27/7/2016 AACEInternationalMeetings/ConferencesAnnualMeeting2016AnnualMeetingTechnicalProgramAbstractsPROFESSIONALDEVELOPME

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(OTH2354)(CorporateCaseStudy)BIMVisualizingallaspectsofProjectControls
PrimaryAuthor:MrMichaelShombergSAP
CoAuthor(s):MrJakeMacholtzKiewit
Time/Location:MON11:1512:15/WillowCentre/West(MezzanineLevel)

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Harmonizingnumerousdesignauthoringtoolfilestocreatetrueasbuiltmodelandthenconnectingittonearrealtimeprojectcontrols
isrevolutionizingtheconstructionindustry.Goingwellbeyond4Dand5D,toprovideavisualaspecttoeverythingontheprojectfrom
mobilestatus,toprocurement,toequipmentmaintenance,totakeoffs&estimatingandbeyondishelpingKiewitexecuteprojectsmore
effectively while eliminating errors and costly rework. Connecting project controls in near realtime, eliminates surprises caused by
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(OTH2382)(Presentation)ProjectRiskQuantication:MethodsthatWork
PrimaryAuthor:MrJohnKHollmannPECCPCEPDRMPValidationEstimating,LLC
Time/Location:SUN1:302:30/Birchwood(MezzanineLevel)
Projectdecisionmakersdependonthereliabilityofourriskanalysestogivethemcondencethattheirdecisionshaveasolidcostand
schedule basis. To deliver this, we as cost engineers need to apply risk quantification (RQ) methods that work. To pass the does it
work?test,ourRQmethodsshouldbe:
basedonempiricalresearchandvalidatedagainstactualdata,
applicableonallprojectsinacompanysportfoliosimpleandcomplex,largeandsmall,conceptualordetailed,andgoodorbad
qualityestimatesandschedules,and
simpleenoughthatconsultantsarenotneeded(otherthantheoutsideviewforstrategicprojects.)
Unfortunately,fewmethodsmeetallthesecriteria.Thepresentationreviewsresearchoncostgrowth,scheduleslipandaccuracyandwill
present an integrated set of RQ methods that work for projects, programs and portfolios of every description for both owners and
contractors. Attendees will take away a working parametric systemic risk model. The presentation is based on Project Risk
Quantication: A Practitioners Guide to Realistic Cost and Schedule Risk Management, a new book by Mr. Hollmann from
ProbabilisticPublishing(www.decisionsbooks.com).A lucky attendee will get a free copy (and a discount will be offered to all annual
meetingattendeesforalimitedtime).

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