From the course: AI for Project Management: Managing Risk with Generative AI

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L – Leverage AI for decision support

L – Leverage AI for decision support

From the course: AI for Project Management: Managing Risk with Generative AI

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L – Leverage AI for decision support

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- [Narrator] Have you ever struggled to make a tough project decision because you didn't have enough information? Many project risks involve complex variables, making it difficult to determine the best course of action. In this video, we'll explore how you can leverage AI to support risk-informed decision-making by analyzing data, identifying patterns, and providing actionable recommendations. By the end, you'll understand how AI-driven insights improve confidence and accuracy in project decisions. AI can enhance decision-making by processing vast amounts of data much faster than humans. It can analyze historical project outcomes, real-time performance metrics, and external market trends to identify the best available options. One of AI's most powerful capabilities is predictive analytics. By evaluating past project risks and outcomes, AI can forecast the probable consequences of different choices, and that helps project managers weigh their options. AI can also rank decision options…

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