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 Addressing Project Management with AI
Saudi PIF oversees numerous critical projects, each with its unique challenges.
However, the common thread among these projects is the potential for unforeseen
delays and resource bottlenecks

These issues can lead to increased costs, missed deadlines, and diminished project
success

Our project revolutionize project management within the Saudi PIF. By

harnessing the power of artificial intelligence, we aim to proactively identify
potential project delays and resource shortages, allowing for timely
interventions and improved project outcomes.
 Current Issues and Challenges
AI Project Management for Saudi PIF

Inefficient Project Management Financial Implications

The conventional project management approach Delays and resource shortages can have a
often falls short in predicting and mitigating significant financial impact on Saudi PIF, resulting in
potential delays and resource constraints budget overruns and resource wastage

Reactive Approach Reputational Risk

Historical data and manual assessments results Project delays can tarnish the organization's
in a reactive response to issues that arise during reputation, affecting stakeholder confidence and
project execution investor relations

Unforeseen Setbacks Opportunity Cost

Lack of real-time insights and predictive Missed project deadlines can delay expected
capabilities leads to cost overruns, missed returns on investments and hinder the ability to
milestones, and suboptimal resource utilization capitalize on emerging opportunities.
 Why it requires our attention
AI Project Management for Saudi PIF

Competitive Advantage Resource Optimization

Embracing AI-driven predictive project Inefficient resource allocation due to lack of
management will position Saudi PIF as a leader predictive insights can lead to talent shortages or
in project execution surpluses, impacting project timelines and costs

Strategic Alignment Timely Decision-Making

Proactive issue identification and resolution are This will help project management practices that
imperative for aligning project management with often result in delayed decision-making, as
strategic goals for realizing Saudi Vision 2030 issues surface only when they become critical

Future-Proofing Strategic Goals Achievement

Investing in predictive analytics is a To fulfill Saudi Vision 2030 and achieve strategic
forward-looking step to meet the evolving goals, it's imperative to adopt advanced project
demands of project management management practices
 Project Objectives
● Our primary goal is to
revolutionize project
management within Saudi PIF
by implementing
cutting-edge AI-driven
predictive analytics.
● We aim to proactively
identify potential project
delays and resource
constraints before they
escalate, allowing for timely
interventions.
● The project seeks to enhance
the efficiency, accuracy, and
agility of project
management practices across
the organization.
Predictive Capabilities
Develop a state-of-the-art AI system capable of predicting project delays and resource
shortages with a high degree of accuracy
Real-time Insights
Provide project managers with real-time insights into project health, enabling informed
decision-making
Improved Resource Allocation
Optimize resource allocation to minimize shortages and surpluses, enhancing resource
utilization efficiency
Timely Delivery
Ensure that projects are completed within stipulated timelines, reducing costly delays and
ensuring timely returns on investments
Enhanced Risk Mitigation
Minimize project-related risks by identifying potential issues in advance, allowing for
proactive risk mitigation strategies
Innovation and Transformation
Position Saudi PIF as a pioneer in project management innovation, enhancing its
competitiveness on a global scale
 AI-Powered Project Management Scope
What’s Included in the Project What’s Excluded in the Project

AI-Driven Predictive System Hardware Procurement

Development and implementation of an AI-driven The project does not involve the procurement of
predictive analytics system for project management additional hardware infrastructure

Comprehensive Data Integration Project Execution

Integration with existing project data sources, both The AI system will not execute projects but will provide
internal and external insights and recommendations

Feedback Mechanism Long-Term Maintenance Cost

Establishment of a feedback loop to continuously While initial system maintenance is included,
improve predictive accuracy long-term maintenance costs are excluded

Real-time Alerts Non-Project Data

Automatic generation of real-time alerts and Data not directly related to project management is
notifications for potential project issues not within the project's scope
 AI-Powered Project Management
Project Delay Identification
By leveraging historical data and real-time
inputs, we aim to identify potential project
issues before they escalate, allowing for
timely interventions
Resource Optimization
Our AI system will help optimize resource
allocation by analyzing personnel skills,
manpower and materials availability, and
project demands
Data-Driven Decision-Making
Project managers will have access to
data-driven insights, enabling them to
make informed decisions that enhance
project efficiency and success rates
Deliverables
Continuous Improvement
Through the feedback loop, we plan to
continuously refine the predictive model,
ensuring it aligns with evolving project
1 6 dynamics and Saudi PIF's strategic goals
Strategic Alignment
2 5 The implementation approach is designed
to align with Saudi PIF's broader vision,
including Saudi Vision 2030, by enhancing
project management capabilities
3 4
Feedback Integration
The project will establish a feedback loop
for stakeholders to provide real-time
updates and insights
 Methodologies and Techniques
Data Integration
● Utilize ETL (Extract, Transform, Load) processes to integrate data from diverse sources.
● Implement data warehousing and data lake solutions for efficient data storage and retrieval.

Deep Learning Algorithms

● Apply time-series analysis techniques, including ARIMA, for temporal data prediction.
● Utilize deep learning techniques like LSTM for pattern recognition and prediction.

Feedback Loop Design

● Implement a closed-loop feedback system to continuously improve the AI model's accuracy.
● Use user-centered design principles to ensure stakeholder engagement and participation.

