Remove Aerospace Remove Innovation Remove Monitoring Remove Risk
article thumbnail

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.

article thumbnail

Project Portfolio Management in Aerospace and Defense Organizations: Main Difficulties and Ways to Overcome Them

Epicflow Blog

In the aerospace and defense industry, it’s intensified by the specificity and complexity of the domain. What are the most significant challenges of project portfolio management in aerospace and defense companies? Managing project portfolios is rather demanding in itself. Let’s figure these issues out in the article.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is Advanced Manufacturing? A Quick Guide

ProjectManager.com

As technologies have become more innovative, advanced manufacturing technology also improves. Advanced manufacturing is the practice of using innovative technologies and methods to improve a company’s ability to be competitive in the manufacturing sector. It does this by efficiently monitoring, regular maintenance and repair.

article thumbnail

What Is Advanced Manufacturing? A Quick Guide

ProjectManager.com

As technologies have become more innovative, advanced manufacturing technology also improves. Advanced manufacturing is the practice of using innovative technologies and methods to improve a company’s ability to be competitive in the manufacturing sector. It does this by efficiently monitoring, regular maintenance and repair.

article thumbnail

The Four Actions Framework – For Strategic Project Managers

The Strategic Project Manager

The framework encourages companies to rethink industry boundaries and focus on innovation rather than competition, ultimately leading to the creation of new market space. Raise – They raised the level of innovation and efficiency in the aerospace industry by focusing on rapid prototyping and iterative design processes.

article thumbnail

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. Public Sector Project Manager Selection In most government agencies, PMs were seen more so as project monitors rather than project managers.

Aerospace 147
article thumbnail

The Growth of Assistant Project Managers

The IIL Blog

Skills Needed: The Early Years In the 1950s and 1960s, the aerospace and defense industry contractors were the heaviest users of project management and established many of the forms, guidelines, templates, and checklists that were later updated to become the standards for project management. During the 1980s, another form of APM appeared.