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

Epicflow

The aerospace engineering sector deals with mostly large and complex projects. Accordingly, they are more vulnerable to the consequences of risk-bearing events. When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . Project management risks.

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The Impact of Carbon Taxation on Supply Chains in China

Comatch

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.

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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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Make “Fairness by Design” Part of Machine Learning

Harvard Business

Machine learning models used in a popular search engine struggle to differentiate human images from those of gorillas , and show female searchers ads for lower paying jobs relative to male users. Sampling bias may produce models trained on data that is not fully representative of future cases.

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The Importance of Project Risk Management for A&E Firms

Progressus

architect, engineer, designer) are automatically assumed to be qualified to collect, build, and analyze project scope and deliver estimates. In most cases, the better the data, the better the resulting estimate will be. All estimates should link back to relevant data. No historical data for similar projects for comparison.