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Showing posts with the label Business domain knowledge

The role of AI in aiding Project Management

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With the advent of modern technologies like AI & ML, their applications are largely being discussed & predicted in various domains & business functions. AI is a technology that helps in forecasting the future by recognizing the pattern of the humongous amount of available datasets. According to one of the surveys by PMI, it is estimated that 81% of organizations are impacted by AI technologies in one way or the other. Today I would like to outline how AI’s ability to interpret events, unfold future predictions & take automated decisions can largely affect the Project management field, their practices, their laid-down framework, and their tools & softwares. These days, project managers face a lot of challenges while managing complex projects, where there are multi-disciplinary teams to handle along with a number of variables to take care of. Often we’ve experienced projects falling short of either of their boundary parameters: - Schedule, Budget & Quality, thereb...

3 Areas to focus on to achieve Corporate success

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In these changing times, you may find yourself surrounded by a lot of suggestions & advice to make your mark indelible in this highly competitive corporate world. Either you are a working professional or a business owner, you are always anxious about your career trajectory especially in this uncertain environment. While it is imperative to chart out your goals, it is equally important to spend a lot of time mastering all those needed to achieve them by bringing out the organic growth within yourself. Focus on the process & the results would be taken care of by themselves. However, there is a wide spectrum of skills that you can sharpen & display to stay on track and achieve the goals you had initially charted out. It is natural to get overwhelmed with so many of them & we end up pondering upon which ones to prioritize based on their strong direct impact. I have outlined 3 essential key ingredients required to achieve corporate success regardless of the position or the f...