Smart Innovations Global AI Project, Programme, Portfolio Management

Original Prompt: Create an infographic displaying a project, programme and portfolio diagram that clearly describes and demonstrates a project, programme and portfolio management structure for stakeholders at all levels of the organisation AND that can be applied to the organisational environment of the selected case study (organisation) below. It must be clearly demonstrated how the project fits within the context of the programme or portfolio and how it impacts on overall success through delivering value to the organisation. Review and evaluate the functions of project, programme and portfolio management frameworks and models. Be sure to include the following information in the infographic: A brief description of the organisation for which you have developed the infographic; Details of the components of the frameworks and models; Details of the functions and deliverables in the framework and models; Details of responsibilities in the framework and models; A summary of the differences, similarities and relationships you have identified between project, programme and portfolio management, including the hierarchy of the framework or model and how it applies to the organisation; Details of how the chosen organisational structure affects your diagram; Details of the project portfolio management investment pipeline in relation to the structure/model. Case (Organisation) As an aspiring portfolio management professional, you are an integral part of Smart Innovations Global LCC, a multinational corporation specialising in Artificial Intelligence technologies and seeking to "enable the use of Artificial Intelligence in portfolio and software project management", which has grown significantly globally. The organisation struggles with the use of traditional project management methods as opposed to the Agile methodology. Strategic Goal 1: Increase operational efficiency through AI-based project management. Objective Key deliverables 1 - Increase operational efficiency by embedding AI-based solutions into all project management processes. Implement task automation: KPI 1: Achieve a 40% reduction in time to complete routine tasks by implementing AI-based automation within six months. KPI 2: Achieve a 30 per cent reduction in manual errors associated with repetitive tasks through AI-powered automation within the first quarter. Predict and mitigate risks: KPI 3: Identify and eliminate 80% of high-risk issues before they escalate using an artificial intelligence-based risk prediction system within three months. KPI 4: Improve risk identification accuracy by 50% over previous manual methods within the first five months. Resource Optimisation: KPI 5: Achieve a 20 per cent increase in project resource utilisation through AI-based optimisation within four months. KPI 6: Reduce resource allocation conflicts by 60 per cent within the first six months of implementing an AI-based resource optimisation tool During the year, the company built a portfolio of artificial intelligence-based project management solutions. Business cases for three projects have been approved and the company is in the implementation phase, including but not limited to adding new projects to the artificial intelligence project management solution portfolio. Project A: Task Automation using Artificial Intelligence Project B: Predicting and mitigating risks using artificial intelligence Project C: Resource Optimisation with AI Projects are running in three regions (US, UK and Australia), showing moderate success in individual project delivery. However, as Smart Innovations Global continues to grow and diversify its operations and plans further expansion into Asia, the company faces a pressing challenge - the lack of a structured and coherent approach to managing its diverse portfolio of projects.

Model: Imagen 4

Created on 3/19/2024 Report

Updated on 8/8/2025