Data Science & Advanced Analytics

The Data Science & Advanced Analytics subcommittee is holding an event on January 21 at 11:00 am ET: Project Controls Reimagined: Unlocking the Power of AI

Welcome, everyone, to this exciting webinar on Project Controls and Advanced Data Analytics. Today, we stand at the threshold of a transformative era where the fusion of project controls and advanced data analytics is reshaping how we deliver and manage capital projects. This is more than just a shift in tools and technologies - it's a fundamental step-change of how we approach cost engineering and project controls.

The future holds immense possibilities: predictive insights that can anticipate challenges before they arise, machine learning models that can enhance cost predictability and improve project outcomes, and real-time dashboards that provide unparalleled transparency. However, with these opportunities comes the challenge of readiness. Success in this evolving landscape requires a proactive mindset, an openness to learning, and a commitment to leveraging data-driven strategies.

This journey is a game-changer, promising to elevate our ability to deliver projects on time, within budget, and with greater certainty. Please join Lance Stephenson as we learn from his data analytics journey and explore how we can harness these advancements to stay ahead in a rapidly changing industry. Together, we'll uncover the tools, techniques, and strategies that will define the future of project controls.

As a member of the Data Science & Advanced Analytics subcommittee, I encourage you to attend. Register here.

------------------------------
Lance Stephenson
Director of Operations
AECOM
Edmonton
h.lance.stephenson@gmail.com
------------------------------

This was a fantastic webinar that also let me know this TC exists. Thanks again for your efforts here, Lance!

The Data Science & Advanced Analytics subcommittee is holding an event on January 21 at 11:00 am ET: Project Controls Reimagined: Unlocking the Power of AI

Welcome, everyone, to this exciting webinar on Project Controls and Advanced Data Analytics. Today, we stand at the threshold of a transformative era where the fusion of project controls and advanced data analytics is reshaping how we deliver and manage capital projects. This is more than just a shift in tools and technologies - it's a fundamental step-change of how we approach cost engineering and project controls.

The future holds immense possibilities: predictive insights that can anticipate challenges before they arise, machine learning models that can enhance cost predictability and improve project outcomes, and real-time dashboards that provide unparalleled transparency. However, with these opportunities comes the challenge of readiness. Success in this evolving landscape requires a proactive mindset, an openness to learning, and a commitment to leveraging data-driven strategies.

This journey is a game-changer, promising to elevate our ability to deliver projects on time, within budget, and with greater certainty. Please join Lance Stephenson as we learn from his data analytics journey and explore how we can harness these advancements to stay ahead in a rapidly changing industry. Together, we'll uncover the tools, techniques, and strategies that will define the future of project controls.

As a member of the Data Science & Advanced Analytics subcommittee, I encourage you to attend. Register here.

------------------------------
Lance Stephenson
Director of Operations
AECOM
Edmonton
h.lance.stephenson@gmail.com
------------------------------

The Data Science & Advanced Analytics subcommittee is holding an event on January 21 at 11:00 am ET: Project Controls Reimagined: Unlocking the Power of AI

Welcome, everyone, to this exciting webinar on Project Controls and Advanced Data Analytics. Today, we stand at the threshold of a transformative era where the fusion of project controls and advanced data analytics is reshaping how we deliver and manage capital projects. This is more than just a shift in tools and technologies - it's a fundamental step-change of how we approach cost engineering and project controls.

The future holds immense possibilities: predictive insights that can anticipate challenges before they arise, machine learning models that can enhance cost predictability and improve project outcomes, and real-time dashboards that provide unparalleled transparency. However, with these opportunities comes the challenge of readiness. Success in this evolving landscape requires a proactive mindset, an openness to learning, and a commitment to leveraging data-driven strategies.

This journey is a game-changer, promising to elevate our ability to deliver projects on time, within budget, and with greater certainty. Please join Lance Stephenson as we learn from his data analytics journey and explore how we can harness these advancements to stay ahead in a rapidly changing industry. Together, we'll uncover the tools, techniques, and strategies that will define the future of project controls.

