Posts belonging to Category 'Earned Value Management'

Artificial Intelligence and Earned Value in Project Management

Two hundred years ago, the industrial revolution changed the way the world produced goods, transported them, and communicated. Today, Artificial Intelligence (AI) is a new revolution that will be for more impactful than ever imagined. Any tasks that can be codified and programmed into a computer, even the jobs of so-called knowledge workers, such as Project Managers (PM), will be automated. However, has AI had a beneficial impact on Project Management in assisting projects to conclude successfully? This study examines the practical application of AI on Project Management, and whether that impact has been practical. Previous studies show that using AI in conjunction with Earned Value Management (EVM) methods, can add value, but practical applications still have a way to go to meet project needs.
Keywords: Artificial Intelligence, AI, Machine Learning, Project Management, Earned Value Management, EVM.