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will be held at the: Hacienda Colorado

May Meeting Topic: Best Value Performance Measurement

Speaker- Richard (Rich) Plumery, EVP, PMP
Rich is a certified Earned Value Professional (EVP) with over 20 years of project management experience in both the private and government sectors. Rich specializes in project controls and more specifically project performance measurement and management with experience ranging from implementing EVMS validated systems on multi-billion dollar government projects to recently successfully implementing an EVMS “light” system for a client with no previous government or even project experience. Rich is currently Project Controls Manager for URS Energy & Construction leading project controls efforts on design, engineering, procurement and construction projects for the oil and gas industry. His current projects include three EPC gas plant projects for mid-stream clients with a cumulative total installed cost value of over a billion dollars. Rich has also owned and managed several successful businesses and because of his entrepreneurial nature, Rich brings a unique perspective to performance management which led him to devise his “SMARTER” project approach to performance measurement.

Abstract - What does “lean” mean in terms of project execution to you and your organization? How does one get the best value from project performance information to better manage the additional risk that lean execution brings to Engineer-Procure-Construct (EPC) projects? Is there continual criticism by the project team and upper management for the inaccuracies derived from the Earned Value Management System indices? The focus is on maximizing the value and clarity of information produced by project performance information systems to tell the project’s story. This will be accomplished by demonstrating how to refine the accuracy of the Earned Value indices with techniques that are applicable to most EPC projects. When these refinements are combined with an added focus on the project’s risk critical elements, they will provide a best value solution to project performance measurement on lean projects. Additionally, this presentation will demonstrate how to use a unique correlation graph to tell the project’s story more accurately and re-establish the credibility of our Earned Value indices. Let’s work “SMARTER” not harder.

Please arrive by 5:30pm to meet with other AACE International members and guests. Dinner and a brief section meeting will start at 6:00 pm. The presentation will begin around 7:15 pm.

Hacienda Colorado
4100 E Mexico Avenue
Denver, CO 80222

Thursday, May 23, 2013

5:30 - 6:00 Registration
6:00 - 7:15 Section Meeting and Dinner
7:15 - 8:15 Speaker Presentation

Please email Jon Hoogenboom, our section Vice President, if you have any questions about the event at jbm.aacerms@gmail.com.

Don't forget to make a reservation for your guests!

Our next monthly meeting is scheduled for September 2013.
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