How do you correctly price your product or service? A comprehensive guide to pricing?

How do you correctly price your product or service? A comprehensive guide to pricing?

discover | Friday - 20 / 02 / 2026 - 10:13 am

Let me ask you: How many times have you felt that the performance reports you’re working on don’t reflect the real situation? How many times have you been asked to make critical decisions and complete all phases quickly?

These questions may bring to mind recurring situations whose weaknesses lie in one point: the lack of a comprehensive vision between project planning and execution.

As project managers are asked to reduce costs, the pressure to complete quickly increases. This prompts you to think carefully about how to manage projects easily and without complications.

Hence, AI tools have emerged and imposed their presence by enhancing and facilitating project management efficiency. Instead of relying on guesswork and miscalculations, AI can:

• Provide a comprehensive view: combining historical data with future forecasts.
• Reduce human error: with up to 90% accuracy in predicting risks.
• Improve efficiency: with an 85% increase in project success rates.

But how exactly does this happen? And what practical tools can be applied today?  Continue reading this article to discover the secret to AI turning even the most difficult projects into easy tasks.

First, what are the challenges facing traditional project management?

Traditional project management faces challenges that negatively impact organizations’ success and competitiveness. The most prominent of these challenges include:

1. Inaccurate time and financial estimates:

Most organizations rely on individual expertise or limited historical data when preparing schedules and budgets. This reliance on traditional estimates leads to costly time and budget overruns.

In terms of time, 60% of projects are between one and six months behind schedule.

2. Difficulty in tracking the progress of complex projects:

Project managers find themselves faced with a vast amount of data scattered across different systems. It becomes difficult to obtain a comprehensive and clear picture of the project’s status.

Complexity increases with multiple concurrent projects.

3. Communication and team coordination problems:

This problem stands out as one of the biggest obstacles, especially in projects involving multidisciplinary teams, and the challenges are even greater with geographically dispersed teams. 

This challenge also increases with the increasing complexity of projects and the overlap of tasks.

This leads to the loss of vital information and delays in making important decisions.

Many may wonder, “What’s the solution?”

Logix AI-powered project management system is the perfect choice to simplify and streamline your projects.

But how does this system actually make a difference? Read on for detailed and valuable information that will elevate your business to exceptional levels of efficiency and accuracy.

How Logix AI Transforms Project Management from Complexity to Simplicity:

Let me tell you the story of a distinguished client who chose to move into the future by adopting Logix AI-powered project management system.

This story summarizes how technology can completely transform the workplace and redefine productivity.

The State Before AI: A Real Organizational Crisis:

Innovation Technologies is a company specializing in developing smartphone applications. This company was experiencing a real organizational crisis.  Project manager Ahmed recalls this phase, saying, “We were managing 12 projects simultaneously, and I would wake up every morning to find over 200 emails and 50 reports from different teams. I no longer knew which projects were on track and which were falling behind.”

The Decision to Change: Searching for the Best Solution:

After extensive research and comparing several available solutions, Ahmed and his team decided to adopt Logix AI-powered project management system. Despite initial skepticism, the results began to show quickly.

The Beginning of the Transformation: Challenges and Achievements:

In the first week, the team faced challenges adapting to the new system, with some members even believing it to be an unnecessary additional complexity. But, as Ahmed says with a smile, “Miracles quickly began to happen.” The system began analyzing three years of data from previous projects, identifying work patterns and glitches with amazing accuracy, laying the foundation for a radical shift in the way we work.

The Amazing Transformation: From Chaos to Order:

Just six months after implementing the system, the landscape within the company had completely changed. Ahmed’s office was no longer filled with chaos; it was now an organized place where he started his day with a cup of coffee and calmly browsed the smart dashboard, which accurately and clearly displays the status of projects within minutes.

The results: numbers speak for themselves as follows:

The company achieved impressive results by all measures:

1. Estimate accuracy:

Increased from 55% to 94%, thanks to predictive analytics that learns from each new project and continuously improves its algorithms.

2. Time savings:

Time spent on administrative tasks decreased from 15 hours per week to just 3 hours, freeing the team to focus on creative and strategic activities.

3. Cost control:

Budget overruns decreased from 30% to less than 5%, strengthening the financial stability of projects and improving their profitability.

4. Team satisfaction:

Increased from 60% to 89%, thanks to a focus on creative work rather than repetitive and tedious routine tasks.

5. Customer satisfaction:

Jumped from 65% to 96%, thanks to transparency in performance and on-time and quality project delivery.

Conclusion: A role model!

Logix AI system has transformed from complexity and chaos to a model of efficiency and agility, all thanks to one smart and bold step toward adopting artificial intelligence. It’s a step that not only improved workflow, but also redefined what can be achieved when human expertise meets the power of advanced technology, proving that the future is not just a dream, but an achievable reality with the right will and vision.

