2024
Entrant Company
Category
Client's Name
Country / Region
In the ever-evolving landscape of project management, predicting project delays early in the lifecycle poses a significant challenge. Traditional methodologies encompass stages such as requirements gathering, planning, execution, testing, and release. However, these methods often lack the foresight needed to identify potential delays at an early stage. Addressing this gap, our business sought to develop an innovative solution to predict project delays and identify their drivers.
While Agile-based dashboards have historically been used to track, measure, and report project deliverables, they do not offer predictive capabilities. To bridge this gap, we developed a sophisticated, state-of-the-art Machine Learning algorithm. Trained on extensive historical data, this algorithm successfully learned patterns indicative of potential delays, providing accurate predictions.
The solution's impact extends across various functional teams, enabling them to understand the factors driving project delays. Leveraging Explainable AI, we ensured transparency in model predictions, fostering trust among end users. This capability allows users to comprehend the rationale behind each prediction, enhancing their confidence in the model's results.
Our Machine Learning solution is scalable across diverse projects, provided the appropriate dataset is available. This adaptability is instrumental for partner teams, aiding in better planning, avoiding unforeseen delays, and ultimately improving bottom-line performance.
This initiative exemplifies the transformative potential of AI when applied strategically to organizational challenges. By delivering innovative tools for enhanced decision-making, our solution has garnered significant appreciation from upper management and partner teams, highlighting its value in driving operational efficiency and project success.
Credits
Entrant Company
Intuit
Category
Innovation in Technology - Cybersecurity Technology (New)
Country / Region
United States
Entrant Company
Vamshidhar Reddy Vemula
Category
Innovation in Technology - Best Artificial Intelligence Technology Innovation
Country / Region
United States
Entrant Company
NCR Atleos
Category
Innovation in Design - Social Impact Design
Country / Region
United Kingdom
Entrant Company
GEM Integrated Marketing Co., Ltd.
Category
Innovation in Design - Exhibition Design
Country / Region
Taiwan