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Association for the Advancement
of Cost Engineering® International (AACEi)
North Florida Section / February 19th, 2015 Meeting Notice
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Meeting Summary
Date:
Thursday, February 19th, 2015
Time:
Dinner: 6:30 p.m.
Presentation: 7:00 p.m.
Location:
Siemens Energy, Inc., Quad II Building
11950 Corporate Boulevard
Orlando, FL 32826
Program:
The Case for Schedule Risk Analysis
Dinner:
Optional dinners available at $10.00 per person.
Questions/
E-mail [email protected]
Program: The Case for Schedule Risk Analysis,
with speaker Francisco Cruz, PE, RMA, PMA Consultants.
Project schedules are typically based on one-point estimates of task durations, i.e., overlooking the
inherited uncertainty carried by deterministic schedules. While project risk analysis is now more common
in project management, organizations are still allocating schedule contingency based on empirical
methods, and most of the projects are delivered behind schedule. The proposed and proven solution to
increase the probability of on-time project delivery is to perform schedule risk analysis (SRA).
This presentation will deliver the case for implementing schedule risk analysis in your projects, showing
the recommended approach to perform qualitative and quantitative SRAs, and discussing lessons learned
on scope negotiation, facilitation, confidence levels, and schedule contingency allocation.
Speaker: Francisco Cruz, PE, RMA, Associate at PMA Consultants
Mr. Francisco Cruz is an Associate at PMA Consultants with over 10 years experience in cost control, cost
estimating, scheduling management, risk management, virtual design and construction, project
management, project inspection, and supervisory management. His project experience includes
infrastructure, pharmaceutical, mixed-use, corporate office buildings, and municipal projects in the US,
Europe, Asia and the Caribbean.
Mr. Cruz has performed cost and schedule risk analyses on more than 50 pharmaceutical and
infrastructure projects, including tunnels, airports, bridges, and ports totaling more than $4.5B.
Currently, Mr. Cruz serves as one of the leaders of the risk knowledge center within PMI Scheduling
Community of Practice (PMI SCoP). He holds a B.S. in Civil Engineering, and a M.Eng. in Construction
Management. He is a registered Professional Engineer in Florida and Puerto Rico.
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Optional dinners offered at $10.00 per member with advance reservations. R.S.V.P.'s are required. See
below for details.
Click HERE to R.S.V.P. Deadline 2/18/2015. Please specify if registering for meeting and dinner OR for
meeting only. See below for meal details.
Everyone is welcome. Invite your friends, colleagues, or anyone who may be interested.
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Optional Dinners Available — Advance Reservations Required!
Optional dinners will be offered at $10.00 per member. Menu features Ham and Sausage Quiche with
Sweet Pepper and Onion (Vegetarian alternative: Mushroom Quiche with Sweet Pepper, Onion, and
Spinach); Home-made Split Pea with Ham Soup (Vegetarian alternative: Tomato Basil Soup); Spinach
Salad with Mandarin Oranges, Peanuts, and Berries; Gluten-free Buckwheat Muffins with Apple Butter;
Home-made Cookies; Soda/Tea/Water. Advance reservations required by the end of business day on
Wednesday, 2/18/2015. Walk-ins cannot be guaranteed a meal. Payments may be made via check
(payable to North Florida AACEi) mailed in advance to N. FL AACEi Treasurer William Sheerin at 2450
Williams Rd., Winter Garden, FL 34787, or by check/cash at the door (exact change appreciated).
Cancellations must be received 24 hours before the meeting for a refund. If you order a meal but do not
attend or do not eat after food has been ordered, we request reimbursement if no prior notification was
given.
Click here to R.S.V.P. Please specify if registering for meeting and dinner, OR for meeting only, If you
have any questions, please click here to e-mail.
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Upcoming Meeting: March 19th, 2015, a presentation on All Aboard Florida, with speaker Russell
Roberts, Central Florida All Aboard Florida Representative. Note: This meeting will be held at the CCTS
Office in Cocoa Beach, FL. Watch the Meetings page for details and other upcoming programs. Visit our
Web site often for the latest Section news and activities. We welcome your ideas and suggestions on
possible topics and speakers. Please send them to [email protected]. Don’t miss these valuable
technical presentations and first-class professional networking opportunities.
Board Members Take Note: The next board meeting of the program year will take place Thursday,
March 19th, 2015 immediately following the Section meeting. Watch for separate notices coming soon.
CCTS Update:
CCTS is actively planning for the 43rd Space Congress®, a Showcase of Aerospace, Technology, Logistics
and Manufacturing, April 28th-30th, 2015 at the Radisson Resort at the Port, Canaveral, FL. Please mark
your calendars early for this important event. For more information, visit www.cctsonline.org.
National Engineers Week Awards Banquet Date Set: February 26th, 2015, at Holiday Inn Viera, N.
Wickham Road, Melbourne, FL. For details, visit www.cctsonline.org.
Our congratulations to the 2014 North Florida AACEi "You're a Star" Award winner Sam Griggs, CCP! This
award was presented at the December 11th, 2014 Section holiday meeting. See article with photo in the
next newsletter issue.
Scholarship Application Opportunity Has Arrived! The AACEi scholarship application period is open
December through February 7th each year. If you know of a deserving college student who may be
interested in applying for this scholarship, or know a Florida college/university professor who teaches a
cost engineering-related class, please let us know. Students from our Section have now been
awarded eleven AACEi scholarships since 2008, with many also receiving Section
supplemental scholarships plus AACEi Matching Funds. Our congratulations to all our winners! See the
Scholarship page for details.
Renew Your Membership Now! Don't lose access to the valuable resources, programs and professional
networking that AACEi provides. Either complete the printed renewal you have received, or renew
online. Use the AACEi secure Web site by visiting https://www.aacei.org/NetforumLoginForm.asp and
logging in. Click "My Profile," then "Renew Membership."
Member Information Requested: If you currently serve on an AACE International board or committee,
participate in their mentoring program, or have recently published an article in AACEi's Cost Engineering
or Source magazines, please let us know.
Be sure to check out the job openings on our Employment page.
Sign up your company for our Web site's new Company Listings page. Get your free listing by clicking on
the Listings page at www.nflaace.org.
Read all about it! To see our latest newsletter, click here. Note: If you’re having trouble viewing the
online newsletter, click here for the PDF version.
Have a great idea for a speaker or program? Contact [email protected].
For more information about North Florida AACEi, please visit www.nflaace.org.
To unsubscribe from our mailing list, e-mail [email protected].
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Directions and Location Details:
Siemens Energy, Inc., Quad II Building, at 11950 Corporate Boulevard, Orlando FL 32826. Quad II meeting
room off first floor cafeteria. Ask guard at front door for directions. Quad II is first building on left after
entering Siemens complex off Corporate Blvd. See Google map here.
Or for directions from your location, use GPS or online map services such as Google Maps or MapQuest.
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