Artificial Intelligence and Agility-Based Model for Successful Project Implementation and Company Competitiveness

The purpose of the paper is to present a model of factors affecting the successful project implementation by introducing agility and artificial intelligence to increase the company’s competitiveness. In the model, the multidimensional constructs describing the implementation of an agile work environ...

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Main Authors: Polona Tominc, Dijana Oreški, Maja Rožman
Format: Article
Language:English
Published: MDPI AG 2023-06-01
Series:Information
Subjects:
Online Access:https://www.mdpi.com/2078-2489/14/6/337
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author Polona Tominc
Dijana Oreški
Maja Rožman
author_facet Polona Tominc
Dijana Oreški
Maja Rožman
author_sort Polona Tominc
collection DOAJ
description The purpose of the paper is to present a model of factors affecting the successful project implementation by introducing agility and artificial intelligence to increase the company’s competitiveness. In the model, the multidimensional constructs describing the implementation of an agile work environment and artificial intelligence technologies and tools were developed. These multidimensional constructs are agile work environment, agile leadership, agile team skills and capabilities, improving the work of the leader in the project, adopting AI technologies in the project, and using AI solutions in a project. Their impact on successful project implementation and on the company competitiveness was tested. The fundamental reason for conducting this research and developing the model is to enhance the understanding of factors that contribute to the successful implementation of projects and to increase a company’s competitiveness. Our developed model encompasses multidimensional constructs that describe the agile work environment and the utilization of AI technologies. By examining the impact of these constructs on both successful project implementation and company competitiveness, we aimed to establish a comprehensive framework that captures the relationship between agility, AI, and successful project implementation. This model serves as a valuable tool for companies seeking to improve their project implementation processes and gain a competitive edge in the market. The research was based on a sample of 473 managers/owners in medium-sized and large companies. Structural equation modeling was used to test the hypotheses. In today’s turbulent environment, the results will help develop guidelines for a successful combination of agile business practices and artificial intelligence to achieve successful project implementation, increasing a company’s competitiveness.
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spelling doaj.art-a627d33e2e6e4960966bd2bb6c5ea8e22023-11-18T10:54:41ZengMDPI AGInformation2078-24892023-06-0114633710.3390/info14060337Artificial Intelligence and Agility-Based Model for Successful Project Implementation and Company CompetitivenessPolona Tominc0Dijana Oreški1Maja Rožman2Department of Quantitative Economic Analysis, Faculty of Economics and Business, University of Maribor, 2000 Maribor, SloveniaDepartment of Information Systems Development, Faculty of Organization and Informatics, University of Zagreb, 10000 Zagreb, CroatiaDepartment of Quantitative Economic Analysis, Faculty of Economics and Business, University of Maribor, 2000 Maribor, SloveniaThe purpose of the paper is to present a model of factors affecting the successful project implementation by introducing agility and artificial intelligence to increase the company’s competitiveness. In the model, the multidimensional constructs describing the implementation of an agile work environment and artificial intelligence technologies and tools were developed. These multidimensional constructs are agile work environment, agile leadership, agile team skills and capabilities, improving the work of the leader in the project, adopting AI technologies in the project, and using AI solutions in a project. Their impact on successful project implementation and on the company competitiveness was tested. The fundamental reason for conducting this research and developing the model is to enhance the understanding of factors that contribute to the successful implementation of projects and to increase a company’s competitiveness. Our developed model encompasses multidimensional constructs that describe the agile work environment and the utilization of AI technologies. By examining the impact of these constructs on both successful project implementation and company competitiveness, we aimed to establish a comprehensive framework that captures the relationship between agility, AI, and successful project implementation. This model serves as a valuable tool for companies seeking to improve their project implementation processes and gain a competitive edge in the market. The research was based on a sample of 473 managers/owners in medium-sized and large companies. Structural equation modeling was used to test the hypotheses. In today’s turbulent environment, the results will help develop guidelines for a successful combination of agile business practices and artificial intelligence to achieve successful project implementation, increasing a company’s competitiveness.https://www.mdpi.com/2078-2489/14/6/337artificial intelligenceagile work environmentcompany competitivenessproject management
spellingShingle Polona Tominc
Dijana Oreški
Maja Rožman
Artificial Intelligence and Agility-Based Model for Successful Project Implementation and Company Competitiveness
Information
artificial intelligence
agile work environment
company competitiveness
project management
title Artificial Intelligence and Agility-Based Model for Successful Project Implementation and Company Competitiveness
title_full Artificial Intelligence and Agility-Based Model for Successful Project Implementation and Company Competitiveness
title_fullStr Artificial Intelligence and Agility-Based Model for Successful Project Implementation and Company Competitiveness
title_full_unstemmed Artificial Intelligence and Agility-Based Model for Successful Project Implementation and Company Competitiveness
title_short Artificial Intelligence and Agility-Based Model for Successful Project Implementation and Company Competitiveness
title_sort artificial intelligence and agility based model for successful project implementation and company competitiveness
topic artificial intelligence
agile work environment
company competitiveness
project management
url https://www.mdpi.com/2078-2489/14/6/337
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AT dijanaoreski artificialintelligenceandagilitybasedmodelforsuccessfulprojectimplementationandcompanycompetitiveness
AT majarozman artificialintelligenceandagilitybasedmodelforsuccessfulprojectimplementationandcompanycompetitiveness