A research conducted by Project Management Institute (PMI) reveals that only 18% of the project professionals with artificial Intelligence (AI) skills have got practical experience.
PMI is the world’s leading organization for the project management profession.
A statement from the institute stated that, the organization is empowering millions of global project professionals worldwide to adopt, embrace, and leverage AI, machine learning (ML), and generative AI (GenAI).
PMI said, it is developing the tools, resources, and learning opportunities, including a free introductory online course entitled ‘Generative AI Overview for Project Managers,’ saying, project professionals need to leverage AI-powered technology while preserving the human touch in project management.
PMI research revealed that organisations that place a high priority on power skills are significantly better at completing projects that meet business goals.
Additionally, it stated that, they waste less investment due to poor project performance compared to the global average (4.8 percent vs. 5.2 percent) and far less than organizations that put a low priority on power skills (8.8 percent).
According to McKinsey, “GenAI and other technologies have the potential to automate work activities that absorb 60 to 70 per cent of employees’ time today. But tools cannot automate interpersonal skills, the invaluable and very necessary skills project managers bring to projects. Communication, problem-solving, collaborative leadership, and strategic thinking – skills PMI calls “power skills” – will continue to be crucial to project success.”
The president & chief executive officer(CEO) of PMI, said: “I see an incredible opportunity to elevate the leadership role of project professionals in their organization, thanks to the AI-driven disruption,” adding that “Project professionals are natural learners, problem solvers, innovators, and they get things done. Now is the time for us to lead the AI transformation of organizations.”
He added that, “to keep up with the latest developments in AI technology, project professionals must prioritize continuous learning. The Artificial Intelligence in Project Management Resource Center on PMI.org is the destination for learning to navigate a new era of efficiency, insight, and growth.
“The page, complete with AI insights and learning opportunities, will be updated consistently with new, thought-provoking survey findings, thought leadership, industry analysis, academic research, and community-contributed content and publications. The varied data sources – inclusive of PMI’s vast community of academic partners, enterprise partners, and millions of project professionals, combined with proprietary research – will set this content apart and make it the go-to resource for project professionals and organisations striving to leverage these tools to improve project success.”
PMI said, it will post two new articles in October 2023 and the key insights from these articles include: how project managers can leverage AI for project productivity and enhance power skills, how AI adoption will only increase, so project managers need to upskill quickly to take advantage of this enormous career opportunity and how building organizational resilience, leveraging technical skills, and upskilling teams will help organizations remain competitive.
“This course is just the beginning, PMI will continue to release learning content focused on AI in project management, all created for project professionals by project professionals. The PMI community will test the learning content, ensuring it reflects the experience of project professionals who have relevant experience using AI in project management,” said CEO of PMI.
As AI takes a foothold on the project management profession, project professionals, he stressed, will need to embrace experimenting with these new tools and connecting with peers for lessons learned.
To pave the way for professionals to do this, PMI is reimagining how project professionals can balance AI with human ingenuity at its annual event, PMI Global Summit, 25-28 October in Atlanta, Georgia, USA.