Practical Application: Steps to Transformation with Logix AI System:

This transformation occurs through advanced mechanisms that reshape project management and radically change the way we plan, execute, and monitor. These include:

1. Advanced Predictive Analysis:

Machine Learning-based algorithms rely on analyzing historical data from previous projects to discover patterns and trends.

2. Intelligent Automation of Routine Tasks:

You no longer need to waste your time updating schedules or preparing reports. Logix AI system automatically handles these tasks, freeing project managers up for higher-value strategic and creative tasks.

3. Continuous Resource Optimization:

The system continuously analyzes the utilization of human, financial, and technical resources and proposes more efficient allocation mechanisms, ensuring maximum utilization of available resources and reducing waste.

4. Unified interfaces for monitoring and control: 

Data is collected from various sources and displayed through interactive, easy-to-understand dashboards, enabling managers to gain a comprehensive view of the project’s status and make accurate, rapid decisions based on live, integrated data.

Now that you’ve learned how to transition from traditional project management to AI-powered smart systems, it’s time to explore the key tools driving this change and serving as a cornerstone for enhancing implementation efficiency and accurate monitoring.

Top 4 AI Tools for Project Management:

The tools available today for applying AI in project management are diverse and cover all phases of the project lifecycle, from planning to completion and evaluation, making them a critical factor in achieving success and enhancing operational efficiency.

1. Planning and Scheduling:

Tools like Microsoft Project, integrated with Cortana Intelligence, and AI-powered Smartsheet, are emerging as important solutions for analyzing project complexity and setting realistic timelines. These tools automatically identify the critical path and send immediate alerts for any changes that could impact the schedule, helping to keep workflow smooth.

2. Human Resources Management:

Platforms like Monday.com and Asana rely on intelligent algorithms to assign tasks based on team members’ skills and current workload. These tools learn from past performance and optimize future task allocation to ensure the highest level of productivity.

3. Progress and Performance Monitoring:

Tools like Tableau and Power BI are among the most prominent solutions in this area. They use artificial intelligence to analyze data in real-time and generate automatic reports that highlight problems and potential opportunities for improvement.

4. Risk Management:

Tools like Resolver and LogicGate offer in-depth analysis using machine learning techniques, examining historical data to identify potential risks and estimating their likelihood and impact on the project. This enables the development of proactive response plans that mitigate the effects of risks before they escalate. 

By using these specialized tools, AI not only supports project management, but also becomes a strategic partner that contributes to informed decision-making, increased implementation accuracy, and achieves results that exceed expectations.

But what is the future of project management with artificial intelligence?

Current trends indicate that the future of project management is moving towards major transformations due to the rapid advancement of AI technologies, reshaping the concepts of work and the skills required in this sector.

The following are the most prominent technologies:

1. Intelligent assistants with semi-autonomous capabilities:

In the near future, we will witness the emergence of digital assistants capable of managing complex parts of projects semi-autonomously. Their mission will not be limited to implementation, but will also provide predictive analytics and strategic recommendations based on massive databases and advanced self-learning models, enabling project managers to make more accurate and effective decisions.

2. Accurate predictions thanks to deep learning:

With the advancement of deep learning algorithms and the increasing volume of data available from previous projects, intelligent systems will be able to provide highly accurate predictions regarding costs, timelines, and potential risks. This development will give organizations an unprecedented ability to plan with confidence and minimize errors. 

3. Integration with the Internet of Things (IoT):

Direct connectivity between project management systems and IoT devices will provide real-time data on locations, equipment, and human resources. This integration will enable teams to monitor and make quick decisions based on accurate field data, enhancing efficiency and reducing waste and delays.

4. Integration of Augmented and Virtual Reality into the Workplace:

Augmented reality (AR) and virtual reality (VR) technologies will become an essential part of the planning and execution process, especially in projects that require engineering design or physical construction. These tools will allow teams to view and interact with models before construction begins, reducing errors and accelerating completion stages.

In short, the future promises not only improved project management tools, but also a complete reshaping of how we think and execute, as artificial intelligence transforms from an assistant to a strategic partner in success.

Conclusion:

Artificial intelligence is not just a new technology; it represents a true revolution that transforms project management from a daily burden into a strategic competitive advantage. Thanks to its ability to analyze massive amounts of data, predict risks, and automate complex tasks, AI opens up unprecedented opportunities for efficiency and accuracy, offering capabilities previously unavailable in traditional methods.

The opportunity is now yours: Transform your projects from complexity to simplicity… Join the thousands of managers who have chosen Logix to achieve success!