Julie Owen has over twenty years of experience in project management, project control, cost engineering, scheduling, contract administration, and schedule delay claim analysis. She works as Project Controls Supervisor for Los Angeles Metropolitan Transportation Authority managing the $40 billion over 30-year initiative to improve Los Angeles County transportation infrastructure.

She is currently the lead instructor for the PSP certification continuing education course offered for the past three years at the Annual Meeting.

Aldo is a Civil Engineer with PMP, CCP, MRICS certifications.  He also has a masters in Geophysics and is a Lawyer.  He is principal of Aldo Mattos Consulting that performs planning, estimating, schedule/cost validation, claims, contract administration, risk management, etc.  His firm is devoted to deliver the best cost and time management services to Owners and contractors of engineering projects.  He serves clients on multiple continents,  teaches a variety of project controls courses and delivers many technical presentations at global conferences.  He serves as Director for the AACE International South/Central America Task Force.

He holds a Bachelor of Engineering, (Mechanical) from University of Mysore (1991).

Work experience:

• Director-Region 7 AACE Int.
• Vice President Regions – International
• Operations Manager in Johnson Controls UAE Branch
• served on the committee of AACE ITCM Conferences

Mr. Mulackal has been awarded AACE’s TCM Excellence Award (2010) and the Outstanding Regional Director Award (2011).

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This presentation will discuss the importance of Quality and Quality Management on Total Cost Management (TCM), TCM Framework and TCM process map.

This session also highlights that quality management is not a separate process, but a way that processes should work and will evaluate briefly the six quality management methods referred in TCM Framework and benefits/consequences of following/not following it.

Finally will include facts and data from construction industry and demonstrate the cost may be the best single measure of quality and Cost of quality analysis is the key method for assessing performance against functional requirements and constraints.

Mr. Stamatakis is the Sales Manager of Nomitech, a leading niche software company specializing in Cost Estimating solutions, present in over 50 countries and across all 5 continents.

CostOS is combining traditional estimating methods with BIM 3D, 2D, GIS, access to industry standard cost data and is specifically designed for companies that want to increase their competitiveness by responding to modern estimating challenges more quickly, with less effort, more accuracy, less risk, and with an increased level of confidence.

Mr. Stamatakis is a professional with a 15 year experience in the fields of enterprise portfolio and project management, risk management, business continuity management and project cost estimation and control, having held key positions at several leading multinational organizations and software houses.

Education

Queen's University
Master's of Business Administration, Business Administration and Management, General

Université du Québec à Montréal
Certificate, Management Information Systems, General

VANIER COLLEGE
Diploma of Collegiate Studies, Information Technology

Done projects:

• Northern Lights Project ($11.6B)
  Direct IT staff and implement project dedicated processes, controls and systems. These included; finance, governance/ project controls, document/information management, engineering/design, procurement and turnover to operations. Build operations specific processes, controls and systems. Train all Synenco staff for enterprise operations.
• Syncrude UE-1 ($8.4B)
  Direct IT staff and implement project dedicated processes, controls and systems. These included; finance, governance/ project controls, document/information management, engineering/design, procurement and turnover to operations.
• Mackenzie Gas Project ($16.1B)
  Oversee all business on Mackenzie Gas Pipeline Project; finance, contract management, procurement, information technology, information/document management, technical writers, administration and geomatics.
• Suncor Mellenium ($3.4B)
  Direct IT staff and implement project dedicated processes, controls and systems. These included; finance, governance/ project controls, document/information management, engineering/design, procurement and turnover to operations.
• Pacific Gas and Electric - Contra Costa
  Design combustion system for large power generation plant. Program plant process controls system. Etc.

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OnTrack is a developer of multi-discipline project software headquartered in Calgary, Alberta, Canada. Incorporated in 1984 as a private firm providing estimating, planning and cost control consulting services.

Thirty-two years later, based on our clients’ feedback and project experience, we have developed the next generation of project execution software for predictable project outcomes. The OnTrack Control Framework (“OCF”) provides unmatched controls and insight into project status for powerful decision making capabilities. Building upon the OCF, the system offers broad, integrated functionality in the areas of procurement and contracts, material management, planning, project financial, cost control, document control, collaboration and portfolio management.

