and AI Leaders

Some popular Project Management tools
The artificial intelligence has already penetrated business operations and daily lives. Many organizations have come up with AI project management solutions to help small and large-scale businesses manage their project with the help of AI. They offer several AI-powered project management tools that won’t require hardcore AI skills but can help you with your company’s projects.
So, if you are planning to implement AI in your company, then you can start with the following AI Project management tools as per your requirements and budget:

• Asana
• Monday.com
• ClickUp
• Wrike
• Hive
• Process.st, etc.

To sum up, Artificial Intelligence is one of the greatest technologies of recent times and businesses have already started using it for their project management. In the coming years, the technology will be super-advanced and you must be well-prepared to utilize it for your organization. Ignoring so may cause your organization to run out of business. So, get future-ready and embrace what this technology brings in the future.