Project Management Institute showcases AI's Transformative Power at 16th South Asia Conference

Currently, approximately 40% of surveyed professionals utilize GenAI in over half of their projects, underscoring the importance of upskilling and experimentation with this emerging technology.

The Project Management Institute (PMI) hosted its 16th Project Management South Asia Conference in New Delhi, emphasizing the transformative impact of artificial intelligence (AI) on the profession. A newly released research report, titled "Pushing the Limits: Transforming Project Management with GenAI Innovation," revealed that the adoption of Generative AI (GenAI) tools among project professionals has surged by 86% since January 2024. Currently, approximately 40% of surveyed professionals utilize GenAI in over half of their projects, underscoring the importance of upskilling and experimentation with this emerging technology.

Conference Theme and Initiatives

This year’s conference theme, "Master Your Future Today in Rapidly Emerging Trends & Economies," focused on equipping project professionals with actionable insights and best practices for success in an AI-driven landscape. PMI is at the forefront of this transformation, recently announcing two significant initiatives:

1. The acquisition of Cognilytica, integrating its certifications and learning products into PMI's offerings.
2. Enhanced features for PMI Infinity™, its AI assistant for project managers, now powered by GPT-4o (omni). The updates include document generation capabilities and custom templates to improve efficiency and productivity.

Launch of PMI Construction Professional Certification

The conference also marked the introduction of the PMI Construction Professional certification (PMI-CP)™ for industry professionals in South Asia. This certification aims to prepare construction project managers to effectively lead and manage projects within the dynamic infrastructure sector.

Remarks from PMI Leadership

Amit Goyal, Regional Managing Director South Asia at PMI, expressed the significance of the conference, stating, "The 16th Project Management South Asia Conference has truly been a milestone event for shaping the future of project management. Our focus on the transformative potential of AI and the importance of adaptability highlights our commitment to providing the tools and insights needed to thrive in today’s evolving AI landscape."

Celebrating Project Management Excellence

The conference also featured the PMI South Asia Awards, celebrating outstanding achievements in project management across various sectors. The awards recognized initiatives that demonstrated excellence in six key facets of project management.

Award Winners

Contribution to Community

  - Winner: EIL: India-Bangladesh Friendship Pipeline Project

  - Runner-up: Sasken Technologies: Vision of Hope project

NGO Category

  - Winner: Yuva Unstoppable: The Evolution Project

  - Runner-up: Bosch Global Software Technologies: Embedded SW development for Powertrain ECU

Other Notable Projects

  - MV Square Greenovative Energy: Project Bhaskar - Tekawadi Village Solar Project

Amit Goyal congratulated the winners, stating, "Behind every exceptional project, you will find a team of skilled project professionals who can unite stakeholders, problem-solve, and drive collaboration to deliver advancements in their industries. Congratulations to all the PMI South Asia Award winners and runners-up who have been recognized for their project management prowess."

The conference successfully highlighted the need for project professionals to embrace AI technologies and adapt to the rapidly changing landscape of project management.

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