the association for the advancement of cost engineering

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In his interesting presentation at our December meeting on How to Successfully Use Earned Value on Projects, speaker Joe Lucas explained how earned value should be an effective technique for managing project performance. Unfortunately, for many project teams use of EVM becomes a time-consuming and frustrating experience with minimal value. This presentation explained the essential project planning steps needed to successfully utilize earned value on projects. Mr. Lucas also briefly reviewed earned value terminology, calculations and key metrics to monitor when using earned value. The best techniques to determine progress for project work packages were also be explained, along with how to use earned value to forecast project costs. The use of Earned Schedule (ES) was reviewed, and how ES augments traditional EVM and integrated schedule analysis. This presentation showed how to put your projects on the right track for successful use of earned value.

We are most grateful to Joe Lucas for this detailed and very valuable introduction to using Earned Value.  Watch for the presentation slides to be available soon on our Resources page.

North Florida Section

North Florida Section

Association for the Advancement

of Cost Engineering® International (AACE)

February/March 2018

February Meeting to Present Ethics
in Project Controls and Project Management

 

The upcoming North Florida Section meeting in February 2018 will be a very special one.  The incoming AACE International president, Dr. Alexia Nalewaik, will be our guest technical speaker!  Please note that our meeting in February has been advanced by two days and will be held on Tuesday February 6th, not on our usual Thursday. 

 

Those of you who have conflicts on Thursdays should seize this opportunity to hear Dr. Nalewaik in her second appearance at our Section.  She was also the guest speaker at our May 2017 meeting.

 

Our Section has previously hosted presentations by various officers of our organization, including incoming, current and past presidents, the Executive Director, Regional Directors, and members of our associate boards.  As always, our monthly meeting will also be available via live Webinar. 

Of course, those who attend in person receive the added value of professional networking over an excellent meal preceding our presentations as well as participating in the stimulating post-presentation discussions.  These are win-win opportunities for everyone, and I am delighted with the participation and encouragement we have enjoyed thus far this year.

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John P. Orr, PSP

From the President...

Text Box: Don’t Miss These Valuable Upcoming Meetings!



 

 

 

 

 

-March 8th, 2018: Intuitive Math and Cost Estimating, with speaker Dr. Saleh A. Mubarak, PhD, Project Management Consultant.

-April 12th, 2018Using Your Cost Engineering Skills to Maximize Your Investments, Part 2, with speaker F. Sam Griggs, CCP, FAACE, Cost Engineering Consultant and Investment Trainer.

-May 10th, 2018I-4 Ultimate Scheduling Challenges and Project Update, with speakers Vince Gucwa, Rey Diaz and James Ward.


The May meeting ends our 2017-18 program year.  Watch our Meetings page for other upcoming programs starting in September.  Please send your ideas and suggestions on possible topics and speakers to administrator@nflaace.org

 

-John P. Orr, PSP

North Florida Section President

© Copyright 2007-2017 North Florida Section of AACE® International, Inc.  All rights reserved.

© 2011 AACE® International, Inc. and its official professional certifications are trademarks of the Association for the

Advancement of Cost Engineering, Inc.  All rights reserved.

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Please take note...

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Questions or comments? E-mail us at administrator@nflaace.org.

For more information about North Florida AACE, visit our Web site at www.nflaace.org.

Have a great idea for a speaker or program?  Send it to programs@nflaace.org.

Newsletters are published every other month during the regular program year September through May.

 

· Can’t Attend a Section Meeting in Person?  Try our Webinar Service Instead!  North Florida AACE has recently begun our new Webinar meeting presentations.  Designed for those members and others who may not be able to attend a meeting in person due to long distances or company travel, this Webinar version is operated live from the meeting, with a simultaneous online technical presentation being Webcast along with the in-person speaker.

Offered via GoToMeeting, online meeting attendees will hear the live presentation audio, and will also see the slides on their computer screen as they are clicked along with the speaker.  You can even ask questions and make comments via text chat, or by audio if you have your own computer microphone.  For those who have professional certifications, Webinar meetings count toward renewal as long as you attend the entire presentation.