As a member of the Data Science & Advanced Analytics subcommittee, I encourage you to attend. Register here.

------------------------------
Lance Stephenson
Director of Operations
AECOM
Edmonton
h.lance.stephenson@gmail.com
------------------------------

I've attached the slides from the AI webinar. Here is the link to the recording: https://www.pathlms.com/aace/courses/9229/video_presentations/337206. 

The Data Science & Advanced Analytics subcommittee is holding an event on January 21 at 11:00 am ET: Project Controls Reimagined: Unlocking the Power of AI

Welcome, everyone, to this exciting webinar on Project Controls and Advanced Data Analytics. Today, we stand at the threshold of a transformative era where the fusion of project controls and advanced data analytics is reshaping how we deliver and manage capital projects. This is more than just a shift in tools and technologies - it's a fundamental step-change of how we approach cost engineering and project controls.

The future holds immense possibilities: predictive insights that can anticipate challenges before they arise, machine learning models that can enhance cost predictability and improve project outcomes, and real-time dashboards that provide unparalleled transparency. However, with these opportunities comes the challenge of readiness. Success in this evolving landscape requires a proactive mindset, an openness to learning, and a commitment to leveraging data-driven strategies.

This journey is a game-changer, promising to elevate our ability to deliver projects on time, within budget, and with greater certainty. Please join Lance Stephenson as we learn from his data analytics journey and explore how we can harness these advancements to stay ahead in a rapidly changing industry. Together, we'll uncover the tools, techniques, and strategies that will define the future of project controls.

As a member of the Data Science & Advanced Analytics subcommittee, I encourage you to attend. Register here.

------------------------------
Lance Stephenson
Director of Operations
AECOM
Edmonton
h.lance.stephenson@gmail.com
------------------------------

Hi Lance,

Thanks very much for your presentation yesterday, it was informative, engaging and to the point, I only wish it went for longer :)

Best Regards,

Lorne

I've attached the slides from the AI webinar. Here is the link to the recording: https://www.pathlms.com/aace/courses/9229/video_presentations/337206. 

The Data Science & Advanced Analytics subcommittee is holding an event on January 21 at 11:00 am ET: Project Controls Reimagined: Unlocking the Power of AI

Welcome, everyone, to this exciting webinar on Project Controls and Advanced Data Analytics. Today, we stand at the threshold of a transformative era where the fusion of project controls and advanced data analytics is reshaping how we deliver and manage capital projects. This is more than just a shift in tools and technologies - it's a fundamental step-change of how we approach cost engineering and project controls.

The future holds immense possibilities: predictive insights that can anticipate challenges before they arise, machine learning models that can enhance cost predictability and improve project outcomes, and real-time dashboards that provide unparalleled transparency. However, with these opportunities comes the challenge of readiness. Success in this evolving landscape requires a proactive mindset, an openness to learning, and a commitment to leveraging data-driven strategies.

This journey is a game-changer, promising to elevate our ability to deliver projects on time, within budget, and with greater certainty. Please join Lance Stephenson as we learn from his data analytics journey and explore how we can harness these advancements to stay ahead in a rapidly changing industry. Together, we'll uncover the tools, techniques, and strategies that will define the future of project controls.

As a member of the Data Science & Advanced Analytics subcommittee, I encourage you to attend. Register here.

------------------------------
Lance Stephenson
Director of Operations
AECOM
Edmonton
h.lance.stephenson@gmail.com
------------------------------

Thank you... I can talk for hours on this stuff... and I can talk for days on non-related matters as well!!! 

Hi Lance,

Thanks very much for your presentation yesterday, it was informative, engaging and to the point, I only wish it went for longer :)

Best Regards,

Lorne

I've attached the slides from the AI webinar. Here is the link to the recording: https://www.pathlms.com/aace/courses/9229/video_presentations/337206. 

The Data Science & Advanced Analytics subcommittee is holding an event on January 21 at 11:00 am ET: Project Controls Reimagined: Unlocking the Power of AI

Welcome, everyone, to this exciting webinar on Project Controls and Advanced Data Analytics. Today, we stand at the threshold of a transformative era where the fusion of project controls and advanced data analytics is reshaping how we deliver and manage capital projects. This is more than just a shift in tools and technologies - it's a fundamental step-change of how we approach cost engineering and project controls.

