NEWS
🎉 Recap of the ICPMA conference in New York City 🎉
We would like to thank all participants of the International Construction Project Management Association (ICPMA) Conference, which took place on June 24 and 25, 2024 at the Stevens Institute of Technology in New York City. It was an inspiring event where experts from all over the world were able to exchange ideas and network.
The discussions, moderated by President Prof. Philip Sander and Immediate Past President Christina Stoltz, provided valuable insights into the latest developments in international construction project management. The discussions on challenges and solutions for project management in Germany were particularly enriching.
We congratulate Jörn Koch from Amprion GmbH for their project delivery model “Partnership Progressive Civil Construction Contract (PPCC)” and Amina Karam with S4 from Deutsche Bahn, who were recognized as Award Winners at the ICPMA conference.
We look forward to many more inspiring events and continuing these important discussions next year!
We are delighted to announce that we will be participating in the 5th edition of "Partnership with Construction Practice" on October 24-25, 2024, at the Tech Gate Vienna! We warmly invite you to mark your calendars and join us for this exciting event.
Our Managing Directors, Markus Spiegl and Philip Sander, along with several of our project partners, will be speaking at the event. You can look forward to inspiring presentations from them and other experts:
Daniel Deutschmann / Markus Spiegl: Austria: Experiences, Lessons Learned, and New Alliance Projects
Amina Karam: Partnering for Success – Implementing an Integrated Project Alliance for the S4 Suburban Railway Line in Hamburg
Jörn Koch / Philip Sander: AMPRION Progressive Partnership Contract for Civil Engineering PPT
Carl Philipp Friedinger / Philip Sander: DigiCon: Digital and Transparent Process Management for Innovative Project Delivery Models
Markus Spiegl: Workshop: Calculation of Target Costs and Risk Provisioning with Probabilistic Methods
SAVE THE DATE and be part of it! We look forward to your participation.
Further details about the program, schedule, and speakers can be found here: Event Program.
RiskConsult participates in the Munich Tunnel Construction Symposium
We are excited to announce that the RiskConsult team will be attending the 8th Munich Tunnel Construction Symposium on Friday, July 5, 2024. The event is organized by the Institute for Project Management and Construction at the University of the Bundeswehr Munich, led by Prof. Dr. Philip Sander, in collaboration with the Bavarian Chamber of Civil Engineers.
The symposium provides an excellent platform for exchanging expertise and experiences in the field of tunnel construction. Markus Spiegl, Philip Sander and Andreas Twerdek, along with our esteemed colleagues Hanna Schlaucher and Alexander Altmann, will be present to discuss the latest developments and technologies in tunnel construction.
We look forward to engaging discussions and valuable insights that will help us make our projects even more successful. For more information about the event, please visit here: https://www.bayika.de/de/aktuelles/meldungen/2024-07-05_8-Muenchener-Tunnelbau-Symposium.php
Stay tuned for the outcomes and insights we will bring back from this symposium!
3-Day Lean Workshop in Munich - Collaboration with DB and RiskConsult
We are pleased to share our experience from the recent 3-day Lean Workshop in Munich, held in collaboration with the project teams from 2SBSS VE734 of Deutsche Bahn and RiskConsult.
The workshop was a valuable opportunity to gain new insights and experiences. Throughout the sessions, we focused on optimizing processes and improving efficiency to advance our joint project – Baulos VE734.
The positive outcomes and the collaborative spirit of all participants give us confidence in successfully implementing these new approaches. As part of the Partnership Model Rail, we look forward to putting the developed strategies into practice and continuing our close cooperation with our partners.
Stay tuned for the next steps and developments of our project!
Prof. Sander at the international IPA workshop in Munich
Our managing director, Prof. Sander, discussed innovative methods for optimizing construction projects at the international Integrated Project Delivery (IPA) workshop in Munich. The focus was particularly on Integrated Project Delivery (IPA) and Building Information Modeling (BIM). For more information, please refer to the article:
https://www.stmb.bayern.de/med/aktuell/archiv/2023/231207ipaworkshop/
© StMB
We are looking forward to the fourth edition of the event "Partnerschaft mit Baupraxis" (Partnership with Construction Practice) on October 19 and 20, 2023.
