training

VE provides owner company’s with bespoke training programs, seminars and workshops in the areas of Total Cost Management, Cost Engineering, Project Control, Cost Estimating, and Risk Analysis and Project Risk Quantification. John K. Hollmann PE CCP CEP DRMP is the instructor for all courses.

2-day Seminars on Project Risk Quantification (see text of same title here)

OPEN FOR REGISTRATION NOW! >ORLANDO, FL: June 10-11: via AACE (1.5 day): register here. AGENDA: DAY 1: INTRODUCTION & FUNDAMENTALS Introduction to Project Risk Management Process Definitions, Terminology, Taxonomy Introduction to Probability and Statistics Accuracy; Industry Research Findings Investment/Bidding Decision Making Process Phase-Gate Processes and Classification Decision Models and Risk Quantification Risk Quantification Introduction Principles of Risk Quantification & Methods Alignment and Integration of Methods DAY 2: METHODS & APPLICATION Methods-Basic Systemic Risks & Parametric Modeling (working Excel Model provided!) Specific Risks & Expected Value w/MCS Methods-Extended Escalation and Exchange Program and Portfolio Analysis Tipping Point Analysis Supporting Practices Communicating Results; Making a Difference Project Historical Databases Considering Risks Organizing for Effective Risk Quantification

Decision and Risk Management-General (textbook is “Project Risk Quantification”)

* Definitions, Terminology, Taxonomy, Standards * Integrated Processes to support TCM * Qualitative vs. Quantitative Analysis * Human Elements (bias, psychology, etc.) * Integrating Risk and Value Management * Risk Identification, Facilitation/Elicitation * Risk Analysis * Risk Treatment * Risk Control  * Cost and Schedule Contingency Methodologies * Other Risk Methodologies (Escalation, Currency, etc.) * Decision Analysis * Decision Analysis Methodologies and Models * Presenting and Communicating Results and Decisions

TCM/Cost Engineering Process

* TCM  Process Overview * Strategic  Asset Management and Project Control * Asset  and Project Life Cycles, Portfolios and Programs * Capital  Project Systems (Phase-Gate Systems) * Capex  Investment Options Identification and Development * Capex  Investment Risk Analysis and Decision Making * Profitability * Value  Improving Practices * Risk  Management * Knowledge  Management * Project  Planning * Organization  and Leadership for TCM * Establishing and Communicating Goals and Objectives

Cost Estimating (also a CEP Course)

* Definitions  and Terminology * Estimate  Types/Classifications and Technical Deliverables * Estimate  Preparation Workflow * Estimate  Components/Structuring the Estimate * Overview  of Estimating Methodologies * Capacity  Factored Estimating * Equipment  Factored Estimating * Parametric  Estimating * Detailed  Estimating * Costing/Pricing/Adjustments/Allowances * Accuracy/Statistics * Risk  Analysis/Contingency/Escalation * Presenting  the Estimate/Basis of Estimate * Estimate-Schedule  Integration * Estimate  Review & Validation * Project  Knowledge Bases * Organization  for Estimating * Dealing with Mega-Projects
© Validation Estimating LLC
© Validation Estimating LLC

training

VE provides owner company’s with bespoke training programs, seminars and workshops in the areas of Total Cost Management, Cost Engineering, Project Control, Cost Estimating, and Risk Analysis and Project Risk Quantification. John K. Hollmann PE CCP CEP DRMP is the instructor for all courses.

2-day Seminars on Project Risk 

Quantification (see text of same title 

here)

OPEN FOR REGISTRATION NOW! >ORLANDO, FL: June 10-11: via AACE (1.5 day): register here. AGENDA: DAY 1: INTRODUCTION & FUNDAMENTALS Introduction to Project Risk Management Process Definitions, Terminology, Taxonomy Introduction to Probability and Statistics Accuracy; Industry Research Findings Investment/Bidding Decision Making Process Phase-Gate Processes and Classification Decision Models and Risk Quantification Risk Quantification Introduction Principles of Risk Quantification & Methods Alignment and Integration of Methods DAY 2: METHODS & APPLICATION Methods-Basic Systemic Risks & Parametric Modeling (working Excel Model provided!) Specific Risks & Expected Value w/MCS Methods-Extended Escalation and Exchange Program and Portfolio Analysis Tipping Point Analysis Supporting Practices Communicating Results; Making a Difference Project Historical Databases Considering Risks Organizing for Effective Risk Quantification

Decision and Risk Management-  

General (textbook is “Project Risk 

Quantification”)

* Definitions, Terminology, Taxonomy, Standards * Integrated Processes to support TCM * Qualitative vs. Quantitative Analysis * Human Elements (bias, psychology, etc.) * Integrating Risk and Value Management * Risk Identification, Facilitation/Elicitation * Risk Analysis * Risk Treatment * Risk Control  * Cost and Schedule Contingency Methodologies * Other Risk Methodologies (Escalation, Currency, etc.) * Decision Analysis * Decision Analysis Methodologies and Models * Presenting and Communicating Results and  Decisions

TCM/Cost Engineering Process

* TCM  Process Overview * Strategic  Asset Management and Project Control * Asset  and Project Life Cycles, Portfolios and  Programs * Capital  Project Systems (Phase-Gate Systems) * Capex  Investment Options Identification and Development * Capex  Investment Risk Analysis and Decision Making * Profitability * Value  Improving Practices * Risk  Management * Knowledge  Management * Project  Planning * Organization  and Leadership for TCM * Establishing and Communicating Goals and Objectives

Cost Estimating (also a CEP Course)

* Definitions  and Terminology * Estimate  Types/Classifications and Technical Deliverables * Estimate  Preparation Workflow * Estimate  Components/Structuring the Estimate * Overview  of Estimating Methodologies * Capacity  Factored Estimating * Equipment  Factored Estimating * Parametric  Estimating * Detailed  Estimating * Costing/Pricing/Adjustments/Allowances * Accuracy/Statistics * Risk  Analysis/Contingency/Escalation * Presenting  the Estimate/Basis of Estimate * Estimate-Schedule  Integration * Estimate  Review & Validation * Project  Knowledge Bases * Organization  for Estimating * Dealing with Mega-Projects