Data Visualization
● Leverage data visualization libraries and tools to create intuitive dashboards.
● Enable interactive reporting for project managers to explore insights effectively
 Implementation Approach
Data Collection and Integration
1) Gather project data from various sources, including historical records, project
Phase 1 management tools, and external databases
2) Implement data integration strategies to ensure seamless data flow to the AI system

Data Preprocessing and Cleaning

Phase 2 1) Thoroughly clean and preprocess the collected data to ensure accuracy and consistency.
2) Address missing values, outliers, and data quality issues

Feature Engineering
Phase 3 1) Extract relevant features from the data, including project characteristics, resource details,
and external factors.
2) Create a feature set suitable for predictive modeling.

AI Model Selection and Training

1) Choose appropriate machine learning algorithms, such as time-series analysis techniques
Phase 4 (ARIMA) and deep learning (LSTM).
2) Train the selected model using historical data, optimizing parameters for accuracy.
 Implementation Approach

Deploy Predictive Analysis

1) Deploy the trained model to analyze current project data and identify potential delays or
Phase 5 resource shortages.
2) Generate real-time alerts and notifications for project managers.

Feedback Loop Implementation

Phase 6 1) Establish a feedback mechanism for project stakeholders to provide updates on project status.
2) Incorporate user feedback to refine the model and improve predictions.

Visualization and Reporting

Phase 7 1) Develop a user-friendly dashboard and reporting system to visualize project insights and
predictions.
2) Enable project managers to make informed decisions.
 Data Requirements
Optimized decisions will be taken during data collection
All data types are non-compulsory and will be used on project need basis

Resource Historical Feedback

Data Data Data
Continuous feedback
Information about Previous project data
loops where project
personnel assigned to that enables the
stakeholders provide
the project, including identification of
updates on project
skills, availability, and patterns and trends in
status and potential
roles delays and issues
issues

Project External
Task Data
Data Factors
Data related to
A comprehensive market conditions,
Details encompassing
breakdown of project regulatory changes,
project scope,
tasks, dependencies, weather, and other
objectives, timelines,
and expected external factors that
and milestones
durations could impact the
project
 Sources of Data for Collection
Optimized decisions will be taken during data collection
All data types are non-compulsory and will be used on project need basis

Data Feedback
HR Systems
Warehouses Loops
Centralized data Custom-built interfaces
Information on storage for efficient to capture feedback
personnel, their skills, data retrieval and from project
and availability management stakeholders

Project Previous
Regulatory
Management Project
Agencies
Tools Records
Data from tools like
Microsoft Project, Historical data within Information on
Trello, or JIRA that the organization's regulatory changes
contain task and database affecting projects
timeline information
 Data Collection and Management
Data Collection Methods
● API Integration: Establish connections with external data providers for real-time updates.
● ETL Processes: Implement Extract, Transform, Load processes for efficient data collection.
● Database Integration: Connect to internal databases to retrieve project and resource data.

Data Quality Assurance

● Data Cleaning: Identify and address missing values, outliers, and inconsistencies in the data.
● Normalization: Ensure data is in a consistent format for analysis.
● Data Validation: Implement checks to maintain data accuracy and reliability.

Data Security and Compliance

● Access Controls: Restrict data access to authorized personnel.
● Encryption: Secure data transmission and storage with encryption protocols.
● Compliance: Ensure data handling practices comply with industry regulations and best practices.
 AI-Powered Project Management Output
EXPECTED BENEFITS

01 02 03 04 04

Enhanced Improved Enhanced

Cost Competitive
Project Decision Stakeholder
Savings Advantage
Efficiency Making Satisfaction
Optimized resource Timely delivery Efficiency
Cost reduction Data-driven insights
allocation for boosts client establishes industry
through resource empower informed
productivity and satisfaction and leadership with
efficiency and fewer and proactive
proactive communication AI-powered
budget overruns. decisions
issue-solving builds trust management
 Next Steps
AI-Powered Project Management

We will kickstart the project by assembling a dedicated team

of experts. Initial project planning and resource allocation will Project Initiation
take place.

We will begin gathering project-related data from various

Data Collection and Integration sources. This data will serve as the foundation for our
predictive analytics.

Our data scientists will develop and rigorously test the

predictive AI model. The model's performance will be Model Development and Testing
fine-tuned for accuracy.

A pilot implementation phase will demonstrate the system's

Pilot Implementation effectiveness. Feedback from this phase will be used for
further refinements.

Once validated, the system will be deployed across Saudi PIF's

projects. Continuous monitoring and updates will ensure Full-Scale Deployment
optimal performance.
Post-Implementation Support and Maintenance
Our commitment doesn't end with deployment. We provide comprehensive
post-implementation support to ensure the ongoing success of the AI-powered
inventory management system.

Regular system monitoring, performance optimization, and updates will be conducted

to maintain peak efficiency and address any emerging needs.

We believe in continuous improvement. Feedback from users and system performance

will guide iterative enhancements and updates to the AI models.

Our solution is designed with scalability in mind, allowing it to adapt seamlessly to the
evolving needs of Kanoo Energy and Industrial.
 Partnering For Success
Long-term
success is our
priority

We see this collaboration as a

strategic partnership. Together, we
aim to elevate project
management to new heights.

Our commitment to excellence extends throughout the

project lifecycle. We strive for nothing less than
exceptional results.

This project isn't just about technology; it's about transformation.

It's about achieving unparalleled project efficiency and success.
 Connect with Us

We invite you to take the next step in transforming your project management
Let's align our expertise with your vision, creating a synergy that propels us forward
Together, we'll reshape the future of Saudi PIF

For inquiries, discussions, and collaboration, please feel free to contact us

We look forward to hearing from you and embarking on this transformative journey together

Sudipto Banerjee
CEO, Founder
sudiptobanerjee@sbconsultancies.com
+91-9833320264
THANK YOU