This talk will outline how the use of AI and data analytics can help reduce project costs by as much as 15% through the use of more effective project risk management. It does this in two ways.
AI can help improve the ease of use of a risk system and data quality especially for non specialist risk professionals such as project managers
AI enabled analytics tools can highlight areas of potential risk and therefore cost, that would otherwise go unnoticed.
The talk will be delivered by Dr Andy Evans, Managing Director of Xactium. They deliver risk management services to a number of sectors, so attendees should get some fascinating insights from an organisation that is working at the cutting edge of risk management.
Dr Andy Evans has been at the forefront of adopting and embedding innovative AI and Analytics into the Xactium product and spearheading the use of Risk systems in organisations such as Highways England, HS2, Petrofac and KONE.