Decision-making · Project Management

Rebranding ‘Abandon’: Turning Project Closure into Strategic Value

Victoria Vaca

How can the early closure of a project be recognized as a smart, strategic choice rather than failure? That was the question of our latest study: Rebranding ‘Abandon‘ in Project Management – a collaborative exploration conducted with experienced project managers using the Delphi method. The Negative Connotation of ‘Abandon’ In traditional project management, the word… Continue reading Rebranding ‘Abandon’: Turning Project Closure into Strategic Value

Artificial Intelligence · Project Management

The Fantasy of AI Projects: Chasing Accountability in a Delusional Age

Gloria J. Miller

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

agile · Artificial Intelligence · Project Management

Real Options Analysis Framework … Chapter Published & Next Steps

Gloria J. Miller

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

Artificial Intelligence · pmot · Project Management

AI, AI, AI Everywhere…

Gloria J. Miller

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…

agile · pmot · Project Management

From Manila to Practice: Advancing Real Options Thinking in Project Management

Gloria J. Miller

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

agile · Project Management

Presenting ‘Real Options for Maximum Impact’ at PMI AP Summit in Manila

Victoria Vaca

We are thrilled to announce that we will be presenting at the PMI Global Summit Series Asia Pacific | Project Management Institute, hosted by the Project Management Institute, Inc. This prestigious event is taking place next week on 25-26 June 2025 in Manila, Philippines, and it brings together industry leaders, experts, and innovators from across… Continue reading Presenting ‘Real Options for Maximum Impact’ at PMI AP Summit in Manila

Artificial Intelligence · Project Management

AI Project Framework and the EU AI Act

Gloria J. Miller

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

Artificial Intelligence · Project Management

Understanding Ethical Principles in AI Projects

Victoria Vaca

Following our first session within AI Literacy for Project Managers, we are very excited and happy to offer a second online webinar on an important aspect in AI projects: Ethical principles and their impact on project success. When: Friday, May 23rd🕒 15:00 – 17:00 CESTWhere: Online Session As Maria Rôbè from the PMI Germany Chapter… Continue reading Understanding Ethical Principles in AI Projects

Artificial Intelligence · Project Management

Presenting the Evolving Role of AI in Project Management at the Project Management Institute Germany

Victoria Vaca

Hosted by the Project Management Institute (PMI) Germany Chapter, Gloria J. Miller delivered in words of Maria Rôbè an “engaging and insightful session on the evolving role of AI in project management.” Gloria explored the key applications of AI for project management, the evolving responsibilities of project managers, and the skills needed to thrive in… Continue reading Presenting the Evolving Role of AI in Project Management at the Project Management Institute Germany

Artificial Intelligence · Project Management

New book chapter: Framework for AI project management

Admin

In March 2025, our book chapter on Framework for Managing Artificial Intelligence (AI) Projects: Avoiding Harms, Losses, and Damages was finally published. In this chapter, we pull together our previous research on artificial intelligence (AI) and project management into a framework. It is available as open access at the following link: https://link.springer.com/chapter/10.1007/978-3-031-80275-1_7. The chapter is… Continue reading New book chapter: Framework for AI project management