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

FEBRUARY 15, 2024

The solution lies in intelligent project and resource management. Read the article to gain insight into the specifics of manufacturing project management and learn useful recommendations on the effective orchestration of projects in the industry. Increased use of technologies and related risks Industry 4.0

Management 52

Management Strategy Strategy Strategy& 52

Steve Shu Consulting

MAY 18, 2017

For example, when catching a fly baseball, sometimes people use a gaze heuristic to keep the ball at roughly the same inbound angle by adjusting their position and moving forward or backward. For example, people often talk about a 4% drawdown rule/heuristic for using your wealth at retirement (e.g., What follows are my thoughts.

Risk Analysis 150

Risk Analysis Analysis Examples Management 150

Tom Spencer

JULY 28, 2023

By harnessing the potential of AI, companies can optimize the integration and management of clean technologies , leading to increased efficiency, cost savings, and environmental sustainability. AI algorithms rely on having access to large high-quality data sets for accurate analysis and decision-making.

Operations 78

Operations Energy Data System 78

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. . Risk Register: Definition and Purpose . Risk description .

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

Comatch

MAY 16, 2022

It is often also a management decision to be proactive and become a competitive company that spends resources wisely to build shareholder value in the long run. One famous example is Volvo announcing in 2021 that from 2030 on, they would only sell fully-electric cars (phasing out combustion engines, including hybrids). .

Chemicals 52

Chemicals Energy Metrics Industry 52