AIoT-Enabled Project Management: Enhancing Real-Time Decision-Making, Risk Mitigation, Operational Efficiency & Analysis

The convergence of Artificial Intelligence (AI) and the Internet of Things (IoT), collectively known as AIoT, has unlocked new dimensions in project management. This paper explores how AIoT technologies can radically enhance planning accuracy, operational visibility, risk prediction, and adaptive control across various phases of a project lifecycle. Leveraging synthetic data simulating real-world construction and IT projects, we examine the application of predictive models, IoT-enabled sensing, and AI-driven dashboards. The results show significant improvements in safety response time, asset utilization, material wastage reduction, and schedule adherence.