Level:
Basic
TCM Section(s):
2.2. Total Cost Management Process Map
2.4. Project Control Process Map
Venue: 2022 AACE International Conference & Expo
Abstract: In spite of increased use of sophisticated computer programs for estimating, planning/scheduling, project controls and 3D/4D modeling, industry benchmarking has consistently shown cost and schedule overruns on many projects. This practical presentation will discusses how best practices in cost engineering such as economic analysis, cost estimating, planning/scheduling, benchmarking, contracting/procurement, performance measurement, cost control/forecasting, progress reporting and finance/audit can help achieve pacesetter project performance on a consistent basis. Examples from both large and small actual projects will be presented to show how these practices and tools can be effectively used to provide predictable outcome and achieve business success.
TCM Section(s):
2.2. Total Cost Management Process Map
2.4. Project Control Process Map
Venue: 2022 AACE International Conference & Expo
Abstract: In spite of increased use of sophisticated computer programs for estimating, planning/scheduling, project controls and 3D/4D modeling, industry benchmarking has consistently shown cost and schedule overruns on many projects. This practical presentation will discusses how best practices in cost engineering such as economic analysis, cost estimating, planning/scheduling, benchmarking, contracting/procurement, performance measurement, cost control/forecasting, progress reporting and finance/audit can help achieve pacesetter project performance on a consistent basis. Examples from both large and small actual projects will be presented to show how these practices and tools can be effectively used to provide predictable outcome and achieve business success.