C4: Phase-based Management of Risk through Cost Engineering/Project Controls

Wednesday - Thursday, July 1-2, 2020 (1.5 DAYS)
1.2 CEUs

ChrisCarsonFinal Instructor: Christopher W. Carson, CEP PSP DRMP FAACE
 Chris Carson is Enterprise Director of Program & Project Controls and Associate VP for Arcadis U.S., the global engineering/consultancy firm, with over 45 years of experience in Construction Management/Cost Engineering/Project Controls. Chris has contributed to over 50 publications and presented more than 700 industry training sessions. He is certified in CM and Project Controls disciplines by AACE, RICS, CMAA, and PMI.

As a recognized industry thought leader in Program/Project Controls and Construction Management, he was the recipient of the 2011 AACE International “Technical Excellence” award, received the 2009 PMI College of Scheduling award for “Significant Contributions to the Scheduling Industry”, and received the “Chairman’s Award” from CMAA in 2006 for contributions to the CM industry.

He was selected as an AACE International Fellow, a Fellow of Project Controls by the International Guild of Project Controls, and a Fellow of the Royal Institution of Chartered Surveyors (RICS) for his achievements.

Success in program delivery depends on managing risks across the full project life-cycle, from the initial concept to handing off the completed asset to operations. Effective control of these Owner’s risks requires an integrated risk planning and management culture integrated in innovative technical cost engineering/project controls disciplines. This is not a simple onestep process, but rather a proactive and planned continual effort which includes special attention to areas of lessons learned, addressing each area with a process designed to manage those risks.

Using the phases of the construction project from pre-design to post-construction, the seminar will establish project risks associated with each phase, and the cost engineering/project controls efforts from the TCM Framework needed to protect the owner and project from those risks. The seminar is led by Mr. Carson, using his time-tested approach for Arcadis as strategic partners and loyal advocates for the Owners’ interests.

Content:  Intermediate

Key Learning Objectives 
-Understand how to strategically plan programs and projects
-Recognize the areas of risk that can be controlled for a successful outcome, supported by
Recommended Practices
-Learn how to implement innovative TCM Framework technical program/project controls to
reduce and mitigate risk
-Understand the full integrated cost engineering/controls approach to program and project

Knowledge Areas Addressed
Planning & Scheduling, Cost Estimating, Value Planning/Engineering, Risk Management, Claims Avoidance/Forensic Analysis/Dispute Resolution

Laptop with Oracle P6 and Microsoft Excel installed

Seminar Agenda

  • Full Day One – 7 Hours
    • Introduction
    • Background
    • Pre-Design – 2 Hours
      • Establish “Design-to-Budget”
      • Risks
        • Scope Definition
        • Contract Type
        • Contract Language
        • Project Delivery System
        • Value Planning
        • Conceptual Budget
        • Conceptual Schedule/Milestones
        • Systemic Risks
      • Lessons Learned
      • Solutions
    • Design – 3 Hours
      • Control “Design-to- Budget”
      • Risks
        • Master Schedule/Design Schedule
        • Engineering Stage-Gate Maturity
        • Scope Creep & Goldplating
        • Communications & Owner Needs
        • Schedule Sequencing and Cost Constructability Review
        • Value Engineering
        • Establishment of Cost Drivers
        • Estimate & Schedule Stage-Gate Services
        • Project-Specific Risks
      • Lessons Learned
      • Solutions
    • Procurement – 2 Hours
      • Contract for “Design-to- Budget”
      • Risks
        • Quality & Experience of CM Team
        • Full Scope Coverage
        • Cost Engineering Process Maturity
        • Managing Procurement Process
        • Contingency & Management Reserves Control
        • Final Estimate & Schedule Establishment
        • All Cost Engineering Benchmarks
        • Reconciliation of Bids
        • Final Allocation of Risks
        • Final Contract Language – Division 1
        • Incentives/Disincentives
      • Lessons Learned
      • Solutions
  • Half Day Two – 3 Hours
    • Construction – 2 Hours
      • Manage to “Design Budget”
      • Risks
        • Implementation of the Plan
        • Project-Specific Risk Management
        • Cost Management/Invoicing
        • Time Management
        • Change Management
        • Quality Control of Data/Analysis
        • Completion Predictions
        • Delay and Impact Predictions
        • Disruption Predictions
        • Performance Improvements
        • Claims Avoidance
      • Lessons Learned
      • Solutions
    • Post-Construction – 1 Hour
      • Finalize Open Issues affecting “Design Budget”
      • Risks
        • Final Invoice/Retention Reconciliation
        • Schedule As-Built Validation
        • Contingency/Management Reserve Reconciliation
        • Unresolved Issues
        • Unresolved Claims
        • Forensic Schedule Analysis
        • Forensic Cost Analysis
        • Final Negotiations
        • Lessons Learned Capture
      • Lessons Learned
      • Solutions
$1150 member / $1300 non-member

NOTE:  Fee includes hot breakfast, lunch (for the full day), and morning and afternoon refreshment breaks each day.  Late (after May 21) and onsite registrations assessed a $100 penalty.  Seminar is subject to cancellation and full refund if minimum enrollment is not met by the early registration deadline.    

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