PMI’s Research Reveals Only 18% of Project Professionals Have Practical AI Skills

Date:

Project Management Institute (PMI) has conducted research revealing that only 18% of project professionals with artificial intelligence (AI) skills have practical experience in utilizing them. PMI, the world’s leading organization for the project management profession, aims to empower project professionals worldwide to embrace and leverage AI, machine learning (ML), and generative AI (GenAI). They are developing various tools, resources, and learning opportunities to support project professionals in utilizing AI-powered technology while maintaining the importance of human touch in project management.

According to PMI’s research, organizations that prioritize power skills—the interpersonal skills that project managers bring to projects—are more successful in completing projects that align with business goals. They also waste less investment due to poor project performance compared to the global average. In contrast, organizations that place a low priority on power skills experience higher investment wastage. McKinsey estimates that GenAI and other technologies have the potential to automate work activities that currently consume 60 to 70% of employees’ time. However, tools cannot automate power skills such as communication, problem-solving, collaborative leadership, and strategic thinking, which are crucial for project success.

Pierre Le Manh, President & Chief Executive Officer of PMI, believes that the rise of AI presents an opportunity to elevate the leadership role of project professionals within organizations. Le Manh emphasizes that project professionals possess natural learning abilities, problem-solving skills, and a track record of getting things done. He sees this as the right time for project professionals to lead the AI transformation in organizations.

As AI becomes more integrated into the project management profession, project professionals need to be open to experimentation with these new tools and learn from their peers’ experiences. In support of this, PMI is reimagining how project professionals can strike a balance between AI and human ingenuity at its annual event, the PMI Global Summit, scheduled to take place from October 25th to October 28th in Atlanta, Georgia, USA.

See also  CEOs Sidelined by Climate Change & AI Fears, PwC Survey Reveals

Overall, PMI’s research highlights the importance of power skills for project professionals while acknowledging the potential of AI-driven technologies. By equipping project professionals with the knowledge and resources to leverage AI, PMI aims to ensure that they continue to play a central role in project success, guiding the AI transformation within organizations.

Source: [Insert source link here] Please validate and include the relevant source links and hyperlinks where necessary.

Frequently Asked Questions (FAQs) Related to the Above News

What is PMI?

PMI stands for Project Management Institute, the leading organization globally for the project management profession.

What did PMI's research reveal about project professionals with AI skills?

PMI's research found that only 18% of project professionals with AI skills have practical experience in utilizing them.

What is PMI's goal regarding AI and project professionals?

PMI aims to empower project professionals worldwide to embrace and leverage AI, machine learning (ML), and generative AI (GenAI).

Why is PMI developing tools, resources, and learning opportunities for project professionals related to AI?

PMI believes that by providing support and resources, project professionals can effectively utilize AI-powered technology while maintaining the importance of human touch in project management.

What did PMI's research reveal about organizations that prioritize power skills in project management?

PMI found that organizations prioritizing power skills experience more successful project completion aligned with business goals and waste less investment compared to the global average.

Can AI automate power skills?

No, AI cannot automate power skills such as communication, problem-solving, collaborative leadership, and strategic thinking, as they are crucial for project success.

According to McKinsey, how much of employees' time could technological advancements like GenAI automate in work activities?

McKinsey estimates that GenAI and other technologies have the potential to automate work activities currently consuming 60 to 70% of employees' time.

How does PMI see the rise of AI impacting the role of project professionals?

PMI sees the rise of AI as an opportunity to elevate the leadership role of project professionals within organizations.

What qualities do project professionals possess that make them suitable to lead the AI transformation?

Project professionals possess natural learning abilities, problem-solving skills, and a track record of successfully completing tasks, making them suitable to lead the AI transformation.

How does PMI support project professionals in experimenting with AI tools and learning from their peers' experiences?

PMI is reimagining the balance between AI and human ingenuity at their annual event, the PMI Global Summit, providing project professionals with opportunities to learn and share experiences about AI integration.

What does PMI aim to achieve by equipping project professionals with AI knowledge and resources?

PMI aims to ensure that project professionals continue to play a central role in project success and guide the AI transformation within organizations.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Share post:

Subscribe

Popular

More like this
Related

Samsung Unpacked Event Teases Exciting AI Features for Galaxy Z Fold 6 and More

Discover the latest AI features for Galaxy Z Fold 6 and more at Samsung's Unpacked event on July 10. Stay tuned for exciting updates!

Revolutionizing Ophthalmology: Quantum Computing’s Impact on Eye Health

Explore how quantum computing is changing ophthalmology with faster information processing and better treatment options.

Are You Missing Out on Nvidia? You May Already Be a Millionaire!

Don't miss out on Nvidia's AI stock potential - could turn $25,000 into $1 million! Dive into tech investments for huge returns!

Revolutionizing Business Growth Through AI & Machine Learning

Revolutionize your business growth with AI & Machine Learning. Learn six ways to use ML in your startup and drive success.