Beyond Estimation: How AI is Shaping the Future of

Risk-Informed Project Decisions

21 July at 11:00 AM Eastern (US)

Earn 0.1 CEUs!

Overview: This session explores how AI is moving beyond supporting cost and schedule estimation to enabling smarter, faster, and more adaptable decision-making across the full project lifecycle.

We’ll examine the evolution from probabilistic inputs to dynamic decision modeling using AI-assisted forecasting, scenario generation, and risk optimization. Real-life use cases will illustrate how organizations are integrating AI into their risk analysis workflows to enhance contingency planning, and improve decision making under uncertainty. Participants will leave with practical examples and actionable strategies to use AI as a decision trusted partner—not just a modeling tool.

Primary Discussion Topics:

• From Estimation to Decisions: Integrating AI into the broader project decision process beyond modeling.
• AI Scenario Planning: Using AI to generate and stress-test scenarios dynamically in response to new data.
• Reducing Cognitive Bias: How AI can help challenge assumptions, reveal blind spots, and guide better risk-based choices.
• Smart Contingency Planning: Using machine learning to suggest adaptive contingency strategies under uncertainty.
• Live Demo/Use Case: Illustrating AI-supported decision workflows in cost/schedule/risk planning.

Presenter:

Manuel Carmona, Risk and Decision Analysis Specialist, MBA PMI-RMP

AACE Host:

H. Lance Stephenson, CCP FAACE Hon. Life

NOTE: The webinar is free, but registration is required. CEUs will be available for both members and nonmembers.