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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. When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . Project management risks.

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Cost Overrun in Aerospace and Defense: The Main Causes and How to Prevent Them

Epicflow Blog

Let’s dive into the causes for budget overrun in aerospace and defense projects, and consider the ways of preventing them. What causes budget overrun in aerospace and defense projects? . Improper risk management. For example, the aerospace and defense industry mostly relies on the Waterfall methodology.

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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.

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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. The rise of public-private partnerships: governments and companies will collaborate to reduce space risks for humans and manage space traffic effectively. .

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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. . The importance of defining success criteria for aerospace and defense projects.

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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 . According to the aerospace and defense industry research , it involves organizations that are defense contractors, commercial ones, or both.

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Asana vs. Microsoft Project: In-Depth Comparison

ProjectManager.com

They include: Lockheed Martin, the large aerospace and defense company Teachers Insurance and Annuity Association, an insurance company Woolworth, the retailer It’s clear that for larger companies that have long-term and complicated projects, Microsoft Project is the preferred project management tool.