Bridging a traditional gap between engineers and accountants is crucial to the survival of major aerospace projects, particularly in the defence sector, says an industry consultant.

Amin Mawji, who heads the aerospace and defence team at Ernst & Young, says a little common sense will help.

Visiting the show, he said the cost over-runs on major projects which have dominated the headlines in recent years, are testimony to the need for good systems of governance and risk management. "Although aerospace clients have been on our books for some time, the formation of a dedicated team to serve the needs of this sector has been a response to specialist demands of the industry.

Mawji says engineers and accountants "have always made uneasy bedfellows. But today's business environment, with all its complexity and focus on better corporate governance, demands a joined-up approach to risk management.

Source: Flight Daily News