The professional conference is organized by the Österreichische Bautechnik Vereinigung and Heid & Partner Rechtsanwälte (Austrian Construction Association & Heid & Partner Attorneys at Law) and offers an informative program on IPA models in Germany and the Austrian alliance contract.
The event will take place at Tech Gate Vienna with multiple participation of our firm.
On October 19, Markus Spiegl will speak together with Bernhard Braza and Daniel Deutschmann about "Alliance projects Land Vorarlberg - experience from the settlement EKS Tisis and outlook on the award of the alliance project main construction lot Stadttunnel Feldkirch".
On October 19, Wolfgang Holzer will speak together with Johannes Gerhold about Tirol Kliniken - Alliance "Underground car park for women and head clinic" and subsequently lead a workshop on October 20 on the topic of "Implementing alliance contracts in practice".
Further details on the program, times and speakers can be found here: https://www.allianzvertrag.at/Event/Programm
30 Years of Advances in Risk Management for Underground Projects
At the SME and UCA RETC 2023 conference in Boston, John Reilly and Markus Spiegl discussed advances in tunnel risk management. They demonstrated the effectiveness of advanced probabilistic modelling simulation using US mega-projects such as the Alaskan Way Viaduct and the Lake Mead Storage Lake Break-thru. Our Managing Director Markus Spiegl presented the in-house Digital Project Risk Twin (dPRT) and our software RIAAT using a case study from Central Europe.
Results show significant progress in risk management, with improved understanding, guidelines and advanced models. The presentation attracted a lot of interest from the international audience.
REILLY J., SANDER P., LUNDBERG K., WEINBERGER D. : Artikel, RETC Boston, 11.-14.06.2023
REILLY J., SPIEGL M. : Vortrag, RETC Boston, 11.-14.06.2023
8th Austrian Construction Law Forum: Current problems of building contract law and
ÖGEBAU- Discussion Event
On 4 and 5 May 2023, the 8th Austrian Construction Law Forum took place on the topic:
"Current Problems of Construction Contract Law and ÖGEBAU Discussion Event".
The event takes place every two years in Innsbruck and is an important link between construction law practice and legal science.
Our Managing Director Markus Spiegl appreciates not only the valuable insights into the latest developments in construction contract law but also the many personal contacts with industry experts.
This year, the Construction Law Forum was dedicated to the new editions of ÖNORMEN B 2110 and, in particular, the burden of proof in the case of additional cost claims in the light of the latest case law of the Supreme Court.
RETC Boston, June 11-14, 2023
Every two years, industry leaders from around the world gather at the Rapid Excavation and Tunneling Conference (RETC) - the definitive conference for tunneling.
RETC Boston, 11-14 June 2023, is the perfect opportunity to keep up to date with new trends and technologies, innovative concepts, equipment, materials, and management, funding and planning challenges.
This year we will also be present at RETC, showcasing our developments in risk management for large infrastructure projects including our innovative software tool RIAAT, designed to manage and integrate cost, risk and schedule analysis for large construction projects.
A highlight from our perspective of RETC Boston 2023 will be the presentation by RiskConsult.
Managing Director Dr. Markus Spiegl and Project Engineer Kevin Lundberg, together with our partner John Reilly of John Reilly International, will present how risk management for large infrastructure projects has evolved in recent years.
We look forward to the opportunity to share ideas and insights with the professional community.
If you want to know more, follow the attached links:
Homepage for RETC can be found here: https://www.retc.org/index.cfm
Homepage for our software solution RIAAT: https://de.riaatsoftware.com
The Saudi Arabian infrastructure and construction industry is one of the largest in the region, with over $825 billion worth of planned and unawarded projects. The industry has been consistently growing and is expected to continue to grow in line with the kingdom's Vision 2030. The Saudi Construction Excellence Summit (SCES 2023) aims to provide insights into the opportunities in the infrastructure and construction sector in the country and explore emerging trends and innovations. The event will feature expert speakers, panelists, industry leaders, and thought leaders who will focus on various construction technologies, investment opportunities, regulatory frameworks, and case studies that will define the future of construction in the nation.
