article thumbnail

How AI Is Changing Contracts

Harvard Business

Because AI contracting software trains its algorithm on a set of data (contracts) to recognize patterns and extract key variables (clauses, dates, parties, etc.), And it can reduce the risk of human error in contract drafting and review. New Processes Require New Skills.

article thumbnail

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

Harvard Business

We were even surprised to find little consistency in the definition of work-life flexibility. Many practices in organizations fit within this definition, including flex time, telecommuting, reduced-load work, and parental leaves. Some have already started. Managers and employees reported higher well-being in these stores.

article thumbnail

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.