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5 Notorious Failed Projects & What We Can Learn from Them

ProjectManager.com

Developed by Sony, Betamax was introduced in the mid-1970s but was unable to get traction in the market, where JVC’s VHS technology was king. Surprisingly, Sony continued to produce Betamax all the way into 2016. Long before it discontinued the technology, Betamax was already irrelevant. The Lesson. The Lesson.

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Records Management: A Quick Guide

ProjectManager.com

Records are documents that outline the details that are relevant to the project and require monitoring to manage the project. This includes a system that can monitor and report on the records. ProjectManager is work and project management software that has one-click reports that capture project data in real time.

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Top 5 Manufacturing Trends for 2024: What’s New?

Epicflow Blog

In a few words, the industry is going to evolve in three major areas: implementing recent technological advancements (Industry 4.0), finding ways to address post-pandemic challenges, and meeting sustainability requirements. Let’s take a closer look at these and other manufacturing trends that are going to impact the industry in 2024.

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

Epicflow Blog

First, there can be a lack of enough digital workforce to staff projects, which is a typical challenge for initiatives that require implementation of digital technologies. . Second, people may require more time to get used to working with innovation technologies and equipment, which may lead to project delays. . Talent management. .

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Managing Virtual Teams: Strategies for Project Managers

Project Pulse Journal

Imagine being equipped with tools and techniques to overcome the hurdles of virtual team management, from establishing clear communication strategies to track productivity to optimizing meeting efficiency and leveraging project management software features.

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Business Process Improvement: What it is and How to Implement it

nTask

According to surveys conducted, as of 2016, 66% of enterprises run a business process improvement program occasionally or never. These include for example human resource management , accounting, and technical support to name a few. Looking for the best business process management software? Lean Manufacturing and Lean Thinking.

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How To Mitigate Risks With an Effective ERM Framework

Wrike

Additionally, we will discuss how technology is reshaping the landscape of risk management and examine future trends in ERM. For instance, operational risks could arise due to disgruntled employees who quit because of low pay, or when trade embargoes and plant shutdowns prevent work from getting done. How has technology influenced ERM?

Risk 36