Under the patronage of H.E Mr. Majed Bin Abdullah Al-Hogail, the Minister of Municipal & Rural Affairs & Housing, the summit will provide a platform for senior industry representatives to share their visions, ideas, and ambitions. Our Managing Director, President of ICPMA, and Head of the Chair of Project Management and Construction Management at the University of the Bundeswehr Munich, Univ.-Prof. Dipl.-Ing. Dr. techn. Philip Sander, has also been invited to speak at this conference, sharing his expertise and insights on the future of construction and project management.
The two-day summit will include case study presentations, interactive panel discussions, and technology-driven workshops led by globally renowned construction experts and technology providers to achieve excellence across the construction sector globally.
More Information about the Saudi Construction Excellence Summit (SCES 2023) here:
On 07.02.2023 another part of the Bau Kolloquium Konstruktiver Ingenieurbau took place at the University of the Bundeswehr Munich UNIBW.
In the course of the lecture series, our managing director Dipl.-Ing. Dr. Markus Spiegl gave a lecture together with Michael Ditandy, MSc from Deutsche Bahn Netz AG on the subject of
"Cost validation of complex tunnel construction projects".
The lecture was held in the extraordinary premises of the UniCasino of the University of the Federal Armed Forces Munich.
The successful event was organized by our other managing director Univ. -Prof. Dipl.-Ing. Dr. Philip Sander, who rounded off the event afterwards with a get-together with drinks and pretzels.
On 19.06-20.06.2023 the IPCMA conference will take place again at the University of the Federal Bundeswehr Munich.
The ICPMA conference focuses on developments, technologies, trends and innovations,
that directly affect the construction sector.
With a variety of technical presentations by experts, an evening event and the annual awards,
the ICPMA Conference will be an event to remember.
The focus will be on the exchange of experts around the globe with similar problems, the development of solutions and a shared vision of the future for the construction sector.
Register for the conference via https://www.icpma.net/conferences/conferences
(Registration available Spring 2023)
ICPMA is a unique global organization that disseminates best practices in construction and project management among its members.
Knowledgeable, globally networked experts are dedicated to improving the delivery of projects.
IPCMA thrives on active members, is run entirely by active volunteers, and continues to grow.
For more information on IPCMA, visit the website: https://www.icpma.net/home
Tunnel opening ceremony "Contract Alliancing" exploratory tunnel Tisis !
On 02.12.2022 there was simultaneously the Barbara- and tunnel-opening ceremony at the 1st Contract Alliancing project in the traffic infrastructure that is under construction.
This is the first alliance contract tendered under the Federal Public Procurement Act 2018, which has gone into execution for an infrastructure project.
Congratulations and all the best to the alliance consisting of the state of Vorarlberg and
the construction companies Jäger Bau GmbH and STRABAG.
Together with the dedicated AG team led by
PL Bernhard Braza and the legal support of Daniel Deutschmann (Heid & Partner Rechtsanwälte) and our team (Markus Spiegl, Dr. Carina Schlabach, Florian Heppenheimer) the alliance model could be brought from the first idea to the start of construction in less than 11 months on the "road".
RiskConsult wishes: Glückauf !
On 20.10.2022 the event series „Partnerschaft mit Baupraxis“
(Partnership with Construction Practice)
of the Österreichische Bautechnik Vereinigung & Heid & Partner Rechtsanwälte
(Austrian Construction Association & Heid & Partner Attorneys at Law) will take place again.
Among the expert speakers and interesting lectures on the topic of alliance contracts,
ECI & sustainability,
Markus Spiegl & Bernhard Braza will present the topic:
"Award procedure alliance contract EKS Tisis and
first practical experiences with project implementation".
