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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. 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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Reduce the Risk – Share the Success

International Institute for Learning

By Luigi Morsa , Aerospace Engineer and Project Manager, SII Engineering & IT Risk Management is the act or practice of dealing with risk. Risk Management is important because it is directly connected to the Project Success.

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Successful Project Delivery in Aerospace and Defense: Success Criteria

Epicflow Blog

Successful project delivery is the main goal of project management efforts, but what does project success really mean? In aerospace and defense projects, there should be no room for ambiguity regarding the desired outcomes. They are vulnerable to risks, including cyberthreats. .

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. In turn, they will affect the way its projects will be managed. Challenges In the Aerospace & Defense Projects . Managing uncertainty.

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. In addition, typical project management challenges such as resource conflicts, uncertainty, changing requirements, etc.

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

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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.

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

Epicflow Blog

Project Management. February 9 — Festival of Education and Research held by Association for Project Management combines the educational conference and celebratory awards ceremony, which will be interesting for the project management community. Human Resource Management.

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Matrix Management for Strategic Projects

International Institute for Learning

In the past 40-50 years, there has been a great deal of literature published discussing the pros and cons of matrix management as well as step-by-step instructions on how to make it work well. More risk-taking with possibly a greater impact on the business. Understand Matrix Management.

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PROJECT MANAGEMENT BENCHMARKING, an excellence enabling instrument

International Institute for Learning

All companies desire to remain competitive and continuously improve their project management performance by becoming more efficient and more effective in the execution of their project management processes. This can include: Project Management Institute (PMI ® ) publications.

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Team Management: The Key of to Success

International Institute for Learning

According to a common and general definition, Team Management can be seen as the ability of an individual (manager) or of an organization to lead a group of people to accomplishing a task or common goal. Good management of a team means to do the best by and for the employees.

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

Epicflow Blog

The diversity of tools that help to manage projects in various industries and businesses has significantly expanded in recent years: from tools that are used to manage tasks of a small team to overall solutions suitable for large organizations with employees located around the world.

2021 82

The Calm Before the Project Management Storm

Arras People

There comes a time when you’ve been working in and around project management for a while and you take a sit back and just reflect for a while. Here’s Steve in this guest post, reflecting on project management and giving us all a wake up call (no pun intended!). 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?

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Avoiding Mistakes: The Great Challenge

International Institute for Learning

One of the greatest sources of “headache” for a project leader, a project manager or, in an Agile environment, a Squad Leader, is to discover that some mistakes have been made. We can also say that the manager must study the process and identify the most suitable “checks and balances” concept.

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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.

A New Way to Recognize the Achievements of Project Managers

The IIL Blog

Senior Executive Director for Project Management, IIL. So, why shouldn’t we do the same thing for project managers? This could be significantly more important to a worker or project manager than a simple handshake. Some people view project management as a series of contests or challenges beginning with a well thought out plan that everyone agrees with. Years ago, many aerospace and defense industry projects were managed using war rooms.

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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. Change management. Innovation: Opportunities for Growth.

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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.

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Software Estimating Resources

Herding Cats

One of our clients, a retired USAF Col Program Manager at an NNSA Weapons Testing Site has a statement that is applicable here: If you lack academic basis and validated experience, your advice is simply unsubstantiated opinion without any basis in fact or principle. Flint, School of Management, Working Paper Series, September 2005.”. Bool, CrossLink: The Aerospace Corporation, Winter, 2000/2001, pp. Monte Carlo Schedule Risk Analysis,” Intaver Institute, Inc.

Estimating is a Learned Skill

Herding Cats

Estimating is a learned skill, used for any purpose from every-day life to management of projects. Efficient Indicators to Evaluate the Status of Software Development Effort Estimation inside the Organizations,” Elham Khatibi and Roliana Ibrahim, International Journal of Managing Information Technology (IJMIT) Vol. Using Performance Indices to Evaluate the Estimate at Completion ,” David Christensen, Journal of Cost Analysis and Management , Spring 17–24.