Exponent will be presenting at the 2018 AACE International Conference & Expo June 24-27, 2018 in San Diego, California. With 7,000 members in 100 countries, AACE International has been serving the total cost management community since 1956. They are committed to the constructive exchange of ideas between members, development of technical guidance and quality education and recognition of subject matter experts. Exponent will also be exhibiting at the event.
Susan Bomba and Lamis El Didi will be presenting their paper entitled 'Benchmarking and Predictive Analytics to Improve Estimates, Forecasts, and Performance Measurement.' By applying predictive analytics to an organization's historical data, project cost estimates and risk assessments can be more accurate, improving forecasts and execution on a multi-year investment plan. The challenge with using historical data is that it is often dispersed throughout various financial and project management software systems, requiring significant data analysis for the comparison to be viable. This paper describes the steps involved in developing a robust cost benchmarking tool that centralizes historical project data into a user-friendly platform and predicts the cost of a construction project with a high degree of confidence, using only a few input variables.
Robert Freas and Muhammad Khedr will be presenting their paper entitled 'Using the Half-Step Technique in Retrospectively Analyzing Schedule Delay,' The purpose of the paper is to present a proposed Recommended Practice for an analyst to use in the forensic sense to analyze contemporaneous updates, void of the half-step approach, to determine the cause of and quantification of the delay(s).
For more information, please see the event website.
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Exponent Inc. published this content on 24 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 June 2018 00:12:01 UTC
Exponent, Inc., together with its subsidiaries, is a science and engineering consulting firm. The Company serves clients in chemicals, construction, consumer products, energy, food, beverage and nutrition, government, life sciences, insurance, manufacturing, technology, industrial equipment, transportation, and other sectors. It provides engineering and scientific consulting services to clients around the world. Its service offerings are provided on a project- by-project basis. The Company has two segments: Engineering and Other Scientific, and Environmental and Health. The Engineering and Other Scientific segment is a service group providing technical consulting in different practices, primarily in engineering. The Environmental and Health segment provides services in the area of environmental, epidemiology and health risk analysis. This segment provides a range of consulting services relating to environmental hazards and risks and the impact on both human health and the environment.
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