Hulett & Associates, LLC posts recent events involving Dr. Hulett. We appreciate your comments, sent to email@example.com.
Released July 25, 2020
Identifying the most probable Cost-Schedule Values from a Joint Confidence Level (JCL) Risk Analysis
David Hulett and Sam Steiman have just published their article “Identifying the most probable Cost-Schedule Values from a Joint Confidence Level (JCL) Risk Analysis” in the July/August 2020 edition of the peer-reviewed Cost Engineering Journal of the Association for the Advancement of Cost Engineering (AACE) International.
Released May 16, 2020
Hulett & Associates Major Engagements 2019 – 2020
In June 2019 David Hulett performed a schedule risk analysis for Pfizer Corporation in Rocky Mount, North Carolina on the renewal of one of the largest sterile injectable production facilities in the world.
In July 2019 David Hulett traveled to Jubail, Saudi Arabia in July to conduct a schedule risk analysis for Saudi Aramco on the Berri Oil and Gas Field offshore drilling / production island construction project. The contractor, China Harbour Engineering, provided the schedule and the risk were captured with interviews with China Harbour and Saudi Aramco.
In August 2019 David Hulett was in Washington DC for the Phase II integrated cost-schedule risk analysis of the Cannon House Office Building Renewal Project, for the Architect of the Capitol. This is the third time we have participated in this 10-year multi-phase project. We teamed with McDonough Bolyard Peck.
Later in 2019 Keith Hornbacher, Senior Associate and Kristin Hauser, Associate conducted an integrated cost and schedule risk analysis for NAVFAC, the US Naval Facilities Engineering Command on a project involving construction on the Marine Corps Air Station Yuma.
Later in 2019 and continuing in 2020 David Hulett has been involved in cost and schedule risk analysis of a claim made on a large LNG project. He is being assisted by Waylon Whitehead, Senior Associate with many years of risk analysis on LNG projects. They are doing this project as a Cost and Schedule Risk Analysis Partner of Long International.
In 2020 Keith Hornbacher, Senior Associate and Kristin Hauser, Associate finished an integrated cost and schedule risk analysis for INEOS, an oil company in Denmark on an offshore North Sea project. It was made more difficult by the corona virus pandemic that kept Keith and Kristin in their home office communicating over Skype.
Released May 16, 2020
Hulett – Webinar for the Project Management College of Scheduling, June 10, 2020
David Hulett to conduct a webinar featuring his Project Schedule Risk Analysis Maturity Model presentation to the Project Management College of Scheduling on June 10, 2020. Contact the sponsors at https://pmcos.org.
Released May 16, 2020
Hulett–Trumper Presentation to AACE International Virtual Conference July 3, 2020
David Hulett and Michael Trumper of Intaver Institute (makers of Risky Project risk simulation software) gave a presentation titled “Conditional Branching Models how Project Managers Typically React to Schedule Overruns” to the 2020 AACE International conference. This virtual presentation was given Friday July 3 am U. S. Eastern time.
The presentation highlights the conditional branching capability of Risky Project software to allow the simulation to implement different logic based on the occurrence of a schedule event in every iteration. The conditional branching method allows the conscious decision to incorporate changes in the plan based on schedule risk results. It differs from probabilistic branching where an alternative path is selected at random.
The Link to the Risky Project Software: http://intaver.com/products/riskyproject-professional/.
Released March 8, 2019
Journey Map to a More Mature Schedule Risk Analysis (SRA) Process, by Dr. Hulett
Hulett’s article on Journey Map to a More Mature Schedule Risk Analysis (SRA) Process, has been published by AACE International in the Cost Engineering Journal for March/April 2019
Released February 8, 2019
Dr. Hulett Presents at AACE International in New Orleans
David Hulett is scheduled to give two presentations at the 2019 AACE International Conference and Expo in New Orleans June 16 – 19, 2019. They are:
- Cost and Schedule Risks Interact in Megaprojects, joint presentation with Waylon Whitehead
- Identifying the Most Probable Cost – Schedule Values from a Joint Confidence Level (JCL) Risk Analysis, joint presentation with Sam Steiman
Hope to see you there..
