Remove Aerospace Remove Monitoring Remove Strategy Remove Technical Review
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. What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively? Main Risks Affecting Aerospace Engineering Projects. Risks specific for the aerospace and defense industry.

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. Human relations skills were not seen as a priority.

Insiders

Sign Up for our Newsletter

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

article thumbnail

European Defense Industry 2021: Challenges and Trends

Epicflow Blog

Let’s consider the challenges the aerospace and defence industries are facing today and what trends are leading in the year 2021. Some countries have suffered losses but primarily accounting for commercial aerospace. Thus, Turkey’s total aerospace and defence exports declined by 16.8% billion due to the pandemic. .

2021 98
article thumbnail

The Four Actions Framework – For Strategic Project Managers

The Strategic Project Manager

This post reviews the Four Actions Framework, first providing a simple definition and describing what makes it different and appealing. Then it looks at how the framework can be applied in devising strategy, and managing project, programs, and portfolios. What Is the Four Actions Framework? Chan Kim and Renée Mauborgne.

article thumbnail

Artificial Intelligence and Project Management: The First Step

The IIL Blog

In March 2023, Google launched Bard , and Baidu , the Chinese multinational technology company specializing in Internet-related services, introduced ERNIE Bot. With these chatbot applications, we can easily maintain that every technological field is destined to be invested or at least touched by AI. Risk Management. Action Taker.

article thumbnail

People Innovation: A New Vision to Innovate

International Institute for Learning

This leads to the fascinating economic concepts of “Creative Destruction Innovation” by Joseph Schumpeter in 1942 [2] and “Disruptive Technologies” by Joseph Bower and Clayton Christensen in 1995 [3]. Their intent is to evaluate the feasibility from a technical and business point of view, respectively. About the Author.

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. This blog page is dedicated to the resources used to assess risks, their impacts, and handling strategies for software-intensive systems using traditional and agile development methods.