About AACE

Established in 1956, AACE International is the Association for the Advancement of Cost Engineering. Together with the AACE International Certification Institute, it serves over 10,000 members and certificants in 100 countries. Cost Engineering is a field of study using integrated means and methods to enable sound decision making in enterprise asset management. AACE’s Body of Knowledge is developed, refined, and deployed by industry professionals worldwide.  Click here to learn more about AACE International.

The Toronto Section of AACE Canada (founded 1975) has more than 300 members from a wide range of companies in the Greater Toronto area. Our members are involved in a broad range of disciplines, including estimating, cost control, planning, scheduling, claims management, project management and management sciences. The Toronto Section holds monthly Technical Meetings and additionalseminars are held to improve the professional skills of our members.

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Infrastructure projects are becoming increasingly complex given governments' demand for building innovative and smart cities. Forecasting a realistic schedule contingency is a major concern for managing this class of projects. Existing scheduling models often run based on subjective data collected from members of the project delivery team (PDT) without incorporating historical data of the project. The confidence level of the result heavily relies on the experience of the PDT and their subjective judgment.

The presentation will discuss a data-driven quantitative scheduling risk analysis model that employs reported schedule performance data to the project in-hand in combination with a set of schedule risk drivers for forecasting project schedule contingency.

Moe Roghabadi

Moe Roghabadi is a risk manager with over ten years of industry and academic experience in the execution of sustainable risk management services for large-scale projects in infrastructure, mining and metals, and energy sectors. Moe has completed risk and contingency work for projects within different levels of complexity and scope, from the conceptual to completion phases totaling well over $20B. Moe has a Ph.D. in Construction Engineering and Management, focusing on providing an integrated risk management framework for construction projects using advanced artificial intelligence-based algorithms. He is a frequent guest speaker at universities for relevant risk management and project control courses.

Sedat Akkaya

Sedat has worked for over 30 years in various sectors (Oil and Gas, Power, Infrastructure, Mining and Telecommunication) and has participated in the delivery of projects from the concept select stage to construction and commissioning. He has been associated with AACE since 2006 and attained AACE certification in 2009. Sedat is currently the Head of the Project Management Office at the Toronto Transit Commission (TTC) based in Toronto, Canada and is serving as a Director on the AACE Toronto Section Board.

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