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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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2022 Aerospace and Defense Industry Trends

Epicflow Blog

Aerospace and defense industry is gradually recovering from the pandemic consequences, but still remains vulnerable as the world hasn’t fully overcome this crisis yet. Following the adoption of various initiatives aimed at reducing the negative effect of industries on climate change (e.g.

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Cost Overrun in Aerospace and Defense: The Main Causes and How to Prevent Them

Epicflow Blog

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? . Improper risk management. For example, a great number of initiatives (e.g., And the good news is that they can be taken under control.

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Successful Project Delivery in Aerospace and Defense: Success Criteria

Epicflow Blog

If you want your initiative to be successful, it’s a good idea to determine what success will look like for this particular project. . In aerospace and defense projects, there should be no room for ambiguity regarding the desired outcomes. The importance of defining success criteria for aerospace and defense projects.

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Intaking More Projects in Aerospace and Defense: How Resource Management Solution Can Help

Epicflow Blog

Today, in times of war and crisis, companies dealing with aerospace and defense projects have to timely react to arising challenges and suggest the best solutions possible to meet the consumers’ requirements and stay competitive in the market. This contributes to the growth of the number of initiatives that have to be delivered synchronously.

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The Evolution of Project Management

The IIL Blog

Private Sector Project Manager Selection The birth of modern-day project management is most frequently attributed to the engineering community, mainly aerospace and defense. Client/Stakeholder Collaboration In the early years of growth, the aerospace and defense contractors were marketing- and sales-driven companies.

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Simplifying the Job of an Aerospace Engineering Project Manager with a Resource Management Solution

Epicflow Blog

Project management in aerospace engineering deals with large-scale complex initiatives that require perfect coordination between all the parties involved. Read further to learn about its potential to simplify aerospace engineering project management. . Challenges in Aerospace Engineering Projects. Lack of resources.