Managing aerospace projects is just like solving puzzles. You have many moving pieces, including managing your customers' expectations, coordinating with your supply chain, and meeting the specification requirements. But when it comes to the NPD process, a project manager's job is even harder due to increased risk and the lack of available data to estimate accurately. Estimating and delivering a project within time and budget requires tons of data and experience to forecast all the possibilities where the project is likely to fail.In today's episode, we have our guest, Lori Nevin, who discusses the differences between the aerospace industry's new product development and product improvement projects. She also provides practical insights into how to mitigate risks and estimate the projects to win but at the same time not lose money taking those jobs. Finally, she discusses the quality, compliance, certification, and audit processes for the aerospace industry.For more information on growth strategies for SMBs using ERP and digital transformation, visit our community at wbs.rocks or elevatiq.com. To ensure that you never miss an episode of the WBS podcast, subscribe on your favorite podcasting platform.