ABSTRACT

Project management always involves risk. Central features of any engineering project are to produce a result that leads to customer satisfaction, is accomplished on schedule, and is accomplished within budgeted cost. At the start of any project, there are uncertainties in each of these factors and it is important to manage the associated risk. This management can help limit the potential for negative consequences arising from these uncertainties and maximize the possibilities that results will be better than the target values. Why artificial intelligence projects fail? How to avoid? The answers to the questions are provided in this chapter.