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GenAI Triggers Productivity – Research

Olamide Ojuokaiye by Olamide Ojuokaiye
2 years ago
in News
GenAI
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A new report from Project Management Institute (PMI), has disclosed that GenAI can trigger productivity and creativity in project managers worldwide.

The research shows how high adopters of GenAI are unlocking performance enhancements, advancing GenAI adoption, and sharing their learning to propel business transformation.

The report “First Movers’ Advantage: The Immediate Benefits of Adopting Generative AI for Project Management” surveyed 500 project professionals from around the globe, all of whom use GenAI in their projects. Organisations that encourage GenAI adoption see an increased use of GenAI among project professionals, setting the stage for transformative and positive outcomes, including: Trailblazers are more productive (93 per cent of trailblazers versus 58 per cent of low adopters or “explorers”), elevating their problem-solving (89% vs. 46%), and more effective (88% vs 50%) by using GenAI.

“High adopters are strengthening their interpersonal skills – which PMI calls “power skills.” With GenAI, they are boosting collaboration (83 per cent of trailblazers versus 32% of explorers) and creativity (84% vs. 44%). Using GenAI, high adopters are seeing other project improvements, including project scope (87% trailblazers versus 34% explorers), scheduling (85% vs. 46%), cost (85% vs. 42%) and quality management (91% vs. 40%)..”

A study by Microsoft and LinkedIn shows that the use of GenAI doubled in the last few months of 2023, with 75% of knowledge workers using it, a trend PMI has seen explode in its nearly one-million-member community of project professionals.

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“Our research shows that GenAI trailblazers know how to maximise adoption to elevate their performance, navigate complex work, and usher in GenAI across their teams. They stand out from their peers for their innovative leadership,” said President for Chief Executive Officer of PMI, Pierre Le Manh.

“We want to ensure project professionals who haven’t yet added this technology to their toolbox can quickly get up to speed and benefit from GenAI given its exponential growth,” he said.

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