Epicflow

MARCH 22, 2024

This article is inspired by the webinar featuring Epicflow co-founder Jan Willem Tromp and professor Mario Vanhoucke based on his latest book “The Illusion of Control: Project Data, Computer Algorithms and Human Intuition for Project Management and Control”. So, what do you need for an efficient risk analysis?

Data 52

Data Risk Analysis Management Analysis 52

Tom Spencer

JULY 28, 2023

By harnessing the potential of AI, companies can optimize the integration and management of clean technologies , leading to increased efficiency, cost savings, and environmental sustainability. AI algorithms rely on having access to large high-quality data sets for accurate analysis and decision-making.

Operations 78

Operations Energy Data System 78

Epicflow

JUNE 10, 2022

Finally, increased digitalization carries cybersecurity risks that can put sensitive data as well as a project’s safety at stake. . Risks specific for the aerospace and defense industry. The classifications of risks mentioned in the previous section will also be useful to determine possible threats. . Conclusion.

Engineering 98

Engineering Management How To Risk Analysis 98

Epicflow

MARCH 22, 2023

Also, if a company decides to cut expenses but does nothing to increase operational efficiency, it may lead to delivering low-quality output and decreased customer satisfaction. To achieve this, you should analyze your business processes, improve operational efficiency, and identify the causes of excessive expenses.

Resources 66

Resources Management Efficiency Operations 66

Epicflow

FEBRUARY 15, 2024

Risk management being an integral part of project management involves predicting all possible risk-bearing events and planning responses to them. More efficient utilization of resources. Data-driven decision-making In a highly risky and uncertain environment, it’s essential to make reasonable decisions.

Management 52

Management Strategy& Strategy Strategy 52

Epicflow

APRIL 29, 2022

How to Create a Risk Register? Before filling in a risk register, you should think of all possible risks. analyzing historical data, consulting stakeholders and team members, modeling and simulations. What tools can a project manager use for more efficient risk management? Lavanya, N. &

Resources 52

Resources Efficiency Management Examples 52

Harvard Business

FEBRUARY 12, 2018

Contracting is a common activity, but it is one that few companies do efficiently or effectively. AI software, however, can easily extract data and clarify the content of contracts. (It These firms have generally seen an increase in productivity and efficiency in their contracting.

Software 28

Software Tools Data Efficiency 28