News

Adopting AI Impacts on Project Success, Study Finds

artificial intelligence

A recent study by the Project Management Institute (PMI), a leading authority in project management, has highlighted Projects can derive substantial benefits from adopting artificial intelligence (AI) in project execution, according to a recent study by the Project Management Institute (PMI).

The study distinguishes between two groups of project managers: “Trailblazers,” who use AI in more than 51% of their recent projects, and “Explorers,” who use AI in 15% or less. The data reveals that 91% of Trailblazers reported a significant impact on project quality management, compared to only 40% of Explorers.

In addition to quality management, Trailblazers also reported significant gains in productivity (93%), problem-solving (89%), effectiveness (88%), creativity (84%), and collaboration (83%).

The figures contrast with the Explorers, where only 58% noted improved productivity, 46% saw better problem-solving, 50% reported increased effectiveness, 44% experienced enhanced creativity, and 32% observed improved collaboration.

Aneliya Chervenova, a senior product manager at GSK, was quoted in the report emphasizing the importance of continuous dialogue about AI usage among project professionals.

“Project professionals need to create a constant feedback loop with their peers, allowing them to share experiences and knowledge in real-time, as well as ask for support,” she said.

Other key takeaways:

  • Project professionals should experiment with GenAI across different projects and tasks throughout the project lifecycle.
  • Early adopters of GenAI are gaining significant advantages over those in the initial stages of adoption.
  • There is no universal adoption pattern; organizations must develop their own strategies.
  • Defining expected benefits and outcomes from AI adoption is crucial for success.
PM Today News Team
Related News
Related sized article featured image

The new Labour government has a goal to decarbonise the country's electricity system by 2030.

Susanna Twidale
Related sized article featured image

Countries will convene at the COP16 biodiversity summit in October in Colombia.

Simon Jessop