Afterwards on 21.10.2022 from 09:00 - 13:30
Workshops will be held on how alliance contracts are implemented in practice.
Markus Spiegl and Kevin Lundberg will present the workshop on:
"Calculation of target costs and risk provisioning with probabilistic methods".
Exploratory tunnel TISIS is implemented with alliance model
The Office of the Vorarlberg Provincial Government employs an incentive-based partnership model (alliance model) for the invitation to tender for the TISIS exploratory tunnel.
As a public contracting authority under the regime of public procurement law, this is only the 2nd pilot project in Austria.
We are proud that this client also relies on our know-how for the implementation of the alliance support.
The legal support is provided by the law firm Heid und Partner - Vienna.
© AdVLR/Planungsgemeinschaft IGT/SZ
“Allianzvertrag”, the future of construction contracts
ARGE in cooperation with Schalbach Consulting is supporting as an alliance consultant the first pilot project for an infrastructure project according to BVergG - specifically the ASFINAG BMG project S31 Burgenland expressway, Talübergänge Sieggraben.
The project is currently in the tendering phase. Legal advice is being provided by Heid und Partner.
This new approach toward construction contracts (alliance contract), targets the focus of the contractual partners on the joint project success on the principle of "best for project". This is achieved primarily through a shared-risk arrangement, in which the majority of risks are shared, and an open-book compensation model, in which both contracting parties share in the success of the project.
The success of this pilot project should serve as proof of concept and pave the way for further projects with a higher degree of complexity in the future.
© ASFINAG
Partnerschaft mit Baupraxis, an öbv event at Tech Gate Vienna
This year the Partnerschaft mit Baupraxis was focused on the alliance contracts, as well as another trend in the (Austrian) construction industry: the topic of "Early Contractor Involvement" (ECI).
In addition to the lectures, workshops were held with a focus on the practical implementation of alliance contracts. These were led by practitioners who have already been involved in the execution of partnership projects.
One of these workshops, titled "Calculation of target costs and risk provisioning using probabilistic methods," was led by our team leader Kevin Lundberg, representing Dr. Markus Spiegl. This took place on Friday, November 12th, 2021, between 9:00 a.m. and 13:30 p.m. at the Tech Gate Vienna.
© ÖBV
Company outing 2021 to Sattelbergalm
For this year’s Fall company outing we decided to go on a hike to the Sattelbergalm. The weather, like the team's spirits, couldn't have been better.
It was a short drive from Innsbruck to the starting point of the hike. We made it up from the parking lot to the Alm in 45 minutes flat, demonstrating the team's fitness. We had lunch at the Alm before heading back down.
The view of the surrounding mountains was fantastic. A construction highlight was the discussion about the Obernberg viaduct (see photo; built approx. 1968; length 477m, 2 pre-tensioned concrete box girders, height approx. 70m, pier spacing 45+55+4*65+55+45) and the adjacent Lueg Bridge on the A13.
As a company, we are also involved in the replacement of the existing Lueg Bridge, and it was interesting to have a conversation with local residents on the question of tunnel or bridge.
Customer base expanded
We are pleased to expand the customer base of our software RIAAT with S-LINK.
The S-LINK project will make Salzburg's transportation fit for the future and create an attractive alternative to individual commuter traffic.
© S-LINK
Company outing 2020 to Brenner Basistunnel
On 08.10.2020 we visited the Italian construction site of the Brenner Base Tunnel.
The possibility to reach the shield of the DS-TBM in construction lot H61 was certainly the highlight of the day. Currently, the best driving performance of a DS-TBM (D 10.65m) is 860m/month.
We would like to thank BBT and in particular construction site coordinator H61 Antonio Voza for the interesting guided tour.
8-lane extension of the A1, northern section, south of the HH-Südost junction (A1/A25) to the north of the Süderelbe junction (A1/A26)
The structure shows various damages and has a very limited service life according to the recalculation carried out in 2016. Due to this condition and the eight-lane expansion according to the Federal Transport Infrastructure Plan 2030, a new replacement structure with an adapted cross-section of this bridge is planned.
