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    www.aacei.o

    ENGINEERING

    July 20

    THE JOURNAL OF AACE INTERNATIONAL -

    THE AUTHORITY FOR TOTAL COST MANAGEMENTTM

    COSTCOSTCOSTLESSONS LEARNED

    SCHEDULE

    DEVELOPMENT

    USING PRIMAVERA P6

    TM

    PRESIDENTS

    MESSAGE

    ON THE

    SHOULDERS

    OF GIANTS

    PRACTICAPROBLEMS WIT

    PRICING DEL

    USING EICHLE

    AACE INTERNATIONALAUNCHES COMPREHENSIV

    MENTORINPROGRA

    LESSONS

    GEESE

    SPECIAL FOCUS

    LESSONSFROM

    Dr. McNeishs

    GEESE

    SPECIAL FOCUS

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  • 7/27/2019 AACE Cost Engineering Journal

    3/48COST ENGINEERING JULY ^__

    CONTENTS

    COST ENGINEERING

    TECHNICAL ARTICLES

    13 Le--)(- Lea,(ed B Sc"ed1&e De2e&)*'e(. U-#(! P,#'a2e,a PR

    TM

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  • 7/27/2019 AACE Cost Engineering Journal

    4/482 COST ENGINEERING JULY 5344

    5 P&e'de#(+' Me''ageO" The Sh#*de%& #f Gia"'&

    8 S%eca! F$c)'D%0 McNei&h1& Le&"& f%#! Gee&e

    11 S%eca! Fea()&eAACE I"'e%"a'i#"a La*"che&C#!$%ehe"&i+e Me"'#%i"g P%#g%a!

    36 The AACEI#(ea($#a! B)!!e(#Sec'i#" Ne,& f%#! A%#*"d 'he W#%d

    4 AACE I"'e%"a'i#"a B#a%d #f Di%ec'#%&

    4 C#&' E"gi"ee%i"g J#*%"a I"f#%!a'i#"

    34 AACE Ne,& Fa&h

    35 P%#fe&&i#"a Se%+ice& Di%ec'#%.

    35 I"de- '# Ad+e%'i&e%&

    42 AACE1& 67'h A""*a Mee'i"g

    CONTENTS

    DEPARTMENTS

    ALSO FEATURED

    COST ENGINEERING

    41 I# Me"$&a"Re!e!be%i"g D##%e& E+a" Nei/ F%ed G0

    O1D#""e/ a"d J#h" Da+i& Wa%%e"

    43 A&(c!e Re%('a#d Pe&"''$#'Sha%i"g #*% A%'ice& a"d E-$e%ie"ce

    44 Ca!e#da& $f E*e#('AACE I"'e%"a'i#"a E+e"'& a"d M#%e

    THE AACE INTERNATIONAL ONLINE BUTTON 2 Thi& edi(#"

    #f 'he Cost Engineeringj#*%"a ha& acce&& '# addi(#"a !a2

    'e%ia #" 'he AACE I"'e%"a(#"a ,eb&i'e/ www.aacei.org0

    A".(!e .#* &ee 'he &.!b# a' ce"'e%/ 'he%e i& addi(#"a

    c#"'e"' #"i"e a&cia'ed ,i'h 'ha' a%(ce #% fea'*%e0 Di%ec'

    .#*% b%#,&e% '# www.aacei.orga"d ##k f#% 'he #"i"e b*'2

    '#" '# acce&& addi(#"a %e*%ce&0 If .#* a%e a%ead. %eadi"g

    'he eec'%#"ic +e%&i#"/ j*&' cick 'he #"i"e b*)#" di%ec'.0

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    COSTENGINEERING

    4 COST ENGINEERING JULY `^__

    HEADQUARTERS_` S8-c1e23 T.:-e Ce-31e D1

    M.1&a-3.:-@ WV `^

    ^^COST fa; ^`g_`

    CONTENTSAACE INTERNATIONALBOARD OF DIRECTORS

    PRESIDENTM(c'ae+ R N.2b(2c'@ CCC PSP

    ``` /1e2(de-3aace(.1&

    PRESIDENT@ELECTMa1+e-e H

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    8/486 COST ENGINEERING JULY 5344

    if I had "aken "he #me "o ead i" back "hen 1along 'i"h "he o"he

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    !cio%! g%il" behind "he ea!on "ha" I am !o en"halled 'i"h

    eading abo%" hi!"oical leade! no'+

    The abili") "o lean fom gea" leade! of "he pa!" i! one of

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    den",! Fo%m. d%ing each Ann%al Mee#ng* an idea "ha" I ad0

