Artificial Intelligence can be implemented in projects for reducing the requirement of human intervention in a repetition rule dependent tasks. The implementation of AI helps in opening opportunities for the customer values and stakeholders to manage different operational activities. The project parameters can be measured by the project manager for the development of cognitive intelligent solution with the help of machine learning algorithms. Presently there are different concerns, hype that have an impact of AI on the workforce for reskilling the transition of workforce. Values can eb added to the different phases of project development with the help of purposeful AI and the machine learning can also help in forecasting the behaviour of stakeholders and the risk associated with the project progress. The ability of the organization for capturing data from different fields of the project depends on the AI platform used by the organization and different knowledge management strategies that are used for increasing the workforce experience. The artificial intelligence is used for performing certain tasks such as logical deduction and inference, adoption and learning, ability for understanding natural language speech, ability for making decisions according to past experience, conflicting and insufficient information. The application of AI in project management helps the project manager to take smart decision and management of triple constraints by uncovering new insights and automating the mundane tasks. The computers can be used for automating the risk analysis, scope definition, development of project schedule, budgets, accessing outcomes of the project. The outcome of the project can be accessed and the issues can be tracked for improvement of efficiency of the project and aligning with the other business areas.