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How AI Is Changing Contracts

Harvard Business

But recent technological developments like artificial intelligence (AI) are now helping companies overcome many of the challenges to contracting. While software for legal document review has existed for years, it typically only helps companies store and organize their contracts. New Processes Require New Skills.

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The Importance of Project Risk Management for A&E Firms

Progressus

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. Lack of supporting documentation. First, it’s important to understand the complexity of cost estimating. Out-of-date data.