September 2017 Cost Forum

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On behalf of the 2017 - 2018 AACEI National Capital Section Board, I would like to welcome everyone to the program year. We took a hiatus for the summer, but are back with some exciting news and a slate of programs for the year. 

National Capital wins Platinum! 
At this year's Annual Meeting in Orlando, the National Capital Section was awarded the Platinum Section Award for our performance during 2016 - 2017. This was our 6th consecutive Platinum Award, and we were just one of five sections in the entire organization to win this award, being the sole representative from the USA on the list. I want to recognize the 2016-2017 Board for their hard work, and thank you the membership for engaging in our section activities, attending our meetings, and providing feedback so we can continually get better.  Our board has been busy this summer preparing to win our 7th at the next Annual Meting in San Diego. 

New Look for AACEI
As you can see above and on the new AACE International website, web.aacei.org, AACEI has refreshed their logo for the first time since 1961. The National Capital Sections has also reflected this change on our website - www.aacei-ncs.org. We are looking for someone to help manage the website for the 2017-2018 year. You do not need website development or programming experience, if you can put together a PowerPoint, you are more than qualified. Please send an email to aacei.ncs.president@gmail.com if interested for this small monthly commitment. 

CCP Training
We will be hosting a Certified Cost Professional (CCP) Training course during the first two weekends in December in Bethesda, MD. A registration link will be sent in the upcoming weeks. Please send an email to Mike Marcell atmmarcell@k2consulting.com if interested.  

Volunteer Service & Training
The National Capital Section is teaming with Easterseals and the Veteran Staffing Network to develop and sponsor a Project Controls / Scheduling training for Veterans trying to get into the industry and learn some basic skills. We are forming a committee and are looking for volunteers to help craft and deliver the training as well as help share this opportunity. Please send an email to aacei.ncs.president@gmail.com for more information. 

Upcoming Programs
This year we are excited to cover a variety of topics that relate to our industry and to engage with other professional organizations. See the preliminary schedule below, with additional details and registration links futher down and on our website at https://aacei-ncs.org/meetings/ 

October 10 - A Case Study in Effectively Utilizing a Cost Loading Schedule on a MegaProject - Bethesda, MD
October 26 - Data Driven Management for Digital Capital Projects - Arlington, VA
November 28 - Practical Implementation of Risk Management Tools and Techniques - Fairfax, VA

Additional Programs will cover the following topics - Use of 4D/5D, Capital Financial Planning of Transportation Projects, Life Cycle Costs, Impact of the Silver Line, and a Site Tour of a local project.   

If there is a topic you would like to hear about, please let our Vice President, Chowdhary Gondy, know at aacei.ncs.vp@gmail.com

I said last year that my goal was to provide a "recognizable value" for our members, and I think we made some great steps towards achieving that goal with our interactive programs and enhanced communication, which resulted in another Platinum Award for the Section. The numbers also speak for themselves, as our prior average attendance at our meetings was 12, but in 2016-2107, we doubled that to 25 people per meeting, in addition to the average of 30 people who would tune in virtually via our webinar platform. My goal this year will still be to provide that "recognizable value" for our Section, to continue to increase our average attendance from last year, increase our total corporate sponsors and the engagement they have with the membership, and to smoothly transition to the next executive board.  

I am excited about the upcoming year, and I hope you are too! Please feel free to reach out to me or anyone on the board if you have any questions or suggestions on how we can provide a better experience for you.

 
W. Regis Fox
aacei.ncs.president@gmail.com
(301) 938-0622

Upcoming Events

A CASE STUDY IN EFFECTIVELY UTILIZING A COST LOADING SCHEDULE ON A MEGAPROJECT

Tuesday, October 10, 2017
6:00 PM - 8:00 PM 


Clark Construction Group
7500 Old Georgetown Road
16th Floor
Bethesda, MD 20814

On October 10,  Regis Fox, Director of Enterprise Scheduling for Clark Construction Group, will present a case study of a successful implementation of a cost loaded schedule on a $1.2 billion megaproject. He will share the lessons he and his team learned to develop a system where the schedule could be used and invoiced from on a bimonthly basis for this fast tracked design build project.  

Attendance will earn .25 Continuing Education Credits towards AACEI Recertification.

Panel:

W. Regis Fox, PSP, Director of Enterprise Scheduling, Clark Construction Group

Regis Fox is a Planning and Scheduling Professional who has spent his entire career in Scheduling and Project Controls for commercial construction projects, working for Subcontractors, Contractors, and Owners, providing services from preconstruction through litigation. His portfolio of experience includes secure government facilities, manufacturing facilities, aviation, academic, transportation, office and residential mixed used development projects, valued at over $5 Billion. As Director of Enterprise Scheduling for Clark Construction Group, he oversees the scheduling department across the country and works with project teams to implement best practices in Planning & Scheduling. Previously, he was Director of Project Controls for McKissack & McKissack, where he organized their project controls staff into a business unit providing standalone consulting services for existing and new clients. He is the Section President of the AACEI National Capital Section, he has a Civil Engineering Degree from the University of Maryland, and currently lives in Baltimore, MD with his wife Kelly.  

Food / Sodas / Beer / Wine are included in the ticket price.

Cost of Attendance: $20  

DATA-DRIVEN MANAGEMENT FOR DIGITAL CAPITAL PROJECTS

Thursday, October 26, 2017
6:00 PM - 8:00 PM 

Deloitte Consulting
2000 14th Street North
Arlington, VA, 22201

On October 26,  Jesse Lund , a manager for Deloitte Consulting's Transactions and Business Analytics LLP Valuation practice, will present on trends in data management in our industry. Construction projects and budgets are under scrutiny – requiring an increase in transparency, accountability, and accessibility to information. Combined with an influx of data from emerging technologies, the challenge for executives is to transform this information into insight, promoting data-driven decisions as they balance increased demands with limited resources.

The typical implementation of project management solutions within capital programs often leads to redundant tracking from multiple systems and decreased data quality from disconnected systems. The various data sources hinder managers from prioritizing, understanding, and reporting project performance. Analytical and data visualization solutions tailored to the construction industry can help summarize performance, provide deeper insights, and highlight previously unknown risks – critical in managing complex construction portfolios. Maintaining access to construction analytics based on readily available data sets provides owners with rapid and reliable snapshots of project performance along with predictive indicators. This allows business owners to more effectively monitor their projects and more easily identify risks.

 

Attendance will earn .25 Continuing Education Credits towards AACEI Recertification.

Panel:

Jesse Lund, Manager, Deloitte Consulting

As a Manager in Deloitte Transactions and Business Analytics LLP Valuation practice, Jesse draws on deep experience with private and public sector clients, both domestically and internationally, to focus teams on comprehensive analysis of capital infrastructure programs across the asset lifecycle. He specializes in feasibility assessments, capital planning, project management, cost and schedule analysis, independent financial evaluation, risk management, project controls and performance, and closeout evaluation. Serving as trusted advisor, he thrives on challenging teams to evaluate industry best practices and current operating environments against his clients’ unique goals, resources, and constraints to identify practical and actionable solutions that drive real change.

 

 

Food / Sodas / Beer / Wine are included in the ticket price.

Cost of Attendance: $20 Before 10/19/17; $30 After 10/19/17