It’s no exaggeration to say that manufacturing schedules are the foundation upon which successful projects are built. Correctly allocating resources, managing costs, and understanding the variables that may cause delays is vital if production is to be completed on time and within budget.
The world of capital project management is filled with complexity. From an overabundance of abbreviations to a fistful of formulaic equations, it’s easy to find yourself lost in translation. But by taking a complex topic and analyzing its constituent parts, understanding can be improved. Here we examine Earned Value Management (EVM).
Aerospace is an industry long-famed for its proclivity for innovation. From popularized achievements like the SpaceX reusable rocket to invaluable modernizations such as solar-powered aircraft, the hype over the industry's increasing rate of change has grown almost clichéd. However, seldom discussed are the challenges to project management born out of this disruption to the status quo. Here we provide a handful of the most important.
Risk management software is pivotal to successful project management. However, despite its importance, it can be years before organizations consider upgrading.
But times change, new challenges arise, and risk management professionals must be enabled – through the use of the latest tools – to plan for these new challenges.
Our new e-book, written by David Hulett, a thought leader in the world of risk management, puts forward the notion that cost and duration risk can be better prepared for by upgrading your organization's risk maturity level.
Managing a large aerospace project is no mean feat. With so many aspects to juggle and keep control of, investing in a specialist software solution will undeniably make your life easier and help ensure that your project is delivered on time and on budget – no matter what comes your way.
Our next webinar on the 23rd of October examines how Navantia, one of Europe's leading defence manufacturers and contractors, gained a greater level of project control with their SAP solution. Hosted by the UK SAP User Group, this is not one to be missed.
Keeping every member of a project team up-to-date can be arduous. Historically, the production of weekly, or bi-weekly, reports depleted the planning department's valuable time and resources, and reducing this expenditure wasn't possible without significant compromises to project members.
A problem often faced by large-scale projects is how to integrate both owner and contractor schedules into a single, cohesive plan—without granting contractors access to the owner’s IT network.