To register, just RSVP to your meeting notices, specifying you wish to attend by Webinar.  An invitation with link and instructions will be sent in reply.

This is just one more option we offer to make it easier to attend our valuable technical presentations.  Any questions, please e-mail administrator@nflaace.org.

· Reminder to Board Members:  The next regularly scheduled board meeting will be held immediately following our March 8th, 2018 Section meeting.

· AACE ScholarshipsAACE Competitive Scholarship applications are open annually December 1st through February 28th.  AACE International offers competitive scholarships to US, Canadian, and International students pursuing a program related to cost engineering/cost management.  The scholarships are awarded by the AACE International Education Board and are currently available in amounts not exceeding $2,500,00.  AACE International Sections may also offer local scholarships, and the North Florida AACE Section does have its own scholarship available.  All scholarships are awarded for use in the fall term of the next academic year.  Students from our Section have now been awarded seventeen AACE scholarships since 2008, with many also receiving Section scholarships plus AACE Matching Funds.  For requirements and to apply, please visit the AACE Scholarship page.

Donate Now to AACE Scholarships!  Members may donate to both AACE International and North Florida AACE Scholarship Funds.  These donations are tax-deductible.  For details, contact administrator@nflaace.org.

· North Florida AACE is now on LinkedIn, the premiere networking site for professionals and businesses.  Soon, we’ll also add our own discussion group for questions and idea-sharing.  Don’t wait — Connect with us on LinkedIn!

· Latest CCTS News:

The CCTS 44th Annual Space Congress® was very successful, and featured Dr. Buzz Aldrin, former NASA Astronaut, as a keynote speaker.  Tentative dates have been set for the next Space Congress: February 27th, 28th and March 1st, 2018.  The Canaveral Council of Technical Societies (CCTS) is a group of 31 area technical associations to which our Section belongs.  For more information, visit the CCTS Web site at www.cctsonline.org.

· North Florida AACE is proud to have approximately 32% of its current members who are certified, and that number is steadily increasing.  Want to know who’s certified?  Just visit the Certification page. 

· Earn Your Professional Certification Advantage.  In this competitive economic climate, it pays to give yourself and your employer an edge by earning and maintaining a cost engineering professional certification.  To register or for questions, contact Penny Whoolery at the AACE Certification Department pwhoolery@aacei.org or see the Certification page at www.aacei.org.

· Don’t miss out on the valuable benefits and resources AACE offers for your professional career! Now is the time to renew your dues for the upcoming year.  Either complete the printed renewal you have received, or renew online.  To renew online, visit http://web.aacei.org/membership/membership-renewalIf you have changed your address, phone number or e-mail address in the past year, please update it once you have logged into your profile, so we can provide membership services to you without interruption.  If you have forgotten or misplaced your login information, please contact AACE's Headquarters for assistance: phone 1.304.296.8444; or e-mail info@aacei.org.

· Visit the newest job openings on our Employment page.  And, please help keep our Employment page active by sending us any suitable cost engineering job openings you may know of, or any employment wanted listings.  You may e-mail these brief listings to jobs@nflaace.org.  We’ll keep your notice posted at least three months, or until the position is filled or you’ve found employment.

· Become a North Florida AACE Web Site Sponsor:
If your company is interested in reaching cost engineers and their companies throughout Florida and beyond to offer relevant products and/or services, then we have a great opportunity for you!  A limited number of paid sponsorships are now available on the North Florida AACE Web site, on a first-come, first-served basis. 

Along with your sponsorship, an online advertisement is included.  We offer various ad sizes and rates.  For more information, contact Section Administrator Elizabeth Harrison at administrator@nflaace.org.

Graduates

Have a great idea for

a speaker or program?

Just let us know!