In this project workshops will be conducted to identify and analyze the relevant risks. Thereafter, the scheduling impact of the risks is analyzed probabilistically in a construction time model.
https://www.deges.de/projekte/projekt/a-1-achtstreifiger-ausbau-ad-hh-suedost-as-hh-stillhorn/
8-lane widening of the A1, section AD HH-Süderelbe - AS HH-Harburg
In addition to showing considerable damage and the eight-lane widening of the A1 in this section, which is planned according to the Federal Transport Infrastructure Plan 2030, a replacement structure must also be urgently planned for this bridge.
In this project workshops will be conducted to identify and analyze the relevant risks. Thereafter, the scheduling impact of the risks is analyzed probabilistically in a construction time model.
https://www.deges.de/projekte/projekt/a-1-achtstreifiger-ausbau-ad-hh-suedost-as-hh-stillhorn/
Risk analysis and cost assessment for the 2nd main line in Munich
RiskConsult will support the Deutsche Bahn with the roll-out of the major project 2nd main line in Munich . In order to decongest the existing Munich main line, a second main line will be built. Firstly, in the area of risk management, an integrated cost, risk and schedule model (a "RiskTwin") is being set up using probabilistic methods. Secondly, the cost assessment is calculated for individual construction sections of the overall project.
Customer base expanded
We are pleased to expand the customer base of our software RIAAT with ATKINS.
ATKINS is the largest consulting and engineering company in Great Britain with about 20,000 employees and belongs to the SNC-Lavalin Group (CN) with 52,000 employees.
Customer base expanded
We are pleased to welcome GALL ZEIDLER Consultants (USA) in the circle of our RIAAT Software customers.
https://www.gzconsultants.com/
Costumer base expanded
Our RIAAT client base has grown with GrECo. GrECo is a leading insurance broker and consultant focusing on Austria and Eastern Europe with more than 1,000 employees and 57 offices in 16 countries.
GrECO is also a member of the joint consulting association CONEX GROUP. We wish GrECo Risk Engineering GmbH much success in using our software RIAAT.
UCA Excellence Awards 2020
We are very pleased and congratulate our partner John Reilly on receiving the Lifetime Achievement Award for his contributions to the tunnelling industry, his leadership of the Underground Construction Association (UCA) and International Tunneling and Underground Space Association (ITA), and his application of new technologies in cost and risk management during his 56 years in the industry.
You can watch the video presentation of the award for John Reilly (from 2:38 min) by following the link:
Article "TBM procurement, risk, and technology advancement"
We are pleased to refer you to the interesting article on Tunnel Talk by our partner John Reilly: "TBM procurement, risk, and technology advancement", with updated recommendations on procurement, risk, and technology advancement of tunnel boring machines.
Event: "BauwirtschaftsUPDATE"
At the online expert workshop "BauwirtschaftsUPDATE", which will take place on November 29, 2020, our managing director Univ.-Prof. Dr. Philip SANDER will give a lecture on "Risk management as a basis for incentive-based construction contracts". RiskConsult supports this event as sponsor and is looking forward to the workshop.
https://www.uibk.ac.at/events/info/2020/bauwirtschaftsupdate
RiskConsult congratulates!
We are delighted to announce and congratulate our managing director Prof. Philip Sander on his election as Vice President of the Steering Committee of the "International Construction Project Management Association" (ICPMA). The ICPMA is a network of Construction Project Management professionals experienced in working internationally.
Prof. Sander will contribute his years of project management experience in major infrastructure projects in Europe, North and South America to the cooperation of the network.
We wish him all the best in his new position.
Event: "Partnership with building practice"
At the event "Partnership with Construction Practice", which will take place on November 19 and 20, 2020 in Tech Gate Vienna, our managing director Univ.-Prof. Dr. Philip SANDER will give a lecture on "Risk management as the basis for incentive-based construction contracts". In addition, our managing directors Univ.-Prof. Dr. Philip SANDER and Dr. Markus SPIEGL will explain "Calculating target costs and risk prevention using probabilistic methods" in the subsequent workshops.
