Epicflow

JUNE 10, 2022

When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . So, the importance of risk management cannot be overestimated – it’s better to stay ahead of all possible threats to your project. . Main Risks Affecting Aerospace Engineering Projects.

Engineering 98

Engineering Management How To Risk Analysis 98

Epicflow

APRIL 29, 2022

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. . What kind of document is it, and how to compile one?

Resources 52

Resources Efficiency Management Examples 52

Epicflow

MARCH 22, 2024

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?

Risk Analysis 52

Risk Analysis Data Management Analysis 52

Harvard Business

FEBRUARY 12, 2018

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. Managing variations is a huge undertaking that requires proactive organization.

Software 28

Software Tools Data Efficiency 28

Progressus

AUGUST 29, 2023

But you should always be on the lookout for common items that significantly increase risk in the planning and budgeting phase of projects, such as: Faulty assumptions. Lack of supporting documentation. While changes can be facilitated through a change management process, this is not the optimal approach. Out-of-date data.

Comparison 52

Comparison Management Data Analysis 52