AI in Project Management: Support for Risk Management

How is generative AI changing Risk Management? In a new technical article, our experts demonstrate how AI can make every step more efficient and transparent, from risk checks to workshop preparation.

Project Management is an ideal application for generative AI (GenAI). Many of the tasks involved can be made more efficient through automation, pattern recognition, and content and plan generation.

One of these areas of activity is Risk Management. In their latest article in the trade magazine PM Impact, our experts Philipp Larseille (Head of Project & Performance Management), Kai Wilhelm (Head of Implementation & PM Strategy), and Sebastian Colditz (Implementation & PM Strategy Consultant) express their conviction about this.

The authors outline how GenAI can support every step of Risk Management throughout a project:

  1. Elaborate on the basics
  2. Identify and analyze risks
  3. Compile and specify risks
  4. Review and improvement
  5. Prepare communication and workshops

When used correctly, AI assistants like Microsoft Copilot and ChatGPT can give project managers a significant advantage when it comes to risk management. These assistants can increase efficiency, improve transparency, and provide a solid foundation for decision-making.

You can find the full article here

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