Aerospace Budget Process Project Cost 
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. Applying inappropriate project management methodology. Improper risk management.
Herding Cats
AUGUST 12, 2016
All that line says is this was the baseline estimate at Completion for the project work. Then the chart shows that many projects cost more or take long (costing more) in the sample population of projects. . The answers should be YES to these Five Immutable Principles of Project Success. Just the estimate.
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Herding Cats
MAY 7, 2019
So start here to build your academic foundation, that can be put to work to build a foundation of validated experience of making estimates in the presence of uncertainty and protect yourself from fallacious claims that estimates are a waste, not needed, and produce bad resulting in the decision making process for those paying you to produce value.
Herding Cats
FEBRUARY 9, 2019
The result was a safety stand down for everyone on the site (5,000 Steel Works), including all us office workers, to get the message about health, safety, and safeguards of the materials and processes on site. . Analytical Hierarchical Process . Some Model-Based Systems Engineering process. Both of these actions cost money.
Herding Cats
JANUARY 23, 2019
The result was a safety stand down for everyone on the site (5,000 Steel Works), including all us office workers, to get the message about health, safety, and safeguards of the materials and processes on site. . Adaptability is of little use if you don't know the boundaries of the technology, processes, and uncertainties of the problem.
Epicflow Blog
MARCH 22, 2024
Any project management area isn’t immune to risks, whether it’s the planning and estimating stage, the process of project execution, or communication within a team, between groups, and with stakeholders. It’s also important to understand that there are project management risks and industry-related risks.
Herding Cats
MAY 10, 2019
Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. A Risk Management Methodology for Project Risk Dependencies,” Tak Wah Kwan and Hareton K.N., Michael, International Journal of Project Management , 19, pp. 3, March 2002.
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