As 2025 wraps up, we’re taking a moment to reflect on a year rich in dialogue, innovation, and growth -even as we intentionally scaled back our delivery work. Our reflections fall into two broad categories: the activities we led and contributed to throughout the year, and the core themes that emerged as central to our… Continue reading 2025: The Year of More (and a Little Less)
At the IEEE conference last August, Harry Jones gave a provocative presentation about Fantasy Projects. He described these as visionary, exploratory endeavors that push the boundaries of what’s possible, i.e., the kind that expand humanity’s collective knowledge, even when their outcomes are uncertain. NASA’s Apollo missions, the Hubble Space Telescope, and the Constellation program were… Continue reading The Fantasy of AI Projects: Chasing Accountability in a Delusional Age
First, we would like to announce that our open-access Springer book chapter, “Real Options Analysis Framework for Comparing Project Configurations,” is now available online, having been published in August. The chapter presents a detailed framework for valuing projects with a high degree of uncertainty, where management has significant flexibility to adjust the project’s course. The framework… Continue reading Real Options Analysis Framework … Chapter Published & Next Steps
There is a much discussion on LinkedIn and elsewhere about artificial intelligence (AI) and how it will change the world. It is anticipated that AI will provide significant growth in labor productivity (Filippucci, 2024) and contribute over $631 billion by 2028 (IDC, 2024). We believe that AI is a crucial and emerging topic. However, we… Continue reading AI, AI, AI Everywhere…
At the Project Management Institute Asia Pacific conference in Manila, we presented a real options framework for project management. The topic was a bit heavy for one hour, but we think the audience appreciated that it was practical. At the end we asked the audience if they would be able to apply for it in… Continue reading From Manila to Practice: Advancing Real Options Thinking in Project Management
In March our open access article, “Framework for Managing Artificial Intelligence (AI) Projects: Avoiding Harms, Losses, and Damages,” was published. The Framework aligns strongly with several critical provisions of the European Union Artificial Intelligence Act (EU AI Act), particularly in areas related to high-risk AI systems, ethical safeguards, and governance. The Framework maps the ISO… Continue reading AI Project Framework and the EU AI Act
We are about to wrap up 2024. It was a very dynamic year with many different activities. Projects The scope and content of the projects are in the big data analytic space. The need to closely scrutinize the regulatory frameworks that apply to this domain is an important topic. Thus, in addition to deploying platforms… Continue reading 2024 is almost done and dusted
The Federated Computer Science Intelligent Systems (FedCSIS) Conference took place in Belgrade, Serbia from 8-Sep to 11-Sep, and I was there. The Conference started on Sunday and ran through Tuesday. The Conference was hosted by the University of Belgrade, Faculty of Organizational Sciences. The venue was a very pleasant, modern building that was inaugurated in… Continue reading Real Options was Real Fun in Belgrade
On December 19, 2023, we got an example from the Federal Trade Commission (FTC) of holding an operator/end-using organization accountable for the negative impacts of an artificial intelligence system, in this case, facial recognition system. This is interesting for us as it reflects the findings from our 2022 research papers on accountability for artificial intelligence… Continue reading AI Accountability — The Rite Aid Case
Since the launch of ChatGPT the interest, enthusiasm, and concerns about artificial intelligence (AI) have grown dramatically. According to ChatGPT Statistics and User Numbers 2023 – OpenAI Chatbot (tooltester.com), ChatGPT had a million users in its first week and 100 million as of August 2023. McKinsey estimates that 40 percent of business will increase their… Continue reading What can project managers do about AI risks?