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    "he College of Pefomance Managemen"2+

    I,m defini"el) no" a!hamed "o boo' a good idea fom an0

    o"he go%p "ha" ha! had a !%cce!! 'i"h i"* and I,m defini"el)

    no" a!hamed "o look "o "he pe&io%! leade! of AACE "o ge"

    "hei inp%" and "ho%gh"! a! "o "he c%en" !"a"e of "he a!!ocia0

    #on and 'hee 'e !ho%ld be headed in "he f%"%e+

    La!" )ea,! e&en" 'a! %nde!"andabl) lo' ke)* b%" i" 'a!

    a$ended b) !e&eal Pa!" Pe!iden"! of "he A!!ocia#on* and

    man) ha&e been eq%e!#ng !pecific! on "hi! )ea,! mee#ng in

    Anaheim* 'hich 'ill be m%ch moe fomal in na"%e "han "he

    5343 &e!ion+ Mo&ing fo'ad* I in"end fo i" "o be a cone0

    !"one of "he Ann%al Mee#ng* b%" "he ela#on!hip! "ha" I hope"o b%ild 'i"h "he pa!" leade! of AACE 'ill e("end "ho%gho%"

    m) "em and in"o m) follo'0on ole a! Pa!" Pe!iden"+

    EDITORS NOTE: To engage in o"he di!c%!!ion!* check o%" AACE

    In"ena"ional,! Online Fo%m! a" '''+aacei+og/fo%m!+

    Now:If sched ulesnee d ed an alysis,Pr imave r awou ld have includ ed it.

    Seemoreathttp://ScheduleAnalyzer.c om

    Wh atisth ediffe rence betwe enrevie wing yourP6 sch edulea ndre viewin gyou rP6 XERfile ?Every thing

    Inte rfacesDirectly withDatabas eHu ndredso fRepo rts&Analyse sAd vanced Longes tPathAnalysisBu ilt-inReport&Editin gFacilit yDril l-down fromDashbo ardtoP6

    Now: If schedules needed analysis,

    Primavera would have included it.

    See more at

    http://ScheduleAnalyzer.com

    What is the difference betweenreviewing your P6 schedule and

    reviewing your P6 XER file?

    Everything

    Interfaces Directly with Database

    Hundreds of Reports & Analyses

    Advanced Longest Path Analysis

    Built-in Report & Editing Facility

    Drill-down from Dashboard to P6

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    Fuse is an enterprise project analysis software which uses libraries of metrics to offer not only

    advanced schedule quality analysis, but additionally assesses cost forecast accuracy, risk morealism, earned value, project performance, logic integrity and project forensics.

    Fuse is more than just a schedule critique, it is a comprehensive project analysistool spanning

    numerous facets and phases that make up a complete project.

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    Download a trial version at: www.projectacumen.com/tria

    Acumen Fuseintegrates with Primavera, Microsoft Project, Deltek, Asta, and MicrosoftExcel

    V LID TEVALIDATEschedulequality and build more

    realistic plans

    IDENTIFYIDENTIFYlogic flawsin a single project or aportfolio

    OMP RECOMPAREmultipleschedule iterations andpinpoint variances

    TTR KRACKprojectperformance fromplanning throughexecution and close-out

    EV LU TEEVALUATEschedulecost, and earned valuetrending

    LIGNALIGNschedule withcost and risk information

    Enterprise Project nalysisEnterprise Project Analysis

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    Expertise. Technology. Results.

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    www.mbpce.com | 800-898-9088

    Project Closeout

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    FOR IN AMERICA FOR 2010

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    27/48COST ENGINEERING JULY >:04

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