The Future of Project Management: Embracing artificial intelligence for enhanced efficiency, data-driven decision-making, and collaborative teamwork

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Artificial intelligence (AI) integration into project management holds immense potential to revolutionize traditional approaches. This thesis examines AI's impact on efficiency, data-driven decision-making, and collaborative teamwork within project management. Through qualitative analysis, including semi-structured interviews with 10 participants from companies in Sweden, the study investigates AI's implications for project management practices. Key findings reveal AI's role in enhancing efficiency by automating tasks, predicting risks, and optimizing resource allocation. Moreover, AI facilitates data-driven decision-making, empowering project teams to make informed choices leading to improved project outcomes. Additionally, AI fosters collaborative teamwork through real-time communication tools and personalized learning experiences. Despite its contributions, the study acknowledges limitations, including potential lack of generalizability due to the qualitative approach and the sample size. Moreover, findings may be context-specific to Swedish companies. This study emphasizes the need of continuing to learn how AI is transforming project management in order to fully capitalize on its ability to change the sector.

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Msc in Innovation and Industrial Management

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Artificial Intelligence, Project Management, Efficiency, Data-Driven Decision-Making, Collaborative Teamwork

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