ARTIFICIAL INTELLIGENCE IN PROJECT MANAGEMENT: SWOT ANALYSIS

Every multifaceted project has its unique problems and challenges which can be overcome by good project management practices. Juggling three pillars of project management simultaneously which involves maintaining perfect balance between time, budget constraint while ensuring quality is a challenging task. At times, it is found that time and cost over-runs remain a widespread pain area in various types of projects. Project Management practices are currently being meticulously used in all kind of industries including educational institutes. The use of AI approaches in project management can be a way to improve the project management lifecycle's ability to deal with unpredictability. Artificial Intelligence has effectively produced a more comprehensive and competent means of completing the many project management functions, and there is no question that it will entirely alter project management in the next years. The goal of this research study is to determine the Strength, Weakness, Opportunities and Threats [SWOT] of AI techniques in project management. The research will aid industries in determining the best use of AI for project management that will meet the needs of all project stakeholders involved in project execution.

 

Keywords: Artificial Intelligence, Machine learning, Project Management, SWOT.


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