Spire’s Akshaya Iyer Presented at AACE Houston Gulf Coast Section’s 2018 Project Controls Symposium
SPIRE’S AKSHAYA IYER PRESENTED AT AACE HOUSTON GULF COAST SECTION’S
2018 PROJECT CONTROLS SYMPOSIUM
Spire Associate Consultant, Akshaya Iyer, presented at the Project Controls Symposium hosted by AACE International (AACE) Houston Gulf Coast Section on November 2, 2018. Ms. Iyer’s session titled Discrete Analysis Method of Quantifying Damages: Challenges and Lessons Learned, provided an in-depth understanding of the discrete analysis method of quantifying damages and why it is important for owners and contractors to have well-maintained project documentation in case a dispute arises. She also gave owners and contractors specific recommendations on how to avoid a dispute, as well as how to best position themselves if found in a dispute resolution situation that involves quantification of damages. In addition to describing the discrete analysis method, Ms. Iyer outlined commonly-required project documentation and the importance of maintaining a detailed cost tracking system for both the owner and contractor. Ms. Iyer’s presentation also included a case study in which the discrete analysis method was performed to quantify damages for a multi-million dollar residential development, along with the challenges and lessons learned during the process.
Ms. Akshaya Iyer holds an advanced scheduling certification in Primavera P6 Professional, has held the national Graduate International Team Lead position in the Society of Women Engineers (SWE) and currently serves as the Treasurer of the SWE Austin section. In her role at Spire, she assists owners and contractors with executing a project on time and under budget, conducts constructability reviews and develops baseline schedules for clients in both the private and government sectors. Ms. Iyer also periodically updates schedules, performs time impact analyses (TIA) and reports monthly progress on cost-loaded schedules per USACE requirements, and assists clients during complex construction disputes by conducting contract reviews, performing forensic schedule analysis, analyzing specific issues for causation, quantifying damages and drafting sections of reports.
AACE Houston Gulf Coast Section’s annual Project Controls Symposium provides a comprehensive forum that allows capital program organizations, academia, contractors, consultants, and technology professionals to discuss and leverage AACE’s technical materials and recommended practices as it relates to project controls (i.e. budget, cost, schedules, etc.). All topics aim to address the unique challenges in delivering capital and operational projects and programs. Each year, the net proceeds from the event are given to AACE’s Educational Endowment Fund to facilitate future growth in AACE and project controls.