AACE Seattle Section March 9th, 2017 Meeting
Best Western Plus Executive Inn
200 Taylor Avenue N.
Seattle, WA
PRESENTATION: PRESENTATION: "MISUSE OF EARNED VALUE MANAGEMENT RESULTS IN ERRONEOUS CONCLUSION" Abstract
Earned Value Management (EVM), if used correctly, greatly enhances project control responsiveness and the credibility of other project control tools, and vis-a-versa. The question becomes, when does EVM best provide useful Key Performance Indicators (KPIs)? The reasonableness and timeliness of these EVM KPIs are critical to quickly identify and implement corrective actions. When EVM is misused, it provides erroneous information, degrades the usefulness of the other tools and provides misrepresentative KPIs. Thus, the corrective actions implemented by management will probably be misguided. The purpose of this paper is to facilitate a better understanding of how and when EVM can best provide accurate timely KPIs. What If scenarios will demonstrate how proper and improper use of EVM may lead to either meaningful or misleading conclusions, respectively. It will also discuss the impact, both positive and negative, on the many EVM KPIs. This paper has been submitted to AACE® International for approval and presentation at the June 2017 Annual Meeting.
PRESENTER: Charles F. Lappenbusch, Jr., MBA, CCP, EVP, PSP; Charles Lappenbusch Consulting LLC
Mr. Lappenbusch has over 30 years of project management and financial experience related to infrastructure projects, including as Director of Development for a new town of 17,000 residences to include all the public and private infrastructures. His emphasis is cost control processes, monitoring and integration with Critical Path Scheduling, Earned Value Method, Risk Analysis and writing reports focused to the desired particular levels of management. He aligns and allocates budgets to applicable WBS levels that support roll up and drill down analysis.
*** Please make every effort to sign-up for this meeting before 12:00 Noon on Monday, March 6th, so that proper number and choice of meals can be ordered. Your cooperation is greatly appreciated! Please also note that meal orders placed after noon on Monday of the week of the event cannot be guaranteed ***
LOCATION:
Best Western Plus Executive Inn
200 Taylor Avenue N
Seattle, WA 98109
(this location is wheelchair accessible)
TIME:
Please note that our meeting times have moved up by half hour as requested by several of our members.
5:00pm - Social Hour
6:00pm - Dinner
6:45pm - Program
COST:
The member price for this event is $32.00 if you register before 12:00 Noon on the Monday immediately preceding the meeting; late registration is $37.00.
Non-members price is $39.00 before 12:00 Noon on the Monday immediately preceding the meeting, and $45.00 thereafter.
Please note that registration will be closed Monday, March 6th, at 12:00 pm.
A very limited of first come first served meals will be available at the door.
MENU:
Pan Seared Chicken Breast, or Curry roasted Prawns with Mango Chutney, or Vegetarian (requires one week advance notice)
If you have specific dietary restrictions please contact us at aaceseattle@gmail.com so that we can accommodate you. The AACE Seattle Section will be rotating menu selections this program year; we are interested in obtaining your feedback!
PLEASE NOTE:
The AACE Seattle Section must pay for all meals that are ordered. If you RSVP that you will attend, you are responsible for the bill of your meal. In addition, if you attend without an RSVP there is a possibility that your meal options will be limited from those listed above. If you would like to be added to the Seattle Section's mailing list to receive future notices about our meetings and events, please contact one of the presiding Officers or Directors.
Visit the AACE Seattle Section on our new website at www.aaceseattle.org.
Anybody interested in budget control, claims management, cost engineering, cost estimating, earned value management, planning and scheduling, project control, project management, value engineering, or risk management in any industry is cordially invited.
AACE Seattle Section meets the 2nd Thursday of each month from September through May (excluding December). Each meeting with a technical presentation qualifies for .25 Continuing Education Units (CEUs) towards your CCP/CEP/CFCC/DRMP/EVP/PSP recertification requirements.
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| Thursday Mar 09, 2017 5:00 PM - Thursday Mar 09, 2017 8:30 PM | $32.00 - $45.00 |
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LocationBest Western Plus Executive Inn (View)
200 Taylor Avenue N
Seattle, WA 98109
United States
Categories
| Non-Smoking: Yes! |
| Wheelchair Accessible: Yes! |
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Contact
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