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How AI Is Changing Contracts

Harvard Business

While software for legal document review has existed for years, it typically only helps companies store and organize their contracts. AI contracting software can, for example, identify contract types (even in multiple languages) based on pattern recognition in how the document is drafted. 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 Out-of-date data.