Improving the Update Process was Focus of January Presentation

In his very informative presentation on Improving the Update Process: Solutions for a Contentious Industry, speaker John P. Orr, PSP, AECOM discussed how change is inseparable from construction, yet the owner/contractor cooperation necessary to properly deal with it varies widely from project to project.  Specifications require detailed, regular schedule updates and numerous reports, but much of what the contractor generates to meet those specifications is either rejected by the owner, of questionable value, and/or ignored by both parties.

To make matters worse, each party often responds to change in a manner that seeks to protect their interests.  Contractors protect profit margin by refusing new risk or seeking high compensation for it.  Owners try to control program cost while keeping delivery commitments to the stakeholders.  While cost certainty benefits both parties, potential change orders and resolution of potentially costly delay impacts can often languish up to—or beyond—project completion.

This presentation addressed open, unresolved changes and delays by examining past projects’ typical practices of schedule updating, Time Impact Analysis, handling Resource-Driven Logic (RDL), and communication of the data generated by these processes.  By differentiating between progress and schedule adjustments, distinguishing RDL versus physical logic changes, and emphasizing “LP23” reviews which include Progress-Only update status, we hope to encourage the owner and the contractor to review and discuss the schedule update reports and find solutions which are in the project’s best interest, meet their divergent goals, and avoid disputes.

Our sincere appreciation to John for his excellent and informative presentation.  Watch for the presentation slides to be available soon on our Resources page.

 

Many professionals in cost engineering, project controls, project management, and quantity surveying are members of professional institutions. As members of those organizations, they are bound by an aspirational and mandatory Code of Ethics - or several codes, if they are members of more than one organization. This presentation explores key concepts and recurring themes in the ethics codes established by project-related professional institutions. The speaker then identifies typical ethics lapses in project controls, reflects on recent surveys of project professionals, raises questions about loyalty and good character, and discusses whether an ethics code is sufficient to achieve normative ethical behavior in today’s workplace.  For more presentation details, see our Meeting notice.

Dr. Alexia Nalewaik is the Owner of QS Requin Corporation. She is a project controls director and quantity surveyor with over 20 years of risk management, owner representation, and cost management experience. Her areas of focus include audit, cost management, risk assessment, and performance improvement for capital projects and organizations. She is Past-Chair of the International Cost Engineering Council, and incoming AACE International President-Elect.

Speaker

Dr. Alexia Nalewaik, FRICS, CCP, CCA, Principal, QS Requin Corporation. 

Speaker John P. Orr, PSP (right) receives Certification of Appreciation from North Florida AACE board member Fernando Villanueva, PMP at our January 11th, 2018 meeting.

Board member Eric G. Cannon, PSP (left) receives the 2017 North Florida AACE  “You’re a Star” Award from Section President John P. Orr, PSP.

Eric G. Cannon, PSP Receives North Florida AACE 2017 “You’re a Star” Award

At this time of year it's our tradition to present our Section's most prestigious honor, the North Florida AACE "You're a Star" Award.  This award goes to a member who has made significant and outstanding contributions that have made a positive difference to the programs and activities of the Section.  Previous winners include Joe Brown, Bill Sheerin, David Harrison, Susan Zimmerman, Dallas Lee, Del Younker, Sam Griggs, Marlene Hyde, Fernando Villanueva, and John Orr.

Our sincere appreciation goes to Marlene Hyde, Fernando Villanueva and Sam Griggs for serving on our Award Selection Committee this year.  This committee is always composed of the three most recent previous Star Award winners, and we thank them for their diligence and service.

Eric has been an AACE member for many years.  He has served as a North Florida Board Director for several terms of office, and has made many significant contributions both as an active Section member and as one of its dedicated leaders.  He’s also represented the North Florida Section at numerous AACE Annual Meetings across the country.

He has researched and co-presented valuable topics as a speaker or co-speaker at our Section meetings.  In 2015 he co-presented topics at our Section’s two-day PSP certification training workshop in Tampa.  He shows genuine interest in and dedication to what AACE International stands for and is always willing to provide assistance and service to our Section.

Our hearty congratulations to Eric, and our thanks again to the Award Committee for all their hard work.