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Riyadh Hosts 3rd Global Project Management Forum

Exploring Project Management Excellence and Innovations

June 2, 2024
in Innovation & Tech
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During the third edition of the Global Project Management Forum held in Riyadh under the theme ‘Achieving the Dream: Leadership, Empowerment, Sustainability’, from June 2 to 3, a range of topics were discussed. These included experiences, practices, and recent developments in project management across various sectors, highlighting the forum as a platform for exchanging opinions, visions, and innovative ideas for the successful execution of major projects.

The first session of the forum addressed ‘Opportunities and Success Factors in Mega Projects’, which play a significant role in driving substantial changes in the local and global economy, opening new horizons for economic development. These projects not only contribute to job creation and infrastructure improvement but also represent massive financial investments that require clear vision and meticulous planning to ensure their success and the achievement of sustainable development and economic prosperity goals.

The second session titled ‘Expectations of Saudi Vision 2023’, discussed the key forecasts, challenges, and opportunities associated with achieving Saudi Arabia’s 2030 Vision, which serves as a roadmap towards economic diversification and enhanced sustainable development. The commitment of the Kingdom to realize this ambitious vision was explored, emphasizing the adoption of best practices in project management that contribute to building a diverse and sustainable economy.

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Two dialog sessions focused on ‘Artificial Intelligence as a Project Manager’ and ‘AI Innovations in Project Success’, delving into the role that these innovations play in project success. The discussions covered the positive uses of artificial intelligence, its impact on productivity, cost reduction, and the challenges faced in adopting AI technologies in projects, as well as strategies for addressing them. Additionally, a session titled ‘Exceeding Production Rules and Achieving Career Longevity’ underlined that a career is a continuous journey requiring hard work and commitment, where exceeding production rules means creatively and innovatively thinking to enhance processes and efficiency by leveraging modern technologies, such as AI and big data analytics, to improve decision-making and productivity.

The sessions concluded with a focus on ‘Enhancing Major Saudi Projects: Korean Startups and Global Investment’, discussing the importance of major Saudi projects, ways to develop and strengthen them in all fields, as well as the significance of global cooperation in the investment sector. This included examining economic development areas and various investment opportunities worldwide, including Korean startups, and their role in fostering mutual investments between the Kingdom and the Republic of Korea.

The forum’s sessions also explored key themes such as infrastructure, technology and innovation, cities of the future, and community development, aiming to showcase the implementation of smart, sustainable, and innovative practices in project management. The Kingdom’s leadership role in driving the region’s development and progress was highlighted, positioning it as a pioneering model in adopting the highest international standards for executing numerous large-scale projects.

Tags: Artificial IntelligenceEconomic DevelopmentProject ManagementSaudi Vision 2030Sustainable Growth
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