Abstract
Risk management is a crucial process to any organisation. Risks are prevalent where uncertainty is present; i.e. the dynamic nature of a project environment exposes projects to ongoing risks. Although regulated by industry-wide standards and internal organisational guidelines, inefficiencies in monitoring of project risks have an adverse effect on the management of risks. Industry 4.0 is transforming the way in which organisations execute projects and artificial intelligence is one of the leading industry 4.0 technologies which is rapidly accelerating organisational performance. Artificial intelligence (AI) technologies are the driving force behind organisational advancement in the upcoming digital economy. As such, this research aims to establish the pertinent risk monitoring challenges facing project risk management practitioners and to investigate whether the use of AI technologies can address these challenges...
M.Ing. (Engineering Management)