Released February 8, 2019
Hulett and Nosbisch presented their joint paper at two conferences in January
Dr. Hulett gave a joint paper entitled “Integrated Cost/Schedule Risk Analysis Using Monte Carlo Simulation of a CPM Model” with Mike Nosbisch at the Construction CPM Conference in San Diego on January 22, 2019 and again at the Western Council of Construction Consumers Summit in Los Angeles on January 30, 2019.
Released January 22, 2019
A new Collaboration between Hulett & Associates and Safran Software is announced to jointly deliver improved risk maturity to all sectors
Hulett & Associates and Safran Software are pleased to announce the formation of their collaborative partnership aimed at delivering the very latest in cost and schedule risk management skills and supporting software. This combination of deep experience and the very latest software captures and delivers current Best Practices and Techniques to risk mediation and control for any complex project. As a direct result of this collaboration a new self-assessment tool is also announced that allows organization to assess the maturity of its own risk culture. Based on the experience of David Hulett and his associates, this maturity index can then be used to improve the use of risk analytics in planning and delivering major projects and to increase the investment in the organization’s risk culture and process. The benefits of such a change can easily be understood by corporate stakeholders. To use this tool please visit link, or to see the background to this maturity index please download the White Paper written by David here.
Hulett & Associates, LLC is based in Los Angeles and is managed by Dr. David Hulett. David enjoys an international reputation as having authored two well-received books that on schedule risk and integrated cost-schedule risk analysis. He has written Standards and Recommended Practices published by The Project Management Institute (PMI) and the Association for the Advancement of Cost Engineering International (AACE International). His clients include government agencies and companies in oil and gas, aerospace and defense, construction, pharmaceutical plant construction and transportation. His practice is in North and South America, Europe, and Asia. He has contributed new analytical developments to some of the well-recognized modern Monte Carlo simulation tools including Safran Risk.
Safran Software Solutions has been publishing project controls software applications for over twenty years. Many of the world’s most complex and asset intensive projects rely on software from Safran to plan and deliver to budget and to schedule. Based in Norway, Safran operates globally through local offices and partners, and with a particular focus on risk management Safran is a world leader in this space.
Richard Wood, CEO of Safran: "A collaboration between David Hulett and Safran is a perfect combination – two of the world’s leaders in the setting and delivery of Risk practices to all asset intensive industrial sectors."
David Hulett: "I feel this to be a long overdue collaboration and a formidable team, ready to leverage all our join experience in the service of our global customers."
Released January 15, 2019
Pleased to Announce the Collaboration between Hulett & Associates and Saybrook Associates
Saybrook Associates and Hulett & Associates are pleased to announce the formation of their collaborative partnership in their practice of RISK IDENTIFICATION, ASSESSMENT, and MITIGATION.
This combination of skills and strengths, along with the cooperative deployment of Best Practices and Techniques, provides our clients with the highest possible level of capability in identifying and managing or mitigating threats to their Investments and expected Successful Outcomes in their Program/Project Initiatives.
Hulett & Associates, LLC is based in Los Angeles and is managed by Dr. David Hulett. David enjoys an international reputation as having authored several books that are considered as ‘The Bibles’ and written Standards and Recommended Practices that have been both embraced and encouraged by The Project Management Institute (PMI) and the Association for the Advancement of Cost Engineering International (AACE International). David is most predominately noted as a practitioner and leader in the field of Risk Assessment, Management, and Mitigation. His clients include government agencies and companies in oil and gas, aerospace and defense, construction, pharmaceutical development and plant construction and transportation. His practice is in North and South America, Europe, and Asia. He has contributed new analytical developments to some modern Monte Carlo simulation tools.
Saybrook Associates Inc. is a Program/Project Management and Project Controls consulting practice based in the New Haven, CT region with offices across the USA, and provides its capabilities internationally. By deployment of Best Practices and Methodologies it enables Projects to achieve successful outcomes. Saybrook’s ‘Full Project Phases/Life Cycle Focus’ involvement in control and management of Projects and Project processes has given them the capability to not only Identify and Assess Risks – but to also employ Qualitative processes that are ‘Risk preventive’ and enable and effect Quantitative processes that optimize the time and cost investments with which to mitigate assessed risks.
Hulett and Saybrook - we feel to be a ‘perfect pairing’, a formidable team, and eager to help! Please contact or visit either of our organizations or websites to discuss our capabilities and learn how we might be deployed in your behalf.