The future holds immense possibilities: predictive insights that can anticipate challenges before they arise, machine learning models that can enhance cost predictability and improve project outcomes, and real-time dashboards that provide unparalleled transparency. However, with these opportunities comes the challenge of readiness. Success in this evolving landscape requires a proactive mindset, an openness to learning, and a commitment to leveraging data-driven strategies.

This journey is a game-changer, promising to elevate our ability to deliver projects on time, within budget, and with greater certainty. Please join Lance Stephenson as we learn from his data analytics journey and explore how we can harness these advancements to stay ahead in a rapidly changing industry. Together, we'll uncover the tools, techniques, and strategies that will define the future of project controls.

As a member of the Data Science & Advanced Analytics subcommittee, I encourage you to attend. Register here.

------------------------------
Lance Stephenson
Director of Operations
AECOM
Edmonton
h.lance.stephenson@gmail.com
------------------------------

For those of you that missed this (excellent) presentation, here is a link to the recording (free to AACE members and non-members both):
Archived Webinar: Project Controls Reimagined: Unlocking the Power of AI [January 21, 2025]

Thank you... I can talk for hours on this stuff... and I can talk for days on non-related matters as well!!! 

Hi Lance,

Thanks very much for your presentation yesterday, it was informative, engaging and to the point, I only wish it went for longer :)

Best Regards,

Lorne

I've attached the slides from the AI webinar. Here is the link to the recording: https://www.pathlms.com/aace/courses/9229/video_presentations/337206. 

The Data Science & Advanced Analytics subcommittee is holding an event on January 21 at 11:00 am ET: Project Controls Reimagined: Unlocking the Power of AI

Welcome, everyone, to this exciting webinar on Project Controls and Advanced Data Analytics. Today, we stand at the threshold of a transformative era where the fusion of project controls and advanced data analytics is reshaping how we deliver and manage capital projects. This is more than just a shift in tools and technologies - it's a fundamental step-change of how we approach cost engineering and project controls.

The future holds immense possibilities: predictive insights that can anticipate challenges before they arise, machine learning models that can enhance cost predictability and improve project outcomes, and real-time dashboards that provide unparalleled transparency. However, with these opportunities comes the challenge of readiness. Success in this evolving landscape requires a proactive mindset, an openness to learning, and a commitment to leveraging data-driven strategies.

This journey is a game-changer, promising to elevate our ability to deliver projects on time, within budget, and with greater certainty. Please join Lance Stephenson as we learn from his data analytics journey and explore how we can harness these advancements to stay ahead in a rapidly changing industry. Together, we'll uncover the tools, techniques, and strategies that will define the future of project controls.

As a member of the Data Science & Advanced Analytics subcommittee, I encourage you to attend. Register here.

------------------------------
Lance Stephenson
Director of Operations
AECOM
Edmonton
h.lance.stephenson@gmail.com
------------------------------

Thanks for sharing. I am so happy to see TCM being taken to the next level (the renAIssance). Next year will be the 20th anniversary of the TCM Framework (and AACE membership maybe hitting 10K) so it is ripe for the analytics transition hitting us all. Thanks for your leadership on this Lance!

For those of you that missed this (excellent) presentation, here is a link to the recording (free to AACE members and non-members both):
Archived Webinar: Project Controls Reimagined: Unlocking the Power of AI [January 21, 2025]

Thank you... I can talk for hours on this stuff... and I can talk for days on non-related matters as well!!! 

Hi Lance,

Thanks very much for your presentation yesterday, it was informative, engaging and to the point, I only wish it went for longer :)

Best Regards,

Lorne

I've attached the slides from the AI webinar. Here is the link to the recording: https://www.pathlms.com/aace/courses/9229/video_presentations/337206. 

