The first of the 2019 masterclasses’ will focus on practical insights in how to minimize risks in estimating the contract price.

Speakers: Peter Rosher Vanessa Thieffry

Event Type: Seminar

Location Name:
Reed Smith's Paris Office, 112 Avenue Kléber, Paris 75116
Start Date/Time:
6 March 2019, 8:00 AM RST
End Date/Time:
6 March 2019, 12:00 PM RST

This seminar will cover:

  • What is a binding cost estimate and what risk it holds :
    • AACE definitions;
    • Accuracy & probability;
    • Contracting Strategy ;
  • Risk often lies in the main project pricing drivers:
    • Execution Strategy;
    • Scope Definition;
    • Quantities and Unit rates ;
    • Productivity;
    • Scheduling
  • Risk allocation in the pricing of projects : meaning / holders / calculation methodology
    • Technical contingencies;
    • Key risks;
    • Funded liabilities

The panel will comprise Loic Valognes – Director at FTI Consulting and Nicolas Noyer – Director at Gardiner & Theobald Fairway; both of whom have extensive experience of estimating - as well as Reed Smith partner Peter Rosher (Paris) and senior associate Vanessa Thieffry (Paris).