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CHINOOK Volume 19, Issue 4 Newsletter of the Chinook-Calgary Section January 2017
AACEI Chinook-Calgary Newsletter – January 2017 1
President’s Message
Wish you all a very happy new year. Hopefully all of you had much deserved break and are back at work with renewed energy and enthusiasm. I wish that 2017 be year of great opportunities, learning and growth for all of us. We at Calgary section are back and planning many exciting events for our membership.
In November, after a long time, we brought a soft skill topic with an excellent presenter for our members. Our last dinner meeting was on the topic of “ Leading multicultural teams for Competitive Advantage” presented by Dr. Lionel Laroche. The presentation was greatly appreciated by one and all. Our next dinner meeting will be on January 25th presented by Matthew Schoenhardt. He will be talking about “Parametric Contingency Estimating on Small Projects”. Matthew was ranked #1 speaker and #7 paper over all in AACEI Annual conference in 2016 at Toronto. It is going to be an exciting presentation, so please register at the earliest.
AACEI global recently revamped their website and as a result Your current AACE username and password is no longer active. To generate your new login credentials, please visit http://web.aacei.org to generate your new login credentials.
I urge you all to register for AACE's 2017 Annual Meeting that is taking place in Orlando, FL –from June 11 to 14 . Don’t miss out on this excellent opportunity to network with your peers, earn CEUs/PDHs and attend the latest papers on cost, schedule and management . Member engagement is going to be our main focus of this year’s effort. We want to ensure that members of our Chinook Calgary section are fully engaged with the Chapter because we offer the membership support, services and opportunities that meet their expectations for quality and value. If you would like to participate as a volunteer in Chapter operations and management, please reach out to us and we will be happy to engage you. Wishing you Happy Halloween in advance and I look forward to meeting you all at our upcoming events.
Bindu Amin MSc.(PM), MBA, PMP, CCP, EVP President, AACEI Chinook-Calgary Section [email protected] Phone: 403-816-4803
Bindu Amin MSc.(PM), MBA, PMP, CCP, EVP
President, AACEI Chinook-Calgary Section
CHINOOK Volume 19, Issue 4 Newsletter of the Chinook-Calgary Section January 2017
AACEI Chinook-Calgary Newsletter – January 2017 2
WHAT is AACEI Chinook-Calgary?
The Chinook Calgary section was founded in 1972. It currently has close to 850 members from a wide range of
companies in and outside of Alberta. Our members are involved in all aspects of estimating, cost control,
planning, scheduling, contract management and project management.
Members receive the Cost Engineering Magazine, discounts on books and publications from AACEI
Headquarters and access to contents on the AACEI website.
This local newsletter is issued regularly and members are encouraged to submit articles or notices for
publication.
Contact Us:
Our Web Page at: http://www.aaceicalgary.org AACE International: http://www.aacei.org/
Or any of the contact points on the President’s Team Below!
Left to right (Standing): Mahendra Bhatia, Shehzad Anjum, Sirish Mandapati, Cindy Hands, Jeff Young, Shahid Ali Khan, Hammad
Tahir, Diana Nada, Donna Kainth, Omar Neva, Bruce Predham
Left to right (Sitting): Anna Tremblay, Imran Wyeen, , Mustansir Raj, Bindu Amin, Eileen Doonan, Pattita Brandell, Brandi
Davis
Not pictured: Noel Sanchez, Behmanesh Sharif, Peter Ripley, Steve Revay
CHINOOK Chinook-Calgary Section January 2017
AACEI Chinook-Calgary – January 2017 3
President’s Team 2016-2017 Chinook Calgary Board of Directors
Position Name Section Email Phone Number
Officers
President Bindu Amin [email protected] (403) 298-7010
Vice-President Eileen Doonan [email protected] (403) 296-6298
Treasurer Imran Wyeen [email protected] (403) 473-6544
Secretary/Coordinator Jeff Young [email protected] (403) 401 6447 cell
Past President Mustansir Raj [email protected] (403) 483-6547
Directors
Membership/Facilities Anna Tremblay [email protected] (403) 648-7069
Scholarships & School Liaison Noel Sanchez [email protected]
Certification
S&K Workshop Bruce Predham [email protected] (403) 296-3453
Communications Shahid Ali Khan [email protected]
(403) 861-0517
Technical Dinner Meeting Sirish Mandapati [email protected] (587) 999-1515
Directors at Large
Treasurer/ Pay Pal Coord Pattita Brandell [email protected]
Membership/Facilities Omar Neva [email protected]
Scholarships Noel Sanchez [email protected]
Certification Donna Kainth [email protected] (403) 998-6239
S&K Workshop Shahzad Anjum [email protected] (403) 975-8231
Publicity/Communication Brandi Davis [email protected] (403) 804-7845
Tech Meeting/Seminar Behmanesh Sharif [email protected] (403) 903-0475
Advisor Peter Ripley [email protected] (403) 245-1670
Advisor Steve Revay [email protected] (403) 777-4900
Advisor Cindy Hands [email protected] (403) 920-3143
Advisor Mahendra Bhatia [email protected] (403) 714-5925
CHINOOK Chinook-Calgary Section January 2017
AACEI Chinook-Calgary – January 2017 4
DINNER MEETING ANNOUNCEMENT
Wednesday – January 25, 2017 Topic: Parametric Contingency Estimating on Small Projects
Presenter: Matthew Schoenhardt, P.Eng, MBA, PMP, RMP-President MS Consulting
Presentation Topic:
AACEI Recommended practice 43R-08, Risk Analysis and Contingency Determination using Parametric Estimating
applies historical empirical data to estimate contingency. This Parametric contingency method has clear advantages
over other AACE recommended practices for mega-projects including speed, accuracy and cost effectiveness. While
mega-projects capture the attention of executives, shareholders, media and researchers, the sheer quantity of many
companies’ “small projects” can eclipse the capital spend of a single mega-project. For most companies, small
projects are the foundation of sustained and incremental profitability. The size of “small projects” often precludes
detailed contingency assessments by project managers while their puny stature renders them unattractive to academic
research. As a result many firms solve this problem by simply applying 10% contingency across the board to small
projects, regardless of the project’s actual risk profile. This paper outlines a pioneering solution: a small-project
systemic contingency tool. This paper will use the example of a Canadian midstream oil and gas company and how it
solved the problem of small-project contingency assessments using a parametric approach using in-house data.
