about

John K. Hollmann PE CCP CEP DRMP is the owner and

principal consultant of Validation Estimating, LLC

John has 35+ years of experience in the process, resource and infrastructure  industries for owner, government, EPC, and research firms. John has experience in all areas of cost engineering and project control with an emphasis on cost  estimating and risk analysis in support of owner investment decision making. John has particular expertise in work process assessment, developing and implementing practices and tools to fill process gaps, as well as training in those areas. With a  volatile economy and mega-sized projects, risk quantification has become an  increasing focus (his new book Project Risk Quantification (PRQ) was published in  2016). Most recently, John has been applying his expertise in the infrastructure  industries (2nd edition of PRQ will be expanded to that scope). Validation  Estimating’s home base is Northern Virginia.

Professional Background

Prior to forming Validation Estimating LLC in 2005, John managed the downstream Cost Engineering Committee (CEC) and cost and schedule  metrics programs of Independent Project Analysis, Inc. (IPA) for 7 years. He also initiated IPA's Upstream CEC and managed their Procurement  Committee as well. John led IPA's research of Project Control best practices which was reported in a 2002 article in Chemical Engineering  magazine; this is still the only industry research study to empirically demonstrate the economic value of Cost Engineering/Project Control.  Before IPA, John was a senior estimator with Eastman Kodak where he helped lead their development of cost estimating processes, systems, tools  and data (Kodak was a combined chemical and manufacturing company). Prior to that, he was a Senior Project Control Engineer with Fluor Daniel,  Inc. working in the industrial, refining, and pipeline sectors. John transitioned from principal mining engineering to cost engineering at Battelle  Project Management Division which was integrating high level nuclear waste projects for the US DOE. John began his career as a mining engineer  in underground coal mining and was the corporate mine planning engineer for Pennsylvania Mines Corp before leaving for Battelle. In all these  experiences, John has been recognized for his unique conceptual ability to design and implement practical, integrative corporate and department  level processes, systems and tools.

Cost Engineering, Total Cost Management and AACE International

Cost Engineering (see definition here) is a vital core competency for owner company capital asset and project system success. As such, John has  put significant volunteer time into AACE International (the preeminent association for the cost engineering profession) and its efforts to develop  industry standards and best practices. John was the lead author of AACE’s Total Cost Management (TCM) Framework published in 2006. TCM is the first integrated process model to tie together up-front capital asset managment and execution phase project control for portfolios, programs and  projects while linking them all back to business strategy. TCM is the key reference foundation for much of Validation Estimating’s consulting in  process improvement. In 2016, John’s book Project Risk Quantification was published by Probabilistic Publishing. John has served on the AACE Board of Directors, was a director of ICEC, and was Director of Recommended Practices for many years on AACE’s  Technical Board. He was also on the team that developed AACE’s Cost Estimating Professional (CEP) certification. John received AACE's Award of  Merit in 2008, its highest honor at the time. John is currently a Life Member and Fellow at AACE. Most recently, John led the development of  AACE's Decision and Risk Management Professional (DRMP) certification launched in 2013 (John holds certificate #001). John is a frequent  presenter and has published many papers and articles. In 2017, he was made a member of the Chemical Engineering Magazine Advisory Board.  He was a contributing author to Westney’s Engineer's Cost Handbook published by CRC Press and AACE’s Skills and Knowledge of Cost Engineering, 5th Edition. John is a registered professional mining engineer and a certified cost professional (CCP; formerly called Certified Cost Engineer) in  addition to a CEP and DRMP. He has a BS degree in Mining Engineering from the Pennsylvania State University and a MBA degree from the Indiana  University of Pennsylvania.
© Validation Estimating LLC

Clients Served

Oil & Gas/NOC/Refining Aramco BP Chevron Ecopetrol Husky Lukoil Overseas Northwest Redwater Petro-Canada Petronas Suncor Sunoco Synenco Syncrude Chem/Bio/Agri/Pharms Braskem Dow Corning DuPont Eastman FMC Medimmune Praxair Sasol Simbol Materials Mining/Metals Antofagasta plc Kinross Gold Resource Capital Funds Rio Tinto Alcan Teck Resources Vale Votorantim Power/Utility/Infrastructure DTE Energy Emera Enbridge Hydro Quebec Manitoba Hydro Nalcor Energy Nuon Ontario Power TransCanada US Dept of Energy Vattenfall EPC Contractors Bechtel Black & Veatch PT Thiess Sinopec Engineering Group
© Validation Estimating LLC

about

John K. Hollmann PE CCP CEP DRMP is

the owner and principal consultant of

Validation

Estimating, LLC

John has 35+ years of experience in the process, resource and infrastructure  industries for owner, government, EPC, and research firms. John has  experience in all areas of cost  engineering and project control with an  emphasis on cost estimating and risk  analysis in support of owner investment decision making. John has  particular expertise in work process assessment, developing and  implementing practices and tools to fill process gaps, as well as training  in those areas. With a volatile economy and mega-sized projects, risk  quantification has become an increasing focus (his new book Project Risk Quantification (PRQ) was published in 2016). Most recently, John has  been applying his expertise in the infrastructure industries (2nd edition  of PRQ will be expanded to that scope). Validation Estimating’s home  base is Northern Virginia.

Clients Served

Oil & Gas/NOC/Refining Aramco BP Chevron Ecopetrol Husky Lukoil Overseas Northwest Redwater Petro-Canada Petronas Suncor Sunoco Synenco Syncrude Chem/Bio/Agri/Pharms Braskem Dow Corning DuPont Eastman FMC Medimmune Praxair Sasol Simbol Materials Mining/Metals Antofagasta plc Kinross Gold Resource Capital Funds Rio Tinto Alcan Teck Resources Vale Votorantim Power/Utility/Infrastructure DTE Energy Emera Enbridge Hydro Quebec Manitoba Hydro Nalcor Energy Nuon Ontario Power TransCanada US Dept of Energy Vattenfall EPC Contractors Bechtel Black & Veatch PT Thiess Sinopec Engineering Group