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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. Project management risks. Risks specific for the aerospace and defense industry.

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The Ultimate Guide to Manufacturing Project Management: Best Practices and Strategies

Epicflow

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 The solution lies in intelligent project and resource management.

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AI-Powered Clean Tech: Transforming Business Operations

Tom Spencer

Artificial intelligence has emerged as a powerful tool in transforming various industries, including renewable energy. Consulting firms can assist companies to understand regulatory trends, comply with current regulations, deploy AI-systems in a way that is ethical and responsible , and align operations with industry standards.

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The Impact of Carbon Taxation on Supply Chains in China

Comatch

degrees Celsius, compared to pre-industrial levels.” The EU carbon tax will also have a drastic impact on many exporting industries from China. While the industry average price for steel shall see a 16.9% increase, the exporters themselves will take on an 8.1% decrease in profit margins compared to before the carbon tax.

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Managing Risks and Controlling Projects: How Data-Driven Project Management Come in Useful for Multi-Project Environments

Epicflow

Risk Analysis: Essential Components A risk is an event or circumstance with either a positive or negative effect on a project. Risk Analysis: Essential Components A risk is an event or circumstance with either a positive or negative effect on a project. So, what do you need for an efficient risk analysis?

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How AI Is Changing Contracts

Harvard Business

Additionally, AI contracting software can quickly assess risk in contracts (performing the risk analysis much faster than a team of lawyers) by identifying terms and clauses that are suboptimal. And it can reduce the risk of human error in contract drafting and review. New Processes Require New Skills.