Completion Date

Spring 6-11-2024

Document Type

Thesis

Degree Name

Master of Science (MS)

Program or Discipline Name

Project Management

Secondary Program or Discipline Name

Project Management

First Advisor

Dr. Sarah Dyson

Second Advisor

Dr. Ella Ponsford-Gullacci

Abstract

The ongoing difficulty in project management in achieving desired outcomes is frequently linked to the "value gap" that appears between program installation and execution, where stakeholders find it difficult to adjust actions to achieve desired outcomes. Adaptable tactics are required to overcome the challenges posed by a various of interests, decision-making procedures, and resource limitations in traditional stakeholder engagement approaches. This study aims to know the key factors that influence the acceptance of AI-driven forecasting in project management processes for stakeholder management, and how these characteristics help to overcome the drawbacks of conventional stakeholder engagement approaches. The paper investigates the revolutionary potential of AI-driven forecasting in closing the value gap through an extensive examination of the literature. By utilizing AI-driven predictive modeling and analyzing current literature, the research endeavors to offer practical solutions for enhancing project success and deepening our comprehension of stakeholder involvement. Stakeholders can enhance the dynamic field of project management by adopting AI technology, enabling them to address obstacles, optimize resource allocation, and promote collaborative interactions.

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