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

Epicflow

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. Building an air-/spacecraft costs millions of dollars, so the end product must meet the customers’ requirements to the full.

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

Epicflow

Meeting the increasing demand under conditions of ongoing resource shortage is a challenge for manufacturing project management. Read the next section to find out how the implementation of project management can help them meet these needs. Better visibility of the manufacturing processes.

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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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Creating a Risk Register: All You Need to Know

Epicflow

A risk log should be shared with all project stakeholders and team members and reviewed at every team meeting not to miss any important updates. . Let’s explore how a risk register should be created. How to Create a Risk Register? Before filling in a risk register, you should think of all possible risks.

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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. But both variants will be costly, especially if we look from a long-term perspective.

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Make “Fairness by Design” Part of Machine Learning

Harvard Business

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.

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