Epicflow Blog
OCTOBER 1, 2022
Let’s dive into the causes for budget overrun in aerospace and defense projects, and consider the ways of preventing them. What causes budget overrun in aerospace and defense projects? . Unrealistic cost estimates. Both problems will extend a project’s timeline and cause corresponding budget overrun. .
Epicflow Blog
SEPTEMBER 5, 2022
Read further to estimate the level of your resource allocation and take measures to advance it. . Read more: Intaking More Projects in Aerospace and Defense: How Resource Management Solution Can Help. when task priorities are unclear or absent; in case of improper task estimations. . Sign 2: Disengaged and unmotivated people.
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Herding Cats
OCTOBER 11, 2016
I work in the Software Intensive System of Systems domains in Aerospace, Defense, Enterprise IT (both commercial and government) applying Agile, Earned Value Management, Productive Statistical Estimating (both parametric and Monte Carlo), Risk Management, and Root Cause Analysis with a variety of capabilities. Department of Energy.
Herding Cats
OCTOBER 16, 2018
The previous approaches to project performance management and production of the Estimate to Complete and Estimate at Completion make use of past performance. In our aerospace and defense business - not so much. This starts with a Model of what these attributes need to be for the project to be a success. .
Herding Cats
AUGUST 12, 2016
Unrealistic Cost and Schedule estimates based on inadequate risk adjusted growth models. Before diving into the details of these, let me address another issue that has come up around project success and estimates. All that line says is this was the baseline estimate at Completion for the project work. Just the estimate.
Herding Cats
MARCH 4, 2017
This is an immutable principle that impacts planning, execution, performance measures, decision making, risk, budgeting, and overall business and technical management of the project and the business funding the project no matter the domain, context, technology or any methods. All project work operates in the presence of uncertainty.
ProjectManager.com
JUNE 14, 2023
It has been used by defense and aerospace industries and has capabilities that include activity management, document management, collaboration, issue tracking, resource management and budgeting. There’s a quoting module, but it uses estimates, and you can only reconcile accounts on a monthly basis.
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