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Main Risks of Aerospace Engineering Projects: How to Implement Wise Risk Management into Your Organization

Epicflow

When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . So, the importance of risk management cannot be overestimated – it’s better to stay ahead of all possible threats to your project. . Let’s figure it out in the article. . Talent management.

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The Ultimate Guide to Manufacturing Project Management: Best Practices and Strategies

Epicflow

The solution lies in intelligent project and resource management. Read the article to gain insight into the specifics of manufacturing project management and learn useful recommendations on the effective orchestration of projects in the industry. Increased use of technologies and related risks Industry 4.0

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Managing Risks and Controlling Projects: How Data-Driven Project Management Come in Useful for Multi-Project Environments

Epicflow

This article is inspired by the webinar featuring Epicflow co-founder Jan Willem Tromp and professor Mario Vanhoucke based on his latest book “The Illusion of Control: Project Data, Computer Algorithms and Human Intuition for Project Management and Control”. So, what do you need for an efficient risk analysis?

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How AI Is Changing Contracts

Harvard Business

Contracting is a common activity, but it is one that few companies do efficiently or effectively. The main challenge firms face in contracting arises from the sheer number of contracts they must keep track of; these often lack uniformity and are difficult to organize, manage, and update. Improved Tools for Managing Contracts.

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The Importance of Project Risk Management for A&E Firms

Progressus

Lack of Change Control: You can expect there to be a degree of scope creep in most projects, therefore it is important to design a process to manage these changes. While changes can be facilitated through a change management process, this is not the optimal approach. With the best of these circumstances, cost estimating is difficult.