article thumbnail

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. In addition, typical project management challenges such as resource conflicts, uncertainty, changing requirements, etc. Challenges in Aerospace Engineering Projects.

article thumbnail

Risk Management Resources

Herding Cats

Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Risk Analysis & Estimating Uncertainty … and what this has to do with the price of milk in McLean,” Phil Beenhouwer, The Society of Cost Estimating & Analysis (SCEA), May 17, 2006.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Managing Risks and Controlling Projects: How Data-Driven Project Management Come in Useful for Multi-Project Environments

Epicflow Blog

For example, the aerospace and defense industry is associated with the following risks: Volatility in the geopolitical and economic environment, Competition in the domestic and international markets, Exposure to cyber risks, and others. Speaking of the industry-related ones, risks can be unique or common across industries.

article thumbnail

A Compendium of Risk Management Resources

Herding Cats

Let's start with a critical understanding of the purpose of managing risk on software development projects. Information about key project cost, (technical) performance and schedule attributes is often uncertain or unknown until late in the program. How to Deal with Project Risk Management Effectively In Your Organization?,”

article thumbnail

Software Estimating Resources

Herding Cats

Estimating Probable System Cost,” Stephen A. Bool, CrossLink: The Aerospace Corporation, Winter, 2000/2001, pp. Why Monte Carlo Simulations of Project Network can Mislead,” Terry Williams, Project Management Journal 35(3), pp. Evaluating Project Decisions,” INTAVER Institute. 61, September 2004. IEEE Press, 2012.

article thumbnail

Estimating is a Learned Skill

Herding Cats

Software Estimation Best Practices, Tools & Techniques: A Complete Guide for Software Project Estimators, Murali K. Software Project Cost and Schedule Estimating: Best Practices, William H. Estimating the Scope of Software Projects Using Statistics , Louis Newstrom, Louis Newstrom Publisher, December 4, 2015.