S3E70: Infrastructure Cost Overruns and How to Avoid Them with John Hollmann
In this episode Dale and Val talk about cost overruns and risk. Estimating projects can be challenging, but the maturity of contingency, risk and estimate management is considered decades ahead in other sectors, so why not infrastructure? We talk to risk and estimating expert John Hollmann on his views about what makes Infrastructure projects more challenging, as well as the opportunity of technology to help alleviate cost challenges on infrastructure projects. A little about John: He helps owner companies improve their cost engineering competencies and capabilities. This includes projects involving engineering and construction in most sectors (e.g., process, power, mining, infrastructure, transportation, etc.). John is passionate about the field of Cost Engineering and has been a leader in developing technical standards. John has been on the Boards of AACE and ICEC, as well as lead author and editor of AACE's "Total Cost Management Framework" text, authored "Project Risk Quantification" text, authored many AACE Recommended Practices plus many papers and led the development of AACE's Decision and Risk Management Professional (DRMP) certification. Most recently, working with Koff & Guerrero Consultants, launched the ValidRisk cloud-based risk quantification software. You can check out more by visiting www.validest.com and validrisk.com This podcast is brought to you by: JustDo.com InEight.com PlanAcademy.com - save $75 on any course with this link - www.planacademy.com/chatter/ #projectmanagement #projectcontrols #projectplanning #projectriskmanagement #projectledaership