4castplus Blog

4castplus Blog

16 16, 2020

The 2020 AACE Conference has gone Virtual!

Due to the current COVID-19 restrictions that have been imposed on public gatherings and travel, the 2020 AACE Conference has gone virtual.  Attendees can still take advantage of all the presentations, technical sessions and networking opportunities – but this year from their own home office.  Of course, we would all love to be there in person, but this year we’re all adapting to the current situation to still deliver high quality content, but in a modified platform. For those who aren’t familiar with the AACE, it is one of the most respected organizations on the planet for promoting the cause of best practices in project controls and cost engineering.  They provide a deep wealth of high-quality resources for all areas of project management and project controls to ensure projects are delivered on budget and on time.  If you’ve never attended an AACE conference in the past, this may be an ideal opportunity to try it out, as being virtual, there’s no travel involved and the time commitments can be much more flexible.

 

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31 31, 2019

Should You Align Your CBS with Your WBS?

When it comes to project controls, budgeting and cost tracking, the Cost Breakdown Structure (CBS) plays an integral role in the management of construction projects.  For many organizations, designing a standardized CBS can present a number of challenges as there aren’t a lot of models and standards out there to draw ideas from.  The reality is, you’re kind-of on your own to define how you want to break down your project’s costs into logical buckets for careful management of its finances.  

 

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