article thumbnail

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

Epicflow

To identify possible project risks, it’s reasonable to analyze historical data, consult stakeholders and the project team as well as perform simulations. The classifications of risks mentioned in the previous section will also be useful to determine possible threats. . Step 3: Analyzing risks. AS9100 Biggest Risks. .

article thumbnail

Creating a Risk Register: All You Need to Know

Epicflow

How to Create a Risk Register? Before filling in a risk register, you should think of all possible risks. analyzing historical data, consulting stakeholders and team members, modeling and simulations. Let’s consider how they help through the example of Epicflow, a multi-project resource management software.

article thumbnail

Saving ?osts in a Long-Term Perspective: How a Resource Management Solution Will Help You Gain More in the Long Run

Epicflow

Poor risk management In times of instability and uncertainty, projects are vulnerable to negative risks more than ever, which highlights the need for thorough risk analysis and preparation to respond to them beforehand. Cost Cutting: Importance of Strategy, Risks Posed. References Kenton, Will.