(PUBLIC REVIEW DRAFT) 123R-22: Integrated Cost and Schedule Risk Analysis and Contingency Determination Using Estimate Ranging and Expected Value with Monte Carlo Simulation

  • 1.  (PUBLIC REVIEW DRAFT) 123R-22: Integrated Cost and Schedule Risk Analysis and Contingency Determination Using Estimate Ranging and Expected Value with Monte Carlo Simulation

    Posted 02-23-2023 10:54 AM
      |   view attached

    (PUBLIC REVIEW DRAFT – Open until April 9, 2023) 123R-22: Integrated Cost and Schedule Risk Analysis and Contingency Determination Using Estimate Ranging and Expected Value with Monte Carlo Simulation

    This draft RP is open for review and comment until April 9, 2023.

    You may provide your comment by either: 

    • Posting a message directly
    • Providing mark-up in the PDF file
    • Providing your comment in the Excel file




    ------------------------------
    Christian Heller
    Director of Technical Guidance
    AACE International
    cheller@aacei.org
    ------------------------------

    Attachment(s)

    pdf
    PRD_123R-22_2023-02-23.pdf   805 KB 1 version


  • 2.  RE: (PUBLIC REVIEW DRAFT) 123R-22: Integrated Cost and Schedule Risk Analysis and Contingency Determination Using Estimate Ranging and Expected Value with Monte Carlo Simulation

    Posted 02-28-2023 08:57 AM
      |   view attached

    A corrected commen log file is attached here.



    ------------------------------
    Christian Heller
    Director of Technical Guidance
    AACE International
    cheller@aacei.org
    ------------------------------

    Attachment(s)

    xlsx
    PRD_123R-22_Comment Log.xlsx   26 KB 1 version
    Original Message


  • 3.  RE: (PUBLIC REVIEW DRAFT) 123R-22: Integrated Cost and Schedule Risk Analysis and Contingency Determination Using Estimate Ranging and Expected Value with Monte Carlo Simulation

    Posted 03-01-2023 01:13 PM
      |   view attached

    Hi Christian,

    Please find attached my review comments in the pdf file.

    Regards,



    ------------------------------
    Hossam Hefnawy
    Program Risk Manager
    WSP
    Jeddah
    00966541774438
    hossam.management@yahoo.com
    ------------------------------

    Attachment(s)

    pdf
    PRD_123R-22_Comments-rev03.pdf   850 KB 1 version
    Original Message


  • 4.  RE: (PUBLIC REVIEW DRAFT) 123R-22: Integrated Cost and Schedule Risk Analysis and Contingency Determination Using Estimate Ranging and Expected Value with Monte Carlo Simulation

    Posted 03-12-2023 03:43 AM

    I updated my comments in the pdf file with a little few changes in figure 1 (Venn diagram)



    ------------------------------
    Hossam Hefnawy
    Program Risk Manager
    WSP
    Riyadh
    00966541774438
    hossam.management@yahoo.com
    ------------------------------

    Original Message


  • 5.  RE: (PUBLIC REVIEW DRAFT) 123R-22: Integrated Cost and Schedule Risk Analysis and Contingency Determination Using Estimate Ranging and Expected Value with Monte Carlo Simulation

    Posted 03-17-2023 05:48 AM
      |   view attached

    Hi Christian

    Thank you for the opportunity to comment.  My comments attached in the Comment Log.



    ------------------------------
    May Chetty CEP
    Senior FEED Estimator
    Group Technology, a division of Sasol South Africa (Pty) Ltd
    Sandton
    +2782 575 6236
    ------------------------------

    Attachment(s)

    xlsx
    PRD_123R-22_Comment Log.xlsx   17 KB 1 version
    Original Message


  • 6.  RE: (PUBLIC REVIEW DRAFT) 123R-22: Integrated Cost and Schedule Risk Analysis and Contingency Determination Using Estimate Ranging and Expected Value with Monte Carlo Simulation

    Posted 03-24-2023 12:30 PM
      |   view attached

    Please see attached my two cents.

    Regards,

    Taranjit



    ------------------------------
    Taranjit Hara CEP EVP
    Lead Estimator
    Teck Resources Limited
    Mission BC
    (306) 262-3529
    taranjit2@hotmail.com
    ------------------------------

    Attachment(s)

    pdf
    PRD_123R-22_2023-02-23 tsh.pdf   830 KB 1 version
    Original Message


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