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. What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively?

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. Increase in private investments in space companies, which will accelerate innovations coming to market. .

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Successful Project Delivery in Aerospace and Defense: Success Criteria

Epicflow Blog

In aerospace and defense projects, there should be no room for ambiguity regarding the desired outcomes. Read the article to learn more about these criteria, and which of them should be applied to assess the success of aerospace and defense projects. .

Aerospace and Defense Industry 2022: Project Management Challenges and Ways to Address Them

Epicflow Blog

In the previous article , we’ve reviewed the most prominent trends that are expected to impact the aerospace and defense industry this year. Challenges In the Aerospace & Defense Projects . The other important thing is proper risk management.

Agile. Creativity. Innovation.

International Institute for Learning

However, today the principles of agile have spread to other corporate functions such as innovation. The Agile Innovation allows teams to launch new products quickly and at a lower risk than with traditional innovation practices (Kerzner, 2019). . By Luigi Morsa.

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.

Digitalization of Aerospace Engineering: Main Difficulties and Ways to Overcome Them

Epicflow Blog

In today’s changing and uncertain world, aerospace engineering companies are seeking the ways to design and develop new products faster and with less cost. Digitalization in Aerospace Engineering: General Overview . Digital technologies used in aerospace engineering .

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. . Improper risk management .

2022 Online and In-Person Events for Project/Resource Managers and Industry Professionals

Epicflow Blog

April 6 — The Hottest Innovations in Talent Management aims to provide those engaged in talent management with recent innovations on the following topics: compensation and incentives, technologies and compliance, managing performance of an organization, department or employees, and more. .

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Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003. Risk Management is Project Management for Adults - Tim Lister. Risk Management Papers. “A Risk a Feelings,” George F.

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A Compendium of Risk Management Resources

Herding Cats

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. Risk Management is essential for development and production programs. Effective Risk Management 2nd Edition, Edmund Conrow, AIAA, 2003. Risk a Feelings,” George F. Hammonds, Risk Analysis 14.5

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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.

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.

Team Management: The Key of to Success

International Institute for Learning

The risk with larger teams is that they can be more vulnerable to poor communication, fragmentation, and free riding due to a lack of accountability [3]. is an Experienced Aerospace Engineer and Project Manager working in the Aircraft Industry. Innovation. By Luigi Morsa.

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Making Your Digital Transformation Journey Successful: An Overview of Its Essential Components

Epicflow Blog

It’s also important to redefine employees’ roles and responsibilities and align them with transformation goals as well as engage integrators and technology-innovation managers in the transformation process. Innovation: Opportunities for Growth. Innovation .

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Reflection and Takeaways on Agility from the SMC-IT 2018 Space Mission Design conference

The IIL Blog

as a keynote speaker, I opened the conference with “Scrum to the Stars” which looked back into aviation history and to the future of innovation in aerospace, and how Scrum methodologies have been, and will continue to be effective tools. Aerospace design processes were modified as improvements to flight technology were discovered, and the knowledge base expanded. In essence, Scrum was there at the start of aerospace exploration.

2018 76

Choosing a Project Management Tool: Epicflow vs. Project Online by Microsoft

Epicflow Blog

Meets multi-project and resource management needs of defense, telecommunication, energy, shipbuilding, aerospace, automotive industries, and manufacturing. . Risk Management. Employees see which tasks are at risk and need urgent attention, when looking at their prioritized task list.

2021 82

The Calm Before the Project Management Storm

Arras People

If you do risk management then some or all of the above will be factors which will affect our daily lives. Where is the drive, the creativity, the innovation, the flexibility, the usefulness? About Steve: Steve Wake has worked in the print, automotive, aerospace, defence, insurance and IT industries as a project manager and consultant.

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A New Way to Recognize the Achievements of Project Managers

The IIL Blog

Years ago, many aerospace and defense industry projects were managed using war rooms. The Innovation Ribbon: . Innovation is generally regarded as a new way of doing something. The ultimate goal of innovation is to create hopefully long-lasting additional value for the company, the users, and the deliverable itself. Innovation can be viewed as the conversion of an idea into cash or a cash equivalent. Exhibit 8: The innovation Ribbon.

2018 81

Software Estimating Resources

Herding Cats

Bool, CrossLink: The Aerospace Corporation, Winter, 2000/2001, pp. Monte Carlo Schedule Risk Analysis,” Intaver Institute, Inc. Effort Estimation for Mobile Applications Using Use Case Point (UCP),” Anureet Kaur and Kulwant Kaur, Smart Innovations in Communication and Computational Sciences. Monte Carlo Method in risk analysis for investment projects,” Victor Platon and Andreea Constantinescu, Proceedia Economics and Finance, 15 pp.

Estimating is a Learned Skill

Herding Cats

Estimates, Uncertainty, and Risk,” Barbara Kitchenham and Stephen Linkman, University of Keele, IEEE Software , May / June, 1997, “Software Project Scheduling under Uncertainties,” Intaver Institute Inc. “A Organizational Structure Impacts Flight Software Cost Risk,” Jairus M. International Journal of Engineering and Innovative Technology (IJEIT) Volume 1, Issue 4, April 2012. Estimating is a learned skill, used for any purpose from every-day life to management of projects.