How AI and Machine Learning Are Driving a Planning Revolution and Helping Business Manage Uncertainty

Planning and project management are very old business functions, but they are undergoing a rapid change thanks to how advances in data science enable organizations to effectively manage uncertainty. University of Virginia Darden School of Business Professor Yael Grushka-Cockayne and the Batten Institute’s Sean Carr discuss how new tools in data science, AI, machine learning and harnessing the wisdom of the crowd have revolutionized how people and organizations plan. Could “over budget and past due” become a concept of the past for those able to harness uncertainty and flexibility in data-enabled ways?