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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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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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Project Portfolio Management in Aerospace and Defense Organizations: Main Difficulties and Ways to Overcome Them

Epicflow Blog

Managing project portfolios is rather demanding in itself. 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? Let’s figure these issues out in the article.

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

Epicflow Blog

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? . Improper risk management.

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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. In turn, they will affect the way its projects will be managed. Challenges In the Aerospace & Defense Projects . Challenges In the Aerospace & Defense Projects .

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Successful Project Delivery in Aerospace and Defense: Success Criteria

Epicflow Blog

Successful project delivery is the main goal of project management efforts, but what does project success really mean? In aerospace and defense projects, there should be no room for ambiguity regarding the desired outcomes. The importance of defining success criteria for aerospace and defense projects.

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Intaking More Projects in Aerospace and Defense: How Resource Management Solution Can Help

Epicflow Blog

Today, in times of war and crisis, companies dealing with aerospace and defense projects have to timely react to arising challenges and suggest the best solutions possible to meet the consumers’ requirements and stay competitive in the market. Specifics of Aerospace and Defense Projects: Current Challenges.