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Creating a Risk Register: All You Need to Know

Epicflow

Project management goes hand in hand with uncertainty and risks. The present-day disruptions caused by the pandemic bits and pieces, military conflicts, and geopolitical tensions can only increase the number of risks that projects will be exposed to. . Risk Register: Definition and Purpose . Risk description

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How AI Is Changing Contracts

Harvard Business

The main challenge firms face in contracting arises from the sheer number of contracts they must keep track of; these often lack uniformity and are difficult to organize, manage, and update. Improved Tools for Managing Contracts. AI software, however, can easily extract data and clarify the content of contracts.

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Hourly Workers Need Flexibility the Most, But Are Often the Least Likely to Get It

Harvard Business

In our recent study , published in the Academy of Management Annals, we analyzed trends across 186 studies, conducted between 2010 and 2015, of work-life flexibility and its impacts. We were even surprised to find little consistency in the definition of work-life flexibility. Some have already started.

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The Importance of Project Risk Management for A&E Firms

Progressus

In the highly competitive A&E marketplace, knowing and anticipating a project’s expenses correctly provides a definite advantage when competing for a contract. But, even in the best of circumstances, cost estimating is complicated and there are myriad risks and uncertainties to consider.