- March 1, 2021
- Posted by: Sang Le
- Categories: A.I., Project
Greyfly release a new guide about how AI can help to deliver projects during the economic recession
The Covid-19 pandemic has already raised a lot of challenges for those working in project management, but there are more difficulties on the horizon. In the first quarter of 2020, the UK’s GDP fell by 2.2%, and in the second, it fell by 20.4%. Not only does this put the UK in a recession for the first time since 2008, it also looks set to be the deepest annual slump since 1921.
Unprecedented times call for unique strategies. Project management is an ever-evolving field, and one of the most disruptive developments in recent years has been Artificial Intelligence (AI). Forbes and PMI’s the C-Suite Outlook delve into how disruptive technologies are redefining the role project management – and notes that AI is the third most adopted technology, behind the Internet of Things and cloud solutions. Implementing these technologies has a positive effect. Bringing in AI solutions is one strategy that businesses can implement to help mitigate the recession effects.