Tom Spencer

JULY 28, 2023

Consulting firms can bring expertise in technology assessment, data management, risk management, regulatory compliance, as well as acting as a catalyst for change. Consultants can evaluate existing systems, infrastructure, and data capabilities to identify areas where AI-based systems can be leveraged effectively.

Operations 78

Operations Energy Data System 78

Epicflow

JUNE 10, 2022

developing a poor project plan), Executing (e.g., Finally, increased digitalization carries cybersecurity risks that can put sensitive data as well as a project’s safety at stake. . Risks specific for the aerospace and defense industry. Step 2: Identifying risks . Step 3: Analyzing risks. Dawson, Scott.

Engineering 98

Engineering Management How To Risk Analysis 98

Epicflow

MARCH 22, 2024

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?

Risk Analysis 52

Risk Analysis Data Management Analysis 52

Comatch

MAY 16, 2022

The European Union will start to demand carbon footprint data from 2023 and introduce a carbon border tax from January 2026. Companies need to start acting now to get data for compliance in 2023 and take this opportunity to assess carbon risks and mitigation actions together with suppliers.

Chemicals 52

Chemicals Energy Metrics Industry 52

Harvard Business

FEBRUARY 12, 2018

But recent technological developments like artificial intelligence (AI) are now helping companies overcome many of the challenges to contracting. AI software, however, can easily extract data and clarify the content of contracts. (It Being able to identify and extract key data points helps firms organize and execute contracts as well.

Software 28

Software Tools Data Efficiency 28

Harvard Business

AUGUST 1, 2018

More recently, a study compared the commonly used crime risk analysis tool COMPAS against recidivism predictions from 400 untrained workers recruited via Amazon Mechanical Turk. Sampling bias may produce models trained on data that is not fully representative of future cases. Pair data scientists with a social scientist.

Data 35

Data Training Training Metrics 35

Progressus

AUGUST 29, 2023

Give Accurate Project Estimates Deriving high-quality cost estimates depends heavily on the quality of data, for example, historical databases, comprehensive project plans, and standard work break down structures make it easier to make comparisons to similar projects. All estimates should link back to relevant data. Out-of-date data.

Comparison 52

Comparison Management Data Analysis 52