Megaproject management are meant to continue to gain in complexity and price which will be benefit alrgely from the use of predictive analytics and big data in projects, too.
“Most projects go wrong because there were wrong estimates and many factors were not taken into account or we started a project which was not well-funded. I think artificial intelligence (AI) will help to fill in that gap. Megaprojects have such a high rate of failure. Imagine if we use artificial intelligence to halve that rate? We could launch fewer projects but they’d be more successful.”
“Without data, you cannot do anything. Nobody likes to document, record or structure data and that’s one of the biggest issues I see with big data or data analytics in projects. Our records are different and every project is different.” Antonio Nieto Rodriguez