In the 40 years of my career in managing capital projects, I have seen cost management systems evolve from remote mainframes to having mainframe capacity on my desktop, my notebook, and my tablet.
However, this has not changed the success of delivering capital projects within their pre-determined budgets.
This one-day seminar will cover the following four keys to on-budget completion:
Getting the Right Scope and Budget
The Control Process
People in Cost Management
The Impact of Economic Cycles
Familiarity with capital projects would be an asset.
Attendees will learn:
The importance of a defined scope and detailed cost estimate
Alternative processes for analyzing risk and establishing contingency in both budgeting phase and cost management phase
Change control processes and why they are seldom used
Creating a simple cost management system
The availability of commercial software for project controls
The critical role that the economic cycle plays in on-budget completion
Engineers in transition from majority technical to greater involvement in managing significant capital projects
Bryan McConachy, P.Eng., PMP – Bramcon Project Consultants Ltd.
Bryan McConachy is a professional engineer / project management professional
with more than 30 years' experience in the management of a diverse range of projects and consulting in such areas as project oversight / owner’s representative, project delivery analysis and risk management. He has been the principal consultant with Bramcon Project Consultants Ltd. since 1981. Mr. McConachy is active in such organizations as the Association for Advancement of Cost Engineering and the Project Management Institute (PMI). He has obtained the Project Management Professional (P.M.P.) certification from PMI and in 1996, he was awarded the Honour of PMI Fellow. He has developed a number of one-day seminars as part of the APEGBC Continuing Professional Development program.