C+S ENGINEER ONLINE
KEEP YOUR PROJECT COVERED WITH CLEARSPAN STRUCTURES
Civil + Structural Engineer provides news and articles online to supplement content in this print issue. Visit csengineermag.com daily for the latest news and check out the following articles posted online with the August 2018 issue:
Enterprise Risk Management in Infrastructure—Part 3
SATISFIES PURCHASING REQUIREMENTS
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SATISFIES PURCHASING REQUIREMENTS
By John Brown Miller, Ph.D.
F or nearly 40 years c lear s pan F aBrIc s tructures has been covering engineers with dependable structural solutions. I ndustry -l eadIng W arrantIes - ClearSpan structures are built to last. With triple-galvanized steel frames and durable covers, they can withstand corrosive environments and will compliment your business for decades to come. c ost -e FFectIve B uIldIng s olutIons - Drastically reduce construction costs, monthly utilities and maintenance requirements, with a structure that is superior in quality.
The third part in this three-part series on the emergence of enterprise risk management (ERM) in infrastructure describes a prototype application of the ERM methodology built by the author in Microsoft Excel. The prototype illustrates how ERM logic is used to build a straightforward Excel spreadsheet to apply modern asset management principles to public infrastructure networks. This logic applies to the local, regional, or state levels. ERM offers an outcomes-based approach to jointly manage capital and maintenance risks. ERM is linear, from bottom to top. Each piece stacks on top of the piece below it, unifying decision-making from the smallest activity to the network level. One set of Mission Targets, Likelihood, and Consequence goals are applied from the bottom to the top of the network. Yet, the flexibility of scenario analysis allows each element to be adjusted, at any level, at any time.
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Read the entire article at http://tinyurl.com/erm-aug18.
Project Profitability: If it isn’t broken, don’t fix it
By Howard Birnberg, Association for Project Managers
“If it isn’t broken, don’t fix it.” — This trite cliché is often used as a justification for inaction by firm management