Epicflow

JUNE 10, 2022

When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . So, the importance of risk management cannot be overestimated – it’s better to stay ahead of all possible threats to your project. . Main Risks Affecting Aerospace Engineering Projects.

Engineering 98

Engineering Management How To Risk Analysis 98

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

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 63

Resources Management Efficiency Operations 63

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

FEBRUARY 15, 2024

The solution lies in intelligent project and resource management. Read the article to gain insight into the specifics of manufacturing project management and learn useful recommendations on the effective orchestration of projects in the industry. Increased use of technologies and related risks Industry 4.0

Management 52

Management Strategy Strategy& Strategy 52

Epicflow

APRIL 29, 2022

Project management goes hand in hand with uncertainty and risks. The present-day disruptions caused by the pandemic bits and pieces, military conflicts, and geopolitical tensions can only increase the number of risks that projects will be exposed to. . Risk Register: Definition and Purpose . Risk description .

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. The main challenge firms face in contracting arises from the sheer number of contracts they must keep track of; these often lack uniformity and are difficult to organize, manage, and update. Improved Tools for Managing Contracts.

Software 31

Software Tools Data Efficiency 31