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

Epicflow

Uncertainty There are various sources of uncertainty in manufacturing: inflation, ongoing supply chain challenges, geopolitical tensions, changing market demands, and even the latest technology adoption. Also, it’s essential to prepare for uncertainties — e.g., include time and capacity buffers in your estimates.

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

Epicflow

Competition at the domestic and international markets. Large aerospace companies (Boeing, Airbus, Lockheed Martin, and more) hold a significant market share, which poses additional challenges for smaller players in terms of their competitiveness on the market. . Step 3: Analyzing risks. Risk Management in Engineering.

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The Impact of Carbon Taxation on Supply Chains in China

Comatch

As the effects of climate change grow more and more visible, and the world has become determined to take rapid action, there are significant risks and opportunities for European companies with supply chains in China. While the industry average price for steel shall see a 16.9% increase, the exporters themselves will take on an 8.1%

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These Smart Social Media Tactics Will Help You Prevent A Crisis

Melissa Agnes

Everyone is using social media for marketing today. Marketing and PR basics: Even though your social media managers might not be entrenched in your marketing strategy, you should include them. These three social media tactics, anchored in a regular risk analysis can go a long way to helping you prevent a crisis.

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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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Make “Fairness by Design” Part of Machine Learning

Harvard Business

Machine learning is increasingly being used to predict individuals’ attitudes, behaviors, and preferences across an array of applications — from personalized marketing to precision medicine. ” A chatbot trained using Twitter was shut down after only a single day because of its obscene and inflammatory tweets.

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