Artificial Intelligence in Project Management and Controls - Separating the Hype from Reality

Artificial Intelligence (AI) is an intriguing new and potential game-changer in the construction industry, particularly in areas like project management, scheduling, and risk management. However, a critical examination reveals a landscape sometimes cluttered with hype. AI's potential applications often feature prominently in industry articles and presentations, yet these frequently lack substantive content or practical demonstrations of efficacy, at least for now. In reality, the true integration of AI in project management and controls involves complex data analysis and decision-making processes that AI is only beginning to address. For instance, while AI can theoretically optimize scheduling by analyzing patterns in data, the variability and uniqueness of construction projects often challenge these algorithms' effectiveness. Similarly, in risk management, while AI can identify potential risks from historical data, its predictive power is only as good as the data quality and the specificity of the input it receives. Real value from AI in construction emerges when there is clarity on the objectives for its use, significant investment in data infrastructure, and a strategic approach to deployment—far from the simplistic solutions often touted. Skepticism is therefore warranted when encountering claims of AI solutions, as the industry is still navigating the practical realities versus the theoretical potential of these technologies.

Best Practices in the application of AI in the Construction Industry     

AI's effectiveness is highly dependent on the availability of large, high-quality datasets for training its algorithms. These datasets should not only be extensive but also diverse, covering a wide range of scenarios and outcomes to train the AI with a comprehensive perspective on potential challenges and solutions. A lack of substantial data can lead to poorly performing AI models that do not generalize well to real-world scenarios.

For smaller companies, the individual accumulation of sufficient data might be challenging. Industry-wide data collection efforts can play a critical role here. These initiatives involve pooling anonymized project data from multiple companies to create a comprehensive dataset that all contributors can access. This approach allows smaller firms to benefit from AI technologies by training algorithms on a broader data set than they could compile on their own, thereby enhancing the accuracy and applicability of AI solutions.

The quality of data is as important as quantity. Data must be accurate, well-cataloged, and relevant to the specific problems AI is intended to solve. Effective data management practices are crucial; these include proper data collection, cleaning, and maintenance protocols to ensure the AI systems are working with reliable information.

The implementation of AI requires a robust technological infrastructure. This includes not just hardware and software but also the integration capabilities to embed AI solutions into existing systems seamlessly. Potential customers should assess their current technological setup to determine if it can support AI applications without requiring prohibitively expensive upgrades.

The organizational readiness to adopt new technologies and the capability to manage the change associated with implementing AI are critical. This includes having a workforce that is trained or can be trained to work alongside AI tools, and management teams open to rethinking traditional processes.

Before investing, companies should look for proven case studies and benchmarks within the industry where AI has been successfully implemented. This not only serves as validation of the technology's potential but also provides insight into the practical challenges and how they were overcome.

Understanding the legal and ethical implications of using AI in construction is crucial. This includes issues related to data privacy, security, and the ethical use of AI in making decisions that could affect safety and compliance.

Whether you need to structure your data for AI applications, considering implementation of applications, or just need insight into AI trends in project management, contact us for more information.


ABOUT THE AUTHOR

Ricci Siciliano
Ricci is an Executive Associate for Pathfinder, LLC with a combined 25+ years of experience in Cost Estimating, Data Analysis and Project Management.  
rsiciliano@pathfinderinc.com
856-424-7100 x133