In partnership with EXCLUSIVE COURSE OFFERING - PAN PACIFIC HOTEL, PERTH. Course 1 Course 2

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1 In partnership with EXCLUSIVE COURSE OFFERING - PAN PACIFIC HOTEL, PERTH Course 1 Course 2 Project Controls & the Asset Life Span Project Controls & the Project Life Span 3 Day Course: November Day Course: November 2016 Programme Overview What You Can Expect As Project Controls practitioners, given we may be working for both Owners and Contractors during our careers, it is important that regardless of who you may be working for now, that you know and understand that there is a difference in time horizons for practitioners working for Owners vs. Contractors. While most of the tools and techniques are similar, Owner s Project Control practitioners tend to use more top down tools and techniques while Contractors tend to use more bottom up tools and techniques. The other major difference is in the level of detail and granularity of the reports being generated. Owner project managers tend to require more high level reporting than do Contractor project managers, but either owner or contractors should be able to generate reports at any level of detail. This comprehensive programme is broken over two, three-day sessions, each aimed at different target audiences. The first focussing on the Asset Life Span aimed at the Asset Manager and Owners Portfolio or Program Manager, the second aimed at the Project Life Cycle for Project Managers, PMO s, Project Controls Managers and Project Services where the focus is on delivery of individual Projects. Our trainer, Dr Paul Giammoalvo, will captivate you with real-life case studies, interactive team breakout sessions, and comprehensive knowledge and strategies on how best to manage and control your organisations Assets and Projects. Enterprise Organisational Strategies Stakeholder Expectations Identified Portfolios of Assets Portfolios of Projects Explore Several Concepts Narrow to a Few Options Select the Best Option Initiate & Plan the Proposed Project Create the Product of the Project Exploit the Product of the Project Dispose of the Product of the Project Phase 1 Phase 2 Phase 3 Phase 4 Phase 5 Phase 6 Phase 7 Project Control SME as a Consultant. Also: Cost Engineer/ Quantity Surveyor/ Systems Engineer/ Project Services/ Business Analyst/ Project Life Span (Owner Perspective) Project Controls (Owner Perspective) Project Life Span (EPCC Contractor) Project Controls (EPCC Contractor) Project Life Span (D.B>B Contractor) Project Controls (D.B>B Contractor) Project Control SME as a Consultant. Also: Cost Engineer/ Quantity Surveyor/ Systems Engineer/ Project Services/ Business Analyst/ Portfolios of Assets Portfolios of Projects Stakeholder Expectations Realised +/ Organisational Policies, Practices and Procedures 1 of 6

