Driving PPP Projects through AI Standards: A Review

Abstract

Infrastructure projects in general have faced project management challenges since long. PPP projects that involve greater complexities of risk allocation and management, therefore, have not translated into executable projects in many instances. While research confirms potential benefits from employment of artificial intelligence and other technology in speedy decision making at different stages of PPP projects, industry standards on data sharing, transparency and cyber security will first have to gain momentum with increased cooperation between national and international authorities. This finding has been reached based on the information available in the public domain on the progress being made towards development of the ecosystem for adoption of AI in different countries/regions.  While many countries have formed national strategies for AI, there has not yet been adequate thrust towards instituting processes that will lead to nationally and internationally acceptable AI standards in many countries.