AI driven strategic decision-making in IT project management: Enhancing risk assessment, cost control, and efficiency

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Autori principali: Tanim, Sakhawat Hussain, Ahmad, Sabbir
Natura: Recurso digital
Lingua:inglese
Pubblicazione: Zenodo 2025
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author Tanim, Sakhawat Hussain
Ahmad, Sabbir
author_facet Tanim, Sakhawat Hussain
Ahmad, Sabbir
contents <p>The integration of Artificial Intelligence (AI) in IT project management has redefined strategic decision-making, offering unprecedented improvements in risk assessment, cost control, and overall efficiency. Traditional IT project management frameworks often struggle with dynamic risk factors, cost overruns, and inefficiencies stemming from human errors, outdated methodologies, and resource misallocation. AI-driven decision-making leverages predictive analytics, machine learning, and natural language processing to enhance data-driven insights, automate repetitive tasks, and optimize project performance. From a broad perspective, AI enables IT project managers to shift from reactive to proactive decision-making, significantly mitigating uncertainties through advanced risk assessment models. AI-powered algorithms analyse historical project data, identify emerging risks, and recommend mitigation strategies in real time, thereby reducing project delays and budget deviations. Moreover, AI optimizes cost control by providing intelligent budgeting frameworks, forecasting financial constraints, and ensuring resource allocation aligns with strategic objectives. By automating labor-intensive processes such as documentation, scheduling, and stakeholder communication, AI enhances productivity and efficiency while minimizing operational bottlenecks. Narrowing down, AI-driven decision support systems, such as cognitive computing and reinforcement learning models, further refine project execution by adapting to real-time changes and optimizing resource distribution dynamically. The synergy between AI and IT project management fosters a data-centric culture where real-time analytics, intelligent automation, and continuous learning enhance project success rates. However, challenges such as ethical considerations, data privacy, and AI interpretability must be addressed to maximize its potential. This study explores the transformative role of AI in IT project management, emphasizing its contributions to risk mitigation, cost efficiency, and sustainable project execution. </p>
format Recurso digital
id zenodo_https___doi_org_10_5281_zenodo_16940959
institution Zenodo
language eng
publishDate 2025
publisher Zenodo
record_format zenodo
spellingShingle AI driven strategic decision-making in IT project management: Enhancing risk assessment, cost control, and efficiency
Tanim, Sakhawat Hussain
Ahmad, Sabbir
Artificial Intelligence
IT Project Management
AI-Driven Decision-Making
Risk Assessment
Cost Control
Efficiency
<p>The integration of Artificial Intelligence (AI) in IT project management has redefined strategic decision-making, offering unprecedented improvements in risk assessment, cost control, and overall efficiency. Traditional IT project management frameworks often struggle with dynamic risk factors, cost overruns, and inefficiencies stemming from human errors, outdated methodologies, and resource misallocation. AI-driven decision-making leverages predictive analytics, machine learning, and natural language processing to enhance data-driven insights, automate repetitive tasks, and optimize project performance. From a broad perspective, AI enables IT project managers to shift from reactive to proactive decision-making, significantly mitigating uncertainties through advanced risk assessment models. AI-powered algorithms analyse historical project data, identify emerging risks, and recommend mitigation strategies in real time, thereby reducing project delays and budget deviations. Moreover, AI optimizes cost control by providing intelligent budgeting frameworks, forecasting financial constraints, and ensuring resource allocation aligns with strategic objectives. By automating labor-intensive processes such as documentation, scheduling, and stakeholder communication, AI enhances productivity and efficiency while minimizing operational bottlenecks. Narrowing down, AI-driven decision support systems, such as cognitive computing and reinforcement learning models, further refine project execution by adapting to real-time changes and optimizing resource distribution dynamically. The synergy between AI and IT project management fosters a data-centric culture where real-time analytics, intelligent automation, and continuous learning enhance project success rates. However, challenges such as ethical considerations, data privacy, and AI interpretability must be addressed to maximize its potential. This study explores the transformative role of AI in IT project management, emphasizing its contributions to risk mitigation, cost efficiency, and sustainable project execution. </p>
title AI driven strategic decision-making in IT project management: Enhancing risk assessment, cost control, and efficiency
topic Artificial Intelligence
IT Project Management
AI-Driven Decision-Making
Risk Assessment
Cost Control
Efficiency
url https://doi.org/10.5281/zenodo.16940959