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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About the Presentation:

The importance of an integrated database for project historical data to measure project performance is recognized by the recent AACE Recommended Practice 114R-20 Project Historical Database Development. A historical database allows project teams to create standardized reports on key performance indicators, trend metrics over time, and analyze the data to observe common trends in project performance. There are many challenges to overcome in the development of an integrated database; establishing data input standards, maintaining the data quality, establishing and maintaining the necessary data security, resolving database errors in a timely manner and developing effective metrics. This presentation will focus on the key challenges that needed to be overcome while implementing an integrated project data warehouse for project performance at Ontario Power Generation (OPG), and some of the benefits that have been observed. The development of this data warehouse began in 2015 as part of a mega-project and was extended to all OPG projects in 2019.

About the Speaker:

Eric Vyskocil is a physicist whose career took him into project management and ultimately into application and database development, focused on helping project teams understand and report on their progress. He is currently working at Ontario Power Generation where he manages a team of developers that provides support to hundreds of projects responsible for more than $1 billion in spending every year.

Program

  • 06:00 - 06:30 PM - Networking, Snacks & Refreshments
  • 06:30 - 07:30 PM - Technical Presentation
  • 07:30 - 08:00 PM - Close Out & Networking

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