Risk analysis for the extension of the U5 in Hamburg
A new, approx. 5.8 km long subway line with six stops is planned for the development of the districts Bramfeld, Steilshoop, Barmbek Nord and City Nord (U5 East). After a successful pilot project for the Nordheimstrasse stop, the developed model will be extended to the entire U5 Ost construction program. RiskConsult will use its worldwide experience and instruments from cost and risk management and will provide technical support for the probabilistic risk analysis of the U5 extension.
Risk analysis 2020 for the Brenner Base Tunnel
RiskConsult is pleased that the order has been placed to check and validate the update of the risk analysis of the Brenner Base Tunnel for 2020. Together with SFB-SRL from Rome, RiskConsult will use its global experience and software for cost and risk management and provide technical support for the annual cycle to update the probabilistic risk analysis of BBT-SE.
Risk management for the U6 extension Martinsried in Munich
RiskConsult is pleased that the order has been placed to implement a risk management system together with SFF Ingenieure for the U6 extension project in Martinsried in Munich. The consortium RiskConsult and SSF Ingenieure will contribute their part to a successful project with their worldwide experience and software for cost and risk management.
Risk management for the U2 train station expansion in Vienna
RiskConsult is pleased that the order has been placed to implement a risk management system for the expansion of the train station An den alten Schanzen of the U2 in Vienna.
As part of the expansion of the train station An den alten Schanzen of the U2, RiskConsult supports Wiener Linien with processes and in-house tools and thus makes an important contribution to cost and time planning during the project realization.
RiskConsult congratulates!
We are delighted to announce and congratulate our managing director Dr. Philip Sander on his new appointment as University Professor for construction and project management at the Bundeswehr University Munich.
Prof. Sander took over the leadership of the Institute for Construction Management in October 2019 and brings his years of project management experience in major infrastructure projects in Europe, North and South America into his research and teaching. We wish him all the best in his new position.
https://www.unibw.de/home-en/appointment-of-professors/prof-dr-philip-sander/view
Consulting on the continued development of a corporate risk management system for the BGE
RiskConsult is pleased to announce the cooperation with the German federal company for radioactive waste disposal, the BGE. Within this cooperation RiskConsult will contribute its experience in the field of corporate risk management and project risk management to further develop a corporate risk management system for the BGE.
Read more in the attached article.
New branch - Munich
RiskConsult is pleased to open a new branch office in Munich and to start up further projects. You will find us at Hubertusstraße 10, 85521 Ottobrunn.
Cost and risk management for the Vienna metro intersection U2/U5
We are happy to announce a further cooperation with the Wiener Linien. RiskConsult emerged as the best bidder from the tendering procedure. For the extension of the U2 and the new construction of the U5, RiskConsult will support the Wiener Linien in the implementation and execution of a cost and risk management system.
New branch - Vienna
RiskConsult is pleased to open a new branch office in Vienna and to start up further projects. You will find us at Lehargasse 7, 1060 Vienna.
Contract NAGRA
RiskConsult is pleased to have been commissioned by Nagra. We will develop software to support the calculation of costs and the comparison of variants.
Incentive-Based Project Delivery with Fixed Price Incentive Fee Contracts
SANDER P., SPIEGL, M., REILLY J.: Article and Presentation, RETC Chicago, June 16th-19th 2019
Alternative Incentive-Based Project Delivery
SANDER P., REILLY J., WHYTE D., SPIEGL M.: Poster and Article, WTC Naples, May 7, 2019.
World Tunnel Congress - Naples
Joint workshops of working group 2 and 3 on risk management at the World Tunnel Congress 2019 in Naples, May 6th.
Workshop: An engineering perspective on risk assessment: from theory to practice
There was an interesting exchange of experience at the workshop "An engineering perspective on risk assessment: from theory to practice" for our Managing Director Markus Spiegl at the CERN Research Center in Geneva.
