Aerospace Project Cost Risk Management 
Epicflow Blog
OCTOBER 1, 2022
However, most of the causes for cost overrun can be explained by poor project and resource management. 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? .
Epicflow Blog
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?
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Epicflow Blog
NOVEMBER 13, 2024
Let’s take a quick look at the other benefits of adopting these solutions in manufacturing project management. Capacity planning software helps ensure resource availability for current and upcoming projects and reduces the risks of overload. Cost optimization. More accurate forecasting.
Epicflow Blog
MAY 31, 2022
Project management in aerospace engineering deals with large-scale complex initiatives that require perfect coordination between all the parties involved. In addition, typical project management challenges such as resource conflicts, uncertainty, changing requirements, etc. Increasing number of projects.
Herding Cats
AUGUST 12, 2016
Unrealistic Cost and Schedule estimates based on inadequate risk adjusted growth models. Inadequate accessment of risk and unmitigated exposure to these risks with proper handling plans. Before diving into the details of these, let me address another issue that has come up around project success and estimates.
Herding Cats
JANUARY 23, 2019
There's been a rash of conjectures about all kinds of bad business, project, and software development (agile and traditional) management ideas of late. And then some more resources for managing in the presence of complexity . Time to update the Don't Do Stupid Things on Purpose (DDSTOP) post. Complexity Primer (Sandia).
Herding Cats
FEBRUARY 9, 2019
There's been a rash of conjectures about all kinds of bad business, project, and software development (agile and traditional) management ideas of late. Define the risks - reducible and irreducible - to each Capability and their Features. What is the Value at Risk for your Project? Both of these actions cost money.
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