The Data Science & Advanced Analytics subcommittee is holding an event on January 21 at 11:00 am ET: Project Controls Reimagined: Unlocking the Power of AI

Welcome, everyone, to this exciting webinar on Project Controls and Advanced Data Analytics. Today, we stand at the threshold of a transformative era where the fusion of project controls and advanced data analytics is reshaping how we deliver and manage capital projects. This is more than just a shift in tools and technologies - it's a fundamental step-change of how we approach cost engineering and project controls.

The future holds immense possibilities: predictive insights that can anticipate challenges before they arise, machine learning models that can enhance cost predictability and improve project outcomes, and real-time dashboards that provide unparalleled transparency. However, with these opportunities comes the challenge of readiness. Success in this evolving landscape requires a proactive mindset, an openness to learning, and a commitment to leveraging data-driven strategies.

This journey is a game-changer, promising to elevate our ability to deliver projects on time, within budget, and with greater certainty. Please join Lance Stephenson as we learn from his data analytics journey and explore how we can harness these advancements to stay ahead in a rapidly changing industry. Together, we'll uncover the tools, techniques, and strategies that will define the future of project controls.

As a member of the Data Science & Advanced Analytics subcommittee, I encourage you to attend. Register here.

------------------------------
Lance Stephenson
Director of Operations
AECOM
Edmonton
h.lance.stephenson@gmail.com
------------------------------

Thanks, John. We still have some work to do! Analytics (algebra and stats) have always been there; we just were not using them. To be honest, my findings indicate we still struggle with this. Case in point: most people don't use the advanced analytical features in Excel, like what-if analysis, power pivot, the formula tab, which includes Python, and the 'analyze data' button. What I've also learned on my journey is that we need to do better at collecting data and to the right level, as we've been stating for over 25 years (you a lot longer). More to come on this...

Regarding the TCM, when we meet to collaborate on the 3rd edition in Anaheim, data analytics and AI will be added as an enabling process. 

Cheers,

Lance

Thanks for sharing. I am so happy to see TCM being taken to the next level (the renAIssance). Next year will be the 20th anniversary of the TCM Framework (and AACE membership maybe hitting 10K) so it is ripe for the analytics transition hitting us all. Thanks for your leadership on this Lance!

For those of you that missed this (excellent) presentation, here is a link to the recording (free to AACE members and non-members both):
Archived Webinar: Project Controls Reimagined: Unlocking the Power of AI [January 21, 2025]

Thank you... I can talk for hours on this stuff... and I can talk for days on non-related matters as well!!! 

Hi Lance,

Thanks very much for your presentation yesterday, it was informative, engaging and to the point, I only wish it went for longer :)

Best Regards,

Lorne

I've attached the slides from the AI webinar. Here is the link to the recording: https://www.pathlms.com/aace/courses/9229/video_presentations/337206. 

The Data Science & Advanced Analytics subcommittee is holding an event on January 21 at 11:00 am ET: Project Controls Reimagined: Unlocking the Power of AI

Welcome, everyone, to this exciting webinar on Project Controls and Advanced Data Analytics. Today, we stand at the threshold of a transformative era where the fusion of project controls and advanced data analytics is reshaping how we deliver and manage capital projects. This is more than just a shift in tools and technologies - it's a fundamental step-change of how we approach cost engineering and project controls.

The future holds immense possibilities: predictive insights that can anticipate challenges before they arise, machine learning models that can enhance cost predictability and improve project outcomes, and real-time dashboards that provide unparalleled transparency. However, with these opportunities comes the challenge of readiness. Success in this evolving landscape requires a proactive mindset, an openness to learning, and a commitment to leveraging data-driven strategies.

This journey is a game-changer, promising to elevate our ability to deliver projects on time, within budget, and with greater certainty. Please join Lance Stephenson as we learn from his data analytics journey and explore how we can harness these advancements to stay ahead in a rapidly changing industry. Together, we'll uncover the tools, techniques, and strategies that will define the future of project controls.

As a member of the Data Science & Advanced Analytics subcommittee, I encourage you to attend. Register here.

------------------------------
Lance Stephenson
Director of Operations
AECOM
Edmonton
h.lance.stephenson@gmail.com
------------------------------