Remove Document Remove Efficiency Remove Risk Analysis Remove Training
article thumbnail

The Importance of Project Risk Management for A&E Firms

Progressus

But, even in the best of circumstances, cost estimating is complicated and there are myriad risks and uncertainties to consider. Companies should invest in proper training for estimating professionals. Lack of supporting documentation. First, it’s important to understand the complexity of cost estimating. Out-of-date data.

article thumbnail

How AI Is Changing Contracts

Harvard Business

Contracting is a common activity, but it is one that few companies do efficiently or effectively. These firms have generally seen an increase in productivity and efficiency in their contracting. While software for legal document review has existed for years, it typically only helps companies store and organize their contracts.