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UID:1025-1657791000-1657796400@westerncouncil.org
SUMMARY:Capital Budget Development
DESCRIPTION:Managing capital program costs can be complex.  Many overly complicated systems are not sustainable.  Successful cost control uses simple\, but integrated\, processes with a disciplined and uniform approach.  This second webinar in the cost management series is valuable for anyone responsible for planning and budgeting capital projects. It illustrates how a little upfront cost analysis can unlock a treasure trove of historical cost data that will benefit your organization for years to come.  Using a step-by-step guide\, you will see how easily you can create your own custom cost database.  We will also cover how\, and when\, to use this information to make your budgeting process more accurate and efficient. \nCapital Budget Development Outline: \n\nHow do you do it?\nMethods\nSoft Costs\nHistorical Costs\nDatabase Development\nSystemization\nTransparency\nBudget Evolution & Updates\nMethods\nVolatility & Risk\nPros & Cons\n\nParticipants will learn: \n\nSeveral methods for developing capital project and program budgets\nPros and cons of each method\nHow to calculate soft costs\nContingency factors for project and program\nHistorical cost development\nDatabase development means and methods\nSystemization and management of costs through the planning phase\nManaging scope creep\nMonitoring budget evolution and updates\nHow to address volatility and risk by project phase\n\nThis is webinar two in this four-part series ideal for: \n\nFacilities Directors seeking better cost management solutions\nCapital Finance Executives wanting process exposure\nOrganizations starting a new phase of capital development\nOrganizations revamping/upgrading cost management systems\nFinancial\, Accounting\, Clerical Staff professional development\nEstimators developing budgeting and cost management skills\nProject Engineers to develop more skills\nProject Managers building cost management knowledge\nContractors offering Construction Management services\nProject Controls Mangers setting up cost management systems\nOwners needing a better capital budgeting process\nOwners looking to streamline their change order process\n\nInstructor: Rodney M Percival\, PE\, Program Cost Manager with Caproso – Capital Program Solutions\, has 30+ years of cost experience as a Contractor and Program Manager on small and large private and public projects with Cost Plus\, Lump Sum\, GMP\, Design-Build or CMAR delivery.  For the past decade\, he has provided services to LAX as Chief Cost Engineer\, developing budgets\, cost systems\, historical costs\, and in-house applications. More recently\, he has founded a cost consultancy which develops applications for Owners and Estimators to budget projects and streamline analysis of non-competitively bid change events. \nSee Flyer for complete details and registration information. \nRSVP and you will be sent a link to pay for your registration. \n 
URL:https://westerncouncil.org/event/tba-budget-development/
CATEGORIES:Webinar
ATTACH;FMTTYPE=image/png:https://westerncouncil.org/wp-content/uploads/2022/02/COST-MANAGEMENT-series-.png
ORGANIZER;CN="Valerie Largin":MAILTO:vann@wccc.org
END:VEVENT
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DTSTART;TZID=America/Los_Angeles:20220728T080000
DTEND;TZID=America/Los_Angeles:20220728T100000
DTSTAMP:20260426T023511
CREATED:20211219T044415Z
LAST-MODIFIED:20220418T235705Z
UID:484-1658995200-1659002400@westerncouncil.org
SUMMARY:Cost & Time Impact of Rework on Construction Projects
DESCRIPTION:Rework is frequent and well known in the construction industry\, while draining construction productivity\, profitability\, and the timeliness of project delivery for both Contractors and Owners.  Additionally\, the need for rework can have spinoff or downstream impacts for all project stakeholders.   The causes of rework are\, likewise\, well known: design and construction changes; errors and omissions; project enhancements; operability changes; fabrication changes and errors\, etc.  While rework is common\, the impact has not been thoroughly assessed\, studied\, or discussed. \nHere we will assess and identify the typical cost of rework on a wide range of project types.  We will show how the cost of rework is frequently understated\, then provide an estimate of the true “average cost” of rework. We will also identify the average impact of rework on project duration\, in terms of time\, as well as unrecoverable extended overheads and cost of liquidated damages. Finally\, we will identify several practical methods for Owners and Contractors to substantially reduce both the cost and time impact of rework. \nParticipants will: \n\nLearn the typical causes of rework.\nGain an understanding of the cost and time impacts of rework on construction projects.\nBe provided with a model for predicting rework on new or future projects.\nGain information on a number of practical ways to reduce the amount of rework on future projects.\n\nInstructor: James G. Zack\, Jr. is Principal of James Zack Consulting\, LLC\, a construction claims consultancy dedicated to helping Owners and Contractors complete projects in the field\, not arbitration or court. He is a recognized\, published expert in mitigation\, analysis\, and resolution or defense of construction claims and disputes. In his 49-year career\, he has been involved in public and private projects throughout the U.S. and 39 countries\, working with Owners and Contractors on 5\,000+ claims. \nRegister a team of 3 or more from your organization and save $15 each! \nSee Flyer for complete details and registration information. \nRSVP and you will be sent a link to pay for your registration.
URL:https://westerncouncil.org/event/impact-of-rework-on-construction-projects/
CATEGORIES:Webinar
ATTACH;FMTTYPE=image/png:https://westerncouncil.org/wp-content/uploads/2022/02/ViewpointsSeriesGraphic2.png
ORGANIZER;CN="Valerie Largin":MAILTO:vann@wccc.org
END:VEVENT
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DTSTART;TZID=America/Los_Angeles:20220728T093000
DTEND;TZID=America/Los_Angeles:20220728T110000
DTSTAMP:20260426T023511
CREATED:20220219T010737Z
LAST-MODIFIED:20220728T213212Z
UID:1021-1659000600-1659006000@westerncouncil.org
SUMMARY:TBA - Deferred Maintenance Budgeting
DESCRIPTION:Managing capital program costs can be complex.  Many times\, overly complicated systems are implemented which are not sustainable. \nSuccessful cost management uses simple\, but integrated\, processes with a disciplined and uniform approach. \n(Additional information about this webinar will be added soon.) \nThis is webinar four in the four-part series ideal for: \n\nFacilities Directors seeking better cost management solutions\nCapital Finance Executives wanting process exposure\nOrganizations starting a new phase of capital development\nOrganizations revamping/upgrading cost management systems\nFinancial\, Accounting\, Clerical Staff professional development\nEstimators developing budgeting and cost management skills\nProject Engineers to develop more skills\nProject Managers building cost management knowledge\nContractors offering Construction Management services\nProject Controls Mangers setting up cost management systems\nOwners needing a better capital budgeting process\nOwners looking to streamline their change order process\n\nInstructor: Rodney M Percival\, PE\, Program Cost Manager with Caproso – Capital Program Solutions\, has 30+ years of cost experience as a Contractor and Program Manager on small and large private and public projects with Cost Plus\, Lump Sum\, GMP\, Design-Build or CMAR delivery.  For the past decade\, he has provided services to LAX as Chief Cost Engineer\, developing budgets\, cost systems\, historical costs\, and in-house applications. More recently\, he has founded a cost consultancy which develops applications for Owners and Estimators to budget projects and streamline analysis of non-competitively bid change events. \nFlyer will be posted soon. \nRSVP and you will be sent a link to pay for your registration.
URL:https://westerncouncil.org/event/deferred-maintenance-budgeting-tba/
CATEGORIES:Webinar
ATTACH;FMTTYPE=image/png:https://westerncouncil.org/wp-content/uploads/2022/02/COST-MANAGEMENT-series-.png
ORGANIZER;CN="Valerie Largin":MAILTO:vann@wccc.org
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