Events Calendar

Highlights of the 2020 Virtual AACE Annual Conference & Expo
Tuesday 29 September 2020, 05:45pm - 07:15pm
Contact Register online using the link in the description by Friday, September 25th, 2020

 

AACE Conference

The AACE International Annual Conference and Expo was held virtually this year for the first time ever due to the Global Pandemic. Presentations were held on zoom from June 28th to July 3rd. This special presentation to kick off the AACE Montreal Section’s new season, provides abbreviated highlights from the Virtual Conference and Expo.

 PS -3554 Introducing a New Critical Path Concept: The Most Labour Manhours Critical by Mostafa Abdel Razi, EVP, PSP will be highlighted and discussed by Susan Klucinskas from Revay and Associates.

There are numerous definitions and descriptions of a schedule’s critical path, all of which have their basis in the element of time. In addition to identifying and monitoring the time-based critical path, further analysis can identify which logic path(s) contain a high degree of project resources. Some schedules can have a logic path that carries over 50% of the project’s cost. While this path may not necessarily have the duration to be “critical” in terms of time management, it can have a significant impact on a project’s financial performance.

PS-3440 Project Controls Reporting: having the Message Heard by Christopher P. Caddell,PE CCP DRMP Charlene Sue de Beer and Nataliya Rutylo will be highlighted by Les McMullan, FAACE from Hatch

Project controls reports during the lifecycle of a project are critical to helping the management team understand how the project is performing from a productivity, progress, schedule, and cost perspective. These reports provide not only information about performance to date but forecast the likely outcomes at the completion of work. However, all too often the critical messages in project controls reports are not heard or even worse ignored, negating the benefit they provide in helping the team manage the project to a more successful outcome. This paper will identify common pitfalls and how to create a report to resonate with management.

PS-3440 When is a Baseline Not a Baseline? Problems and solution of Using the P6 Baseline Function by Beatrice Nasui and Ronald M. Winter, PSP, FAACE, will behighlighted by one of the authors, Beatrice Nasui from Hatch

Many people interchangeably use the phrases “project schedule baseline” and “P6™ baseline schedules”. Fundamental differences exist between the project baseline and the baselines that P6 uses and these differences can cause significant confusion. The project schedule baseline is the point of reference and the basis for earned value measurements whereas P6 baselines are snapshots of schedules in time. The fact that any P6 project snapshot can be easily assigned as a “baseline” brings with it inherent risks. What if the snapshot attached as a project baseline is inadvertently changed? The variance analysis and earned value measurements would be flawed. What fields are affected? What does this do to the variance analysis?

TCMA-3459 The Unit Price Process for Estimate Data Development by Peter R. Bredehoeft, Jr. CEP FAACE and H. Lance Stephenson, CCP FAACE will be highlighted Les McMullan.

Effective project cost estimate preparation depends upon having reliable, competitive reference data. The data is used both for inputs to the estimate (i.e., the resources and their costs) and to develop metrics (usually ratios or factors that reflect cost estimating relationships or CERs) for quantitative validation (a quality assurance process) of the estimate outputs. Metrics are also used to benchmark and guide improvement of capital project system performance. Historical data collection, analysis and use in project and project system benchmarking have been shown to correlate with better project outcomes. This paper addresses database development including a process for data collection using a standard breakdown structure at an appropriate level of detail for use in benchmarking metrics development.

 

ONLINE REGISTRATION LINK: 

https://www.eventbrite.ca/e/highlights-of-the-2020-virtual-aace-annual-conference-expo-tickets-121381686893

 

Location Virtual Meeting on Teams or Zoom - Link will be sent the day before the event.
Virtual Refreshments from 5:30 pm Meeting from 5:45 to 7:15 pm

Cost: AACEI and PMI Members: $10 Students: $ 5 Non-Members: $ 15

AACEI Montreal Section