The Impact of Artificial Intelligence on Project Management

Abstract

Over the past decade, artificial intelligence (AI) has emerged as a transformative technology, particularly in project management. This study examines its impact in Latin America, with a focus on Ecuador. There is significant interest in AI adoption in Ecuador, driven by favorable policies, economic conditions, and technological advancements. Most respondents are educators, scientific researchers, and department heads, highlighting the relevance of AI in educational and scientific fields (Fernández & Fernández, 2019; Hassan, Khairudin, & Nasir, 2019). Large organizations, with more than 200 employees, are better positioned to adopt AI due to their greater financial and technical resources (Chui, Henke, & Miremadi, 2020). However, significant barriers persist, such as technological limitations, budgetary constraints, and a lack of managerial support, which complicate its implementation (Smith & Lazarus, 2021). Despite these barriers, most respondents anticipate a significant increase in AI adoption over the next five years, although doubts and challenges remain that must be addressed to ensure successful and sustained implementation (Jones, Patel, & Smith, 2019). This analysis underscores both the opportunities and challenges that AI faces in project management in Ecuador, emphasizing the need for a comprehensive approach to maximize its benefits.