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

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. As for the deals in the commercial aerospace sector, they are likely to remain dependent on the post-pandemic recovery pace. . Aerospace and Defense: Deals 2022 Outlook.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

article thumbnail

Driving Digital Transformation in Aerospace & Defense: Recent Technology Trends

Epicflow Blog

How can aerospace and defense organizations respond to present-day uncertainty and manage constant change? Let’s examine the applications of these technologies in more detail and learn how aerospace and defense companies can benefit from them. . additive manufacturing and digitization). Artificial Intelligence.

article thumbnail

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? . For example, the aerospace and defense industry mostly relies on the Waterfall methodology. Unrealistic cost estimates.

article thumbnail

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.

article thumbnail

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.