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Key Technology Trends in the Construction Industry in 2024

Epicflow

At present, the construction industry is undergoing a substantial transformation. Read further to learn what construction trends are going to shape the industry in 2024, and how it’s expected to address current challenges and ensure sustainable growth. Other Construction Management Trends and Challenges in 2024 1.

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Trends Shaping the Automotive Industry in 2022

Epicflow

This year, the automotive industry is expected to continue its recovery following the headwinds of tough 2020. The general outlook for 2022 is rather optimistic – the industry is going to take further steps towards producing smarter vehicles. Read more: 2021 Automotive Industry Challenges and Trends. References .

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How to Understand Key Metrics in a New Industry

Tom Spencer

These numbers were used to describe the health of a business or industry, to identify trends, or point out top performers. To help me understand these new numbers I use analogies based on my initial training to help me understand a new industry. They have an operating budget based on the amount of their grant.

Metrics 88
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Bank Profitability: Decoding the Income Statement

Tom Spencer

A bank’s income statement can be simplified into five main line items: Net interest income Non-interest income Operating expenses Provision for credit losses (PCL) Tax Image 1: Illustrative example of a bank’s income statement Source: CIBC’s 2022 Annual Report 1. The biggest swing in operating expenses is likely to be variable compensation.

Banking 88
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Drones Help New Industries Take Flight

Tom Spencer

Even though unmanned aerial vehicles (drones) have been around for a decent amount of time, we don’t see many in the sky or many industries using them yet. References. This could be because of the perception that drones are expensive and only used for fun and outdoor activities. However, drones are no longer just toys. Agriculture.

Industry 104
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What / Who Is a Professional Independent Consultant?

Successful Independent Consulting

Some of us have respected industry certifications such as Project Management Professional (PMP) or Senior Professional in Human Resources (SPHR). Rather we operate solo- or micro- businesses. after your business name also promotes the image that you operate a company rather than just doing projects on a freelance basis.

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Main Risks of Aerospace Engineering Projects: How to Implement Wise Risk Management into Your Organization

Epicflow

Speaking about the risk-bearing events affecting aerospace engineering projects, we can divide them into three groups: project management, engineering risks, and those that are typical for the aerospace and defense industry. This mostly refers to the manufacturing process, which is also a part of aerospace engineering.