Presenters Bio:
As a Risk Management Professional, Matthew brings together business, engineering, project management and
controls together into a single coherent package to deliver risk planning, identification, evaluation, and risk response
planning to clients. He is familiar with all aspects of risk management and can facilitate a variety of risk management
strategies tailored to the client’s needs. Matthew has completed risk and contingency work for hundreds of projects
totaling well over $100B. Approaching capital infrastructure from a financial and business objectives perspective,
Matthew brings fundamental critical thinking and formidable quantitative skills to the table. His ability to quickly
identify, understand, and articulate the salient issues allows Matthew to help clients help solve real world problems,
structure their projects, and enable success. Matthew has a broad background in the private sector including light
manufacturing, heavy industry, food processing, and distribution. He has performed both in staff and direct
management roles. Matthew was ranked #1 speaker and #7 paper over all in AACEI Annual conference in 2016 at
Toronto.
Location & Time International Hotel (top floor), 202 4th Ave SW, Calgary
Cocktails 5:30, Dinner 6:00, Meeting 6.45 pm
MENU: B U F F E T !
FEES: $35 for members, $40 for non-members, $15 for students.
Registration Please register online at our website: www.aaceicalgary.org through PayPal System, no later than
Mid-day Tuesday January 24, 2017. If you cannot register through Pay Pal, email to ([email protected])
. WHO IS INVITED?
Cost analysts, cost engineers, estimators, planners & schedulers and project managers. Also, practitioners or professionals of
any and all levels with an active interest in project costs, execution, construction management, contracts management,
estimates, schedules and project management.
CHINOOK Chinook-Calgary Section January 2017
AACEI Calgary Chinook Newsletter – January 2017 5
2016 / 2017 TECHNICAL DINNER MEETINGS
The above represent our proposed 2016 / 2017 Technical Dinner meeting series topics and Key Note Speakers. If you have any suggestions for relevant presentations or know of Key Note Speakers that are looking to present engaging AACE relevant topics , please reach out to [email protected]
CHINOOK Chinook-Calgary Section January 2017
AACEI Calgary Chinook Newsletter – January 2017 6
PRIOR SECTION ACTIVITY
Thursday – November 17, 2016
Topic: Leading multicultural teams for Competitive Advantage
Presenter: Dr. Lionel Laroche – Owner, Multi Cultural Business Solutions
In today's fast changing global economy, we must work with people who are different from us, no matter what the
difference is. This brings both challenges and opportunities. Dr. Laroche’s presentation provided insight on how to lead
multicultural teams to high performing teams and increase the competitive advantage in organizations. The way we think,
communicate and respond in a wide range of professional situations depends to a significant extent on where we have
been brought up. In current business environment, most leaders have to lead multicultural project teams effectively and
this requires that leaders and team members understand how cultural differences impact the interpersonal dynamics of the
team . They also need to learn to overcome the initial challenges in order to benefit from the creativity and innovation that
result from having different people look at the same problems from different perspectives.
Dr. Laroche employed some hands-on exercises to make participants understand why culturally different people interact
professionally in ways that seem strange and wrong to them. The intent was ultimately to increase people’s cultural
competence so they can work more effectively with colleagues and clients of diverse cultural background. The
presentation evoked very lively discussion among participants and sharing of some their real life example to substantiate
the importance of subject.
CHINOOK Chinook-Calgary Section January 2017
AACEI Calgary Chinook Newsletter – January 2017 7
ADVERTISING
Space is available in the AACE Calgary Chinook Newsletter for advertising, subject to size and content
Fees: $300 for full page, $150 for half page
Proceeds from advertising support the AACE International Chinook-Calgary Section Scholarships
Please contact Eileen Doonan at [email protected]
CERTIFICATION IS ONLINE NOW!
For further info please go to www.aacei.org
If you have any questions regarding Certification Application or any related matters please check website:
http://www.aacei.org/certification.
Any other questions please contact Bindu Amin [email protected], Phone: 403-298-7010
MISSING YOUR NEWSLETTER?
Make sure we have your current email address
SIGN UP on the Section Website
http://www.aaceicalgary.org/
CHINOOK Chinook-Calgary Section January 2017
AACEI Calgary Chinook Newsletter – January 2017 8
3Targets Presents
Project Management Training Workshops 2017 UPCOMING WORKSHOPS IN CALGARY
Planning and Scheduling Professional (PSP)
Exam Preparation
February 11th & 18th
2017
3Targets is an approved
education provider certified by
AACEi and PMI
Certified Cost Professional (CCP)
Exam Preparation
April 29th, May 6th & 13th
2017
Practical Project Controls (PPC)
Training Workshop
August 12th, 19th & 26th
2017
Earned Value Professional (EVP)
Exam Preparation
October 21st & 28th
2017
For further information and registration, please visit www.3targets.com
