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Forensic Schedule Analysis on Risk Adjusted Schedules (CCL550L)

(*) Single User Price. For multiple users please call 1-844-384-4744
Pre Recorded Webinar
90 minutes
Event Description
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Get a Theoretical Model on How to Perform Delay Analysis on Projects Where Updates and Baselines were to be Adjusted for Risk.

An all time increase in cost and time pressure from the owner's side has made it quite likely for risk-adjusted schedules to expand much more than their current usage, and this has become much more common in the area of infrastructure and building construction.

The risk-adjusted CPM schedules firstly use the computer modeling so as to analyze the likely activity duration fluctuations that happen due to various risks and uncertainties. Next, they analyze what effect the variation on schedules has, when different chains of activities are provided with different durations as well as the amount of float changes. As a result, you find a schedule which contains a series of potential critical paths that have varying degrees of livelihood, rather than having a sub-critical paths and single critical path. However, Forensic Schedule analysis is predicated so as to identify the 'single' contemporaneous critical path, which is often known as zero float path.

Now the question is what is to happen if CPM schedule series is risk-adjusted so that the float remains variable and more activities paths get critical importance? This session by expert speaker John Livengood will talk about a theoretical model which will help perform a delay analysis on projects where all updates and the initial baselines were to be adjusted for risk.

This session will also talk about:

  • The critical requirements needed for Windows methodologies and TIAs
  • Learn why the collapsed -as-built is seldom the right solution
  • How you can use the Daily Delay Measure
  • As-planned As-Built is a perfect delay methodology till now: why?
  • The process in which Contemporaneous Understanding of Criticality generally influences your analysis

Session Highlights:

  • Understand schedule risk analysis and its basics
  • Know why a Qualitative Risk Analysis  is important
  • Learn why there are no critical paths through risk adjusted schedules
  • Understand how traditional forensic methodologies fail to consider Risk
  • Learn which methodologies consider risk adjusted schedules best

Who Should Attend

  • Delay experts wanting to improve their product
  • Project Managers running projects with delays
  • Schedulers trying to understand risk adjusted schedules
  • Owners considering implementing QRAs
  • Professionals interested in which FSA methodology is appropriate
About Our Speaker(s)

John Livengood | Construction Claims Analysis SpeakerJohn Livengood
John Livengood is a Managing Director with Navigant's Global Construction Practice and  has 40 years of experience in construction, design, delay analysis and litigation support. John's areas of expertize include: construction, construction management, government contracts, litigation support, mediation, arbitration, ... More info


Patrick M. Kelly | Forensic Schedule Analysis SpeakerPatrick M. Kelly
Patrick Kelly is an Associate Director in the Global Construction Practice. He provides services in construction management, contracting, project controls, scheduling, Earned Value analysis, Forensic Schedule Analysis for delay and disruption, and Claims & Disputes Resolution. He has extensive experience in transporta... More info

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    Event Title: Forensic Schedule Analysis on Risk Adjusted Schedules
    Presenter(s): John Livengood, Patrick M. Kelly

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