CONFERENCE DAY TWO
Friday, May 3
6:30 am Morning Networking & Refreshments
7:30 am Chairs Opening Remarks
Expanding Your Preconstruction Team
7:40 am Panel Discussion: Developing a Recruitment & Retention Framework to Make Your Organization More Attractive to New Hires & Deliver Against Your Future Growth Strategy
Synopsis
• Identifying a pool of internal candidates with the right attributes who could add value to your preconstruction team
• Reviewing compensation, benefits packages and career path opportunities to appeal to individuals that may not have considered a role in preconstruction
• Developing a rotational training program for new hires that prepares recruits for diverse roles, sparks organization wide interest in preconstruction roles and allows for flexible staffing to meet changing demands
8:50 am Cultivating a Culture & Process for Innovation in Preconstruction
Synopsis
• Identifying innovators and creating an environment allowing innovation to thrive
• The Process of Innovation and the importance of documentation
• Working together to identify challenges and develop holistic and intelligent solutions
9:30 am Morning Refreshments & Networking
Chaired By: Steve Varley, Chief Estimator, McMillan Electric
10:25-11:50pm Optimizing Iterative Project Estimating
10:25am: Tracking the Cost of a Project Through Multiple Iterations to Improve Your Quantification & Control Over the Cost of Change
• Measuring the labor cost of value engineering against cost-savings to better predict the actual cost of change
• Streamlining data input processes for field teams to simplify the task of documenting change and enhance the accuracy of data being collected
• Analyzing the quality and quantity of field labor to better predict labor costs on future projects
Taylor Hughes, Estimator Capital Management, Trust & Ashford Hospitality Prime
11:10am: Audience Discussion: Utilizing Cross-Stakeholder Collaboration to Minimize Iterations in Estimates
• Setting clear expectations with the client upfront to align project milestones with budget expectations to reduce ad hoc changes
• Streamlining the value engineering process to address potential design changes early and avoid multiple rounds of re-design and re estimating
• Creating a plan for estimation alongside other stakeholders to ensure the pricing remains stable throughout the project
11:50pm Lunch Break
1:00-1:40pm Reducing Estimating Iterations
1:00pm: Encouraging Cost Transparency Between Project Partners to Enhance Collaborative Decision-Making
- Leading by example and providing detailed cost breakdowns to allow your project partners to clearly understand where expenses have been allocated
- Fostering a platform for real-time cost updates to enable project partners to react swiftly to any budget changes, and make decisions that realign the budget with project financial objectives
- Conducting collaborative cost reviews to promote accountability among project partners and identify potential blind spots or savings
Taimoor Khan, Vice President of Preconstruction, Satterfield Pontikes Construction
1:40pm Afternoon Refreshments & Networking
Upgrading Your Technology Stack
2:20 pm Panel Discussion: Lifting the Lid on Digitally-Enabled Preconstruction So You Can Remain the Preconstruction Contractor of Choice
Synopsis
• Leveraging advanced data analytics to help foresee potential project delays, cost overruns, resource shortages and mitigate risks
• Exploring the challenges of integrating AI into preconstruction and data analytics to enhance your understanding of its practical application
• Analyzing the current and future pressures on preconstruction professionals to ensure you are adapting your skills and those of your teams to meet demands
• Integrating BIM technology into preconstruction to enable better 3D visualizations on the project to streamline design coordination and enable more detailed cost estimations
3:00 pm Panel Discussion: Uncovering the Investment & Potential ROI of the Available Tech Stack to Determine Which Are Most Applicable to Your Organization
Synopsis
• Identifying your key process challenges to pinpoint your organization’s requirements when it comes to software
• Evaluating the range of available technologies and understanding the benefits of taking the time to pilot programs to inform your decision-making process
• Analyzing the cost vs. benefit ratio for each tool to inform your selection of a software that offers your organization the most value
• Considering the future of your organization so that you can select tools that are flexible and support the growth and development of your organization