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

Progressus

AUGUST 29, 2023

But, even in the best of circumstances, cost estimating is complicated and there are myriad risks and uncertainties to consider. Companies should invest in proper training for estimating professionals. In most cases, the better the data, the better the resulting estimate will be. All estimates should link back to relevant data.

Comparison 52

Comparison Management Data Analysis 52

Harvard Business

AUGUST 1, 2018

” A chatbot trained using Twitter was shut down after only a single day because of its obscene and inflammatory tweets. 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.

Data 29

Data Training Training Metrics 29

Harvard Business

FEBRUARY 12, 2018

Most firms don’t have a database of all the information in their contracts – let alone an efficient way to extract all that data – so there’s no orderly and fast way to, for example, view complex outsourcing agreements or see how a certain clause is worded across different divisions.

Software 28

Software Tools Data Efficiency 28