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

Epicflow Blog

The aerospace engineering sector deals with mostly large and complex projects. Accordingly, they are more vulnerable to the consequences of risk-bearing events. When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . Project management risks.

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Artificial Intelligence and Project Management: The First Step

The IIL Blog

Risk Management. Effective risk management has to be proactive. AI enables predictions that are more accurate than traditional software solutions in determining risk responses, probabilities, and their impact. Schmelzer, “AI In Project Management”, Forbes online version, Jul 30, 2019. Active Assistance. Maltzman, J.

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Digitalization of Aerospace Engineering: Main Difficulties and Ways to Overcome Them

Epicflow Blog

In today’s changing and uncertain world, aerospace engineering companies are seeking the ways to design and develop new products faster and with less cost. In this article, we’ll explore the most significant digitalization challenges that aerospace engineering companies face and outline the ways to address them. Digital twin.

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Agile. Creativity. Innovation.

International Institute for Learning

The Agile Innovation allows teams to launch new products quickly and at a lower risk than with traditional innovation practices (Kerzner, 2019). . They don’t like strict schedules, small tasks and organized charts and don’t see how it helps them unleash their talent (Del Marmol, 2019). Aerospace Engineer, Project Manager.

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A History of PMI & Its Role in Project Management

ProjectManager.com

It goes back to the 1960s, when project management became a discipline in aerospace, construction and defense industries. Decisions like these can lead to dilemmas and even risks, which can leave a project manager puzzled over the right course of action. The PMI EMEA Congress 2019 takes place in mid-May in Dublin, Ireland.

PMI 278
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Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003.

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A Compendium of Risk Management Resources

Herding Cats

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. Risk Management is essential for development and production programs.