OnTrackPM is an easy fit into simple or complex environments, completely configurable and scalable. This flexibility provides customers with Cloud-based or client-premise solutions tailored to suit their needs. Our aligned project software solution gives users a competitive advantage, increasing efficiency and productivity, as it runs in real time.

Degree:
Civil Engineering

Experience:
VP Global Sales, Cost Engineering Consultancy B.V.

More than 17 years of industrial experience in consulting various industries such as infrastructure, construction, new energy, oil & gas, petrochemical, power, mining & minerals, chemicals and pharmaceutical.

Professional field:
Member of the board of Cost Engineering Consultancy
Member of NAP/DACE, AACE Int., ICEC and AcostE
Teacher of Cost Engineering courses

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To make better decisions earlier in the project development stage, it is needed to have already a good insight in the technical as well as the economic viability of a project during the conceptual and FEED phases.

Recent software developments – such as UniSim Design and Cleopatra Enterprise mentioned in the presentation - allow for a tight integration between process design and cost engineering software, making it possible to compare design alternatives and choose the most profitable solution capable of not only the traditional factor estimating methodology, but also of object oriented estimating.

Work experience: has 40 year career in Cost Engineering. Held such positions as:

• AACE Int. Regional Director
• AACE Int. VP Administration.
• AACE Int. VP Education
• Cost Engineering and Project Services Manager (CEPS) for a major IOC (Independent Oil Companies)

Participated in many JIPs (Joint Industry Projects).

Education:

• UCEM (University College of Estate Management)
• Diploma in Business Excellence, Newcastle College, UK
• Certified Value Manager from Herriot-Watt University, Edinburgh

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Mega projects, particularly those in the oil industry, face enormous challenges to achieving predictable cost and schedule outcomes. Martin Darley FRICS CCP, Past-President of AACE International, and a Cost Engineering and Services Manager for one of the major IOC’s will provide insight into how Cost Engineering can help improve project predictability. With reference to research by leading construction institutions, and industry benchmarks, he will describe the role of the cost engineer in this environment, and highlight the recommended practices to adopt. The presentation will view projects as it relates to the various stakeholder, from the enterprise viewpoint and the cost engineering professional perspective. The presentation will offer insights into how factors such as productivity, stress on the supply chain, and geopolitics paly into the success or not of mega projects. Presentation will conclude with insight into how AACE is helping cost engineers, and organizations to be more proficient in the Total Cost Management of their projects, programs, and portfolios.

Degree:
Civil Engineering

Experience:
VP Global Sales, Cost Engineering Consultancy B.V.

More than 17 years of industrial experience in consulting various industries such as infrastructure, construction, new energy, oil & gas, petrochemical, power, mining & minerals, chemicals and pharmaceutical.

Professional field:
Member of the board of Cost Engineering Consultancy
Member of NAP/DACE, AACE Int., ICEC and AcostE
Teacher of Cost Engineering courses

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The interconnection between cost engineering and added value within any organization means looking at the risks and challenges the current economic tides brings to us and how to achieve cost reductions.

New methods and technologies have made it possible for further integration within Engineering, Procurement, Scheduling and Project Controls. Therefore we can see trends in the market to make more use of solutions that will cover the complete project life cycle and are fully integrated within the business processes. This development will cut down cost and time and will increase the accuracy and confidence level. With the use of calibrated and fit for purpose industry data as the basis for cost estimating we will be able to compare projects in different phases and calibrate the cost databases with actuals.

Julie Owen has over twenty years of experience in project management, project control, cost engineering, scheduling, contract administration, and schedule delay claim analysis. She works as Project Controls Supervisor for Los Angeles Metropolitan Transportation Authority managing the $40 billion over 30-year initiative to improve Los Angeles County transportation infrastructure.
She is currently the lead instructor for the PSP certification continuing education course offered for the past three years at the Annual Meeting.

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This paper discusses the benefits of implementing the Program Management Office including the following: Supporting controls across the project lifecycle including estimating, configuration management, and project controls Providing program and project risk transparency Promoting best practice management for expediting project delivery Facilitating external industry and peer reviews to accelerate project delivery Delivering enterprise-wide project management tools to provide timely reporting Instituting performance management processes and metrics to achieve targets Offering training programs to improve Metro project management capabilities Communicating the value proposition to executive management.