Spotlight on Draft Recommended Practice RM-30: Cost Estimate Accuracy Range and Contingency

When:  Apr 27, 2021 from 11:00 AM to 12:00 PM (ET)


Spotlight on Draft Recommended Practice RM-30:
Cost Estimate Accuracy Range and Contingency Determination using Tables Derived from Parametric Risk Models
Presenter:
John K. Hollman, PE CCP CEP DRMP FAACE Hon. Life.
Host:
H. Lance Stephenson, CCP FAACE

About RP RM-30:
This draft recommended practice defines a tabular, risk-driven method for establishing predetermined cost estimate accuracy range and contingency values based on industry parametric risk quantification models.

In order to provide comment or access the draft, please join the Decision and Risk Management Subcommittee community.

Also, select this link to be taken directly to the community post to comment on the draft RP.

This draft RP is open for review and comment until May 15, 2021

AACE welcomes subcommittee review, comment, and dialog for recommended practices (RP) that are under development. The subcommittee review utilizes the knowledge of subject matter experts that have specific industry experience and perspective to help strengthen RP quality.

About AACE Recommended Practices:
The AACE International Recommended Practices (RPs) are a series of documents that contain valuable reference information that has been subject to a rigorous review process and recommended for use by the Technical Board. RPs are intended to be the main technical foundation of AACE educational, and certification products and services. All RPs are available to AACE members free of charge and can be accessed here.

Location

Online Instructions:
Url: http://aacei.zoom.us/webinar/register/WN_pxqX0LdOQFGxi8cMBi_28Q
Login: To register for this event please click on the link above.

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