Application Of An Integrated Cost And Schedule Analysis For Complex Tunneling Projects
Our Managing Director Philip Sander will give a lecture on this topic at the conference "Beyond A Tunnel Vision" in Brussels on November 27 2018.
Key processes necessary to identify and manage risks on complex tunneling projects have been developed over the last 20 years to implement risk-based approaches for better cost and schedule estimation. Cost and schedule, however, were mostly treated separately instead of integrating them into one model. This integration is highly relevant as schedule delays are very often the root cause for severe cost overruns. The presentation shows a fully-integrated probabilistic cost and schedule model that provides a basis for further analysis (e.g. what if) on a management level. The application is based on combination of practice-proved approaches to add a powerful tool for the management of complex risk environments.
For more information please visit:
ICPMA Yearbook 2018
After the International Construction Project Management Association (ICPMA) presented Lima Airport Partner and RiskConsult with the "IQ Award" at the beginning of the year for their joint project to expand Lima International Airport - the corresponding article can be found in the ICPMA Yearbook 2018.
Company Outing
On September 21 2018 our team undertook an autumn hike to the Autenalm in the Stubaital in wonderful weather!
CEVP-RIAAT Process - Application of an Integrated Cost and Schedule Analysis
SANDER P., REILLY, J., ENTACHER M.: Article and presentation, North American Tunneling Conference, Marroitt Hotel, Washington D.C., June 25, 2018
RiskConsult and ADP receive "IQ Award"
In collaboration with the ADP team, RiskConsult brought home an "IQ Award" distinction for the Lima Airport Development Program in Peru.
The “IQ Award” is given to those projects that have used innovation and new techniques or platforms to drive better quality in the delivery of projects to help future generations. The award was presented at the award dinner on June 4th, 2018 at this year's conference in London's National Theatre.
WTC 2018
At this year's World Tunnel Congress our company was again part of the program.
Our Managing Director Markus Spiegl gave a presentation on "Risk-Based Integrated Cost and Schedule Analysis for Major Infrastructure Projects".
Prior to this, our Managing Director Philip Sander, Senior Expert Martin Entacher and our esteemed colleague John Reilly wrote a paper on this topic.
Date and venue: 28. November 2017, Residence Inn Arlington Capital View, Washington DC
Lecturer: Philip Sander
Topic: Risk-Based Integrated Cost and Schedule Analysis
Key processes necessary to identify and manage risks on complex projects have been developed over the last 20 years to implement risk-based approaches for better cost and schedule estimation. Cost and schedule, however, were mostly treated separately instead of integrating them into one model. This integration is highly relevant as schedule delays are very often the root cause for severe cost overruns. The presentation therefore presents a fully-integrated probabilistic cost and schedule model to add a powerful tool for the management of complex risk environments.
Date and venue: 24. November 2017, Hotel Sofitel am Kurfürstendamm, Berlin
Lecturer: Philip Sander
Topic: Integrated Cost and Schedule Analysis - Application on Intentional Megaprojects
Risk-Based Integrated Cost and Schedule Analysis for Infrastructure Projects
SANDER P., ENTACHER M., REILLY J., BRADY J.: Article, Tunnel Business Magazine, August 2017, P. 43-37, 2017
Remise Brigittenau - pilot project to introduce cost- and risk management processes
RiskConsult is conducting the project "Remisen 2.0" in cooperation with Wiener Linien GmbH & Co KG, in which we introduce systematic cost- and risk management processes.
Risk analysis at the Lima airport expansion
In the course of the airport expansion at the Lima International Airport, the CEVP-RIAAT process, which was developed in cooperation with John Reilly, is successfully applied to base cost validation and risk analysis.
FH-Campus Vienna uses RIAAT for training purposes
The Vienna Institute for Safety and Systems Engineering at FH Campus uses the software-tool RIAAT to train industry partners and students and to demonstrate the implementation of RAMS analysis (Reliability, Availability, Maintainability and Safety).