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(DEV-3444) Key Partnership Indicators in Project Cost Management

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Level: Basic
TCM Section(s): 11.2. People and Performance Management
Venue: 2020 AACE International Conference & Expo

Abstract: Cost engineers usually think of their work on projects in terms of data, analysis, reports, plans, and schedules. However, producing superior plans and schedules, collecting the most relevant data for the best analysis, and sharing valuable, useable reports requires effective communications within the working relationships of the project.

On each project, every cost engineer has many working relationships that affect the product produced. These are active partnerships. Also, less noticeable relationships exist between the cost engineer and the end-users who access their work for decision-making. The authors will present a map for tracking these relationships, highlight those that most often hinder or harm project delivery, and present the top five ways to improve these relationships.