Collaborative Projects: The Ultimate Trust Fall Exercise for both Vendors and Owners

Presentation Topic: Collaborative Projects: The Ultimate Trust Fall Exercise for both Vendors and Owners 

Abstract
As the world works to rebound from pandemic-related issues, including an unreliable supply chain and high inflation rates, one can see a trend toward more significant consideration of alternatives to the traditional and often adversarial contracting practices one often sees between owners and vendors on large capital projects. More collaborative agreements and operating models can be found in integrated project delivery (IPD) or project alliancing. Under such models, key delivery partners must work together during a defined preplanning period to develop the project scope, schedule, and budget.

Now more than ever, ensuring the validity and accuracy of the estimates that form ones project baselines need to be a top priority for all parties to ensure the success of these collaborative partnerships. This paper discusses several lessons learned from independent estimate reviews and provides observations and recommendations that take into consideration these earlier engagements and contracting strategies.

Speaker:

          Shoshanna Fraizinger, CCP, FAACE
  Toronto Office and Canadian Regional Lead
           Arup Cost & Risk Advisory Group

Ms. Fraizinger is currently working as the Toronto Office and Canadian Regional Lead for Arup's Cost & Risk Advisory Group. She is a project management and cost engineering leader with over 25 years of progressive experience in the nuclear industries and construction sectors. Shoshanna is a valued member of the AACE Technical Board, Past President of the AACE International Board of Directors, and current president of the AACE Bruce County Section.

Shoshanna holds a Bachelor of Civil Engineering, Structural, from Ryerson University, Toronto, Canada and her experience includes 10+ years supporting recent Mega Refurbishment Projects in Ontario. She is an AACE Certified Cost Professional (CCP) and has been recognized as a Fellow of AACE. She is the primary coauthor for RP 115R-21 Cost Estimate Classification System for the Nuclear Power Industries and is a recognized RP contributor for several others. Shoshanna has also contributed to the US GAO Estimating and Scheduling Assessment Guides. She has presented more than nine technical papers to AACE Conferences; two of them have been selected for publication in the Cost Engineering Journal.

Shoshanna is an active participant in the AACE mentorship program, has developed micro-certificate training content in project management and controls, and is an instructor for the AACE CEP, CCP, PSP, EVP, and PRMP certification prep courses. She has also served as an instructor for the Georgian College Program Management Program.

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