Journal of Applied Business, Economics and Strategic Management ISSN: 3139-1664 (Online)

Authors:- Rajendra Lone, Sumit Bhattacharjee

Abstract:- Artificial Intelligence has seen so much advancement in past decade and finds business and commercial use. Due to the development in the field of computer and IT, project management will get highly benefitted from it. A project performance activity depends on project management planning and assessment. A realistic – logical plan is important to handle project management efficiently. Lack of knowledge, skills, resources, and technology during project implementation results in the failure of the project. Artificial Intelligence can be defined as the machine's ability to imitate human behavior and taking decisions based on its cognizance. It has found new methods and techniques to allow project managers perform faster and more efficiently. In this paper, we will discuss the implementation of artificial intelligence in project management to improve its activities, critical issues involved, role in decision making and effect of human reasoning.

Keywords:- Business and Commercial Use, Project Management, Lack of Knowledge, Imitate Human Behavior.