2 Course Outlines Course 1: Asset Life Span n Business Case and Investment s n Owners vs Contractors Risk n Owners vs Contractors Project Controls Course 2: Project Life Span n Scheduling the Plan n Setting the Budgets n Performance Monitoring Course 1 Programme: Project Controls and the Asset Life Span This training course has been designed for the discerning Asset Managers and Owners Portfolio or Program managers. The focus of this course is on understanding the Asset Life Span and to recognise that projects are only the delivery system for the Asset acquisition, creation, exploitation and eventual disposal. We will explore the Enterprise organisational strategies, Organisational policies, practises and procedures, Stakeholder expectations and whether they are realised. We will also examine the Asset life span and how to manage a Portfolio of Assets through a Portfolio of projects. Day 1: Business Case and Investment s Who is the Trainer? Dr. Paul D. Giammalvo CDT, CCE (No.1240), MScPM, MRICS, GPM-M Dr Giammalvo is the Senior Technical Advisor (Project Management) to ASEAN Project Management Centre of Excellence. He is also active in the Global Project Management Community by playing an active leadership role in the Association for the Advancement of Cost Engineering International (AACEI). He also is active in two IPMA member organisations: The Green Project Management Association (GPM) where he is on the Certification Board of Directors at the American Society for the Advancement of Project Management for which he was elected to serve on the Board of Directors as Director of Marketing. Paul also sat on the Board of Directors of the Global Alliance for Project Performance Standards (GAPPS), Sydney, Australia and is active as a regional leader in the International Guild of Project Controls. Dr. Giammalvo holds an undergraduate degree in Construction Management, his Master of Science in Project Management through the George Washington University and was awarded his PhD in Project and Program Management through the Institute Superieur DeGestionIndustrielle (ISGI) and EcoleSuperieureDe Commerce De Lille (ESC-Lille), Paris, France. Morning: Total Cost Management (TCM) Framework Introducing AACE s Total Cost Management Framework and the Guild of Project Controls Compendium and Reference. n Overall TCM Process and Terminology n Strategic and Asset Management Process n Project Control Process Afternoon: ASSET Planning n Requirements Elicitation and Analysis Identify problems facing stakeholders/customers Managing expectations of stakeholders Planning for asset management Day 2: Owners vs Contractors Risks Morning: PROJECT Planning (OWNER Perspective) n Risk Management Differentiate Risk and Uncertainty Identify risk factors and how to quantify What is risk management planning? Identify risk management practises Contingency explore appropriate authorisation factors for managing contingency n Value Analysis and Engineering Distinguish between lowest lifecycle costs, best quality and best value or project controls management Planning methodologies for cost management n Scope and Execution Strategy Development Identify scope components - Asset scope for investment vs Project scope for delivery Understanding WBS, OBS and Work s Deliverables management Execution strategy n Investment Making models Cost Based or Quantitative? Understanding NPV, Probability weighted PV, IRR, Cost/Benefit Ratio in investment decision making Explore Sensitivity analysis and Monte Carlo simulations What the process involves. Understand how value analysis/ engineering differs from other cost or scope reduction exercises Afternoon: PROJECT CONTRACTING n Procurement and Contract Management Explore different contract types and their applicability (Owner vs Contractor) Risk allocation Where to place the risk? Understanding Bidding and Contract Documentation life-cycle Change Management in Contracts Integrating Project Control with Contracts 2 of 6

3 Course 1 Programme continued Day 3: Owners vs Contractors Project Controls Morning: PROJECT Performance Measurement (OWNER S Perspective) n Cost Accounting Understanding how corporate accounting ERP integrates with cost engineering What is Cash and Accrual Accounting? Examine Control and Cost Accounts Understand cost accounting principles for Expenditure, Incurred Costs, Commitments, Cost Allocation, Activity Based Costing (ABC) How to Capitalise and Depreciate costs for Accounting department Asset vs Project Accounting n Project Performance ANALYSIS and INTERPRETATION Understanding the concept of Earned Value Measurement (EVM) Explore different practises for Progress Measurement Application of EVM for labour hours and materials/fabrication management Measure Performance by understanding how the work is being done n Historical Database Management Understand the uses and benefits of having historical data for Project and Asset management Examine Project Closeout Afternoon: ASSET Performance Measurement (OWNER S Perspective) Did the project deliver whatever business results it was undertaken to achieve? n Asset Performance Measurement Explore other metrics to measure performance for Operations including: functional performance of assets utility of assets activity factors of an asset including ABC/M methods tracking of resources through the use of ERP systems Asset Performance Assessment Explore other metrics to measure performance for Operations including: Balanced Score Card Key Performance Indicators (KPI s) Profitability (IRR) Cost of Quality Benchmarking Lessons Learned Asset Change Management Explore how to manage the scope of an asset in respect to its requirements in strategic asset management Each of these Executive Training Programmes contributes 24 hours to your CPD 3 of 6

