The past five years saw massive advancements in technology within the project management
space. AI, machine learning, and automation have begun to revolutionize how project managers handle everything
from scheduling and budgeting to resource allocation and risk management.
- AI-Powered Tools: Tools like Monday.com and Smartsheet have integrated AI to
provide real-time data insights, automate repetitive tasks, and predict project outcomes with greater
accuracy.
- Project Portfolio Management (PPM) Solutions: With AI and data analytics,
PPM platforms now help businesses manage portfolios of projects, providing insights into resource
utilization and project success rates.
- Automation: Robotic Process Automation (RPA) has streamlined processes like
timesheet management, approvals, and task assignments, leading to greater efficiency.
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