Presenter(s):
John K. Hollmann, PE CCP CEP DRMP FAACE Hon.
Life
Host:
Ken Cressman, EVP, CCP
About this Draft Recommended
Practice:
RP 41R-08, formerly Range Estimating, has been
rescoped. It is now titled "Understanding Estimate Ranging".
The revised RP defines estimate ranging as a general class of
QRA practices with multiple variants (including Range
Estimating). The RP purpose is to describe the general method,
typical variations and typical use cases. The RP also
highlights estimate ranging's significant use limitations in
regards to meeting general QRA principles (i.e., RP
40R-08).
This draft RP is open for review and comment
until December 4, 2021 on the AACE Communities, at the
following link.
About Recommended Practices Public
Review
AACE welcomes public review, comment, and
dialog for recommended practices (RP) that are under
development. The public review utilizes the knowledge of
subject matter experts that have specific industry experience
and perspective in order to help strengthen RP quality. The
public review period for RP’s is 45 days and all input must be
provided during that time period. All comments on RP’s are
considered public and open records; therefore, by providing
input on RP’s, you are giving consent for the use of your
comments and suggestions. All comments shall be professional
and in alignment with established industry practices. Please
tell your colleagues about this open review period and
encourage them to provide their feedback on an industry wide
document.
About AACE Recommended
Practices:
The AACE International Recommended Practices
(RPs) are a series of documents that contain valuable reference
information that has been subject to a rigorous review process
and recommended for use by the Technical Board. RPs are
intended to be the main technical foundation of AACE
educational, and certification products and services. All RPs
are available to AACE members free of charge and can be
accessed at the following
link.
The webinar is free for members and
nonmembers, but registration is required.
This webinar is not eligible for
CEUs.
NOTE: The webinar is free, but registration is
required. You will need to create an AACE International account
prior to registering if you do not already have one.
Click
here to create an AACE account.
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