Remove Management Remove Risk Analysis Remove Software Remove Training
article thumbnail

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. While changes can be facilitated through a change management process, this is not the optimal approach.

article thumbnail

How AI Is Changing Contracts

Harvard Business

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. AI software, however, can easily extract data and clarify the content of contracts. (It Improved Tools for Managing Contracts.