4 Course 2 Programme: Project Controls and the Project Life Span This training course has been designed for the discerning Project Managers, PMO s, Project Controls Managers and Project Services who are keen to understand the nuts and bolts of managing individual projects at the lower level of detail. The focus of this course is on understanding the Project Life Span and how projects are controlled from the perspective of the Owner. We will then explore the same again but from a Contractors perspective. Day 1: Scheduling the Plan Morning: Planning n Schedule Planning Understanding the practical concepts of: Activities, Activity Logic and Logic Diagramming Activity Duration, Critical Paths and Float Use of Precedence Diagram Methods (PDMs) and how Day 2: Setting the Budgets Morning: Planning n Cost Estimating and Budgeting Cost Estimating Terminology Cost Estimate Classification and Variability Risk Management Differentiate Risk and Uncertainty Investigate the different cost algorithms and their relationship to estimating Explore benefits of Code of Accounts for Estimating and Project Controls to calculate: Early start/finish and late start/ finish dates Total and free float How to read a Bar chart/gantt chart n Schedule Development Explore Milestones, Resource loading, Resources levelling Scheduling Risk Contingency and Buffers n Processes and Practices Plan for Estimating and Budgeting Estimate methodologies Take off Quantities Costing vs Pricing Afternoon: Planning n Processes and Practices Estimate conditioning (escalation) Risk evaluation and Contingency Developing the Basis of Estimate Documentation Afternoon: Planning n Schedule Baselines n Schedule Change Management n Schedule Simulation n Other Scheduling concepts Critical chain Linear scheduling Estimate Reporting and Closeout n Using the Cost Estimate Recasting the cost estimate into budgeted control accounts Explore Costing and Life Cycle Costing Using cost estimates to produce Cash Flow The concept of creating a cost control baseline Explore the integration of cost and schedule baselines. Day 3: Performance Monitoring Morning: Performance Monitoring and Assessment n Project Performance Assessment Understanding the difference between Variance and Trends Explore methods for assessing and reporting performance (Variance and Trends) against baseline plans for: Cost Schedule Resources (Labour, Materials / Fabrication) Risk Management monitoring and assessment of risk factors n Practises for Integrated Earned Value Management (EVM) assessment n Productivity Improvement Understand Productivity assessment using EVM n Forecasting Understanding how forecasts are derived from: Change Management Performance assessment Work in progress Using Earned Value Management to Forecast Afternoon: Planning n Project Change Management Understanding the definitions of Scope (Owner vs Contracting) Terminology for Deviations, Trends, Owner funded changes Change Order process within Contracts Disputes and Claims Risk Management - Contingency, Allowances and Reserves n Historical Database Management Understand the uses and benefits of having historical data for Project and Asset management Examine Project Closeout. Take-aways At the completion of this course you will have over 1,000 pages of best in class references showing the latest best tested and proven practices as well as many best tested and proven MS Excel and MS Word templates you can adapt for your own use immediately upon returning to work. 4 of 6

5 COURSE 1 COURSE 2 GROUP BOOKINGS NOVEMBER NOVEMBER NOVEMBER NOVEMBER 21 NOVEMBER 22 NOVEMBER 23 EARLY AU $2,295 BIRD* EARLY AU $2,295 BIRD* FULL FEE AU $2,695 FULL FEE AU $2,695 *Register & pay by 28/10/2016 *Register & pay by 28/10/2016 For bookings of 4 or more participants from the same company For more information please contact Unit 5, 6 Douro Place West Perth Western Australia 6005 training@alliedprojects.com.au or call Allan on mobile +61 (0) HOW TO REGISTER Complete and return the registration form on page 6. An invoice will be sent within 7 days of receiving a completed registration form. ALL PAYMENTS MUST BE RECEIVED AT LEAST 7 DAYS BEFORE THE TRAINING COURSE. PAYMENT METHODS 1. Purchase Order made out to Allied Projects Pty Ltd 2. Electronic Funders Transfer To: Allied Projects Pty Ltd Bank: Westpac, Nedlands Branch BSB: Acc Nº: Credit Card To make a payment by credit card please contact us by phone on +61 (0) CANCELLATION AND SUBSTITUTION POLICY Once registration has been received your booking is confirmed. There will be no refunds for cancellation however the candidate is entitled to attend the next available training course within a one-year period. Written notice to cancel will only be accepted provided it is not 7 days before commencement of the training course. Candidates may substitute for other candidates provided it is not 7 days before commencement of the training course. 5 of 6

6 Registration Form Company Billing Details Booking Contact Company Department PO Nº Payment Method Purchase Order Electronic Funds Transfer Credit Card Participant 1 Participant 2 Participant 3 Participant 4 Please complete this form and return via to training@alliedprojects.com.au 6 of 6

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