Level: Intermediate
Venue: 2024 AACE International Conference & Expo
Abstract: This session will focus on key performance indicators (KPIs) related to project execution from the perspectives of critical project stakeholders, including owners, contractors, construction managers, and data analysts. The discussions will revolve around a sample troubled project that is halfway complete, over budget, behind schedule, and has an inaccurate monthly forecast. How can a realistic and reliable completion date be determined? While most KPIs are retrospective and may not accurately predict the future beyond a limited time horizon, some expertly skilled individuals can produce a guesstimate based on their intuition and experience that proves to be remarkably accurate. During this session, you will hear from a panel of experts with varying degrees of expertise. Additionally, you will gain insights into leveraging digital resources, such as data analytics and artificial intelligence. By the end of the session, attendees should be better equipped to forecast project outcomes more effectively.
Venue: 2024 AACE International Conference & Expo
Abstract: This session will focus on key performance indicators (KPIs) related to project execution from the perspectives of critical project stakeholders, including owners, contractors, construction managers, and data analysts. The discussions will revolve around a sample troubled project that is halfway complete, over budget, behind schedule, and has an inaccurate monthly forecast. How can a realistic and reliable completion date be determined? While most KPIs are retrospective and may not accurately predict the future beyond a limited time horizon, some expertly skilled individuals can produce a guesstimate based on their intuition and experience that proves to be remarkably accurate. During this session, you will hear from a panel of experts with varying degrees of expertise. Additionally, you will gain insights into leveraging digital resources, such as data analytics and artificial intelligence. By the end of the session, attendees should be better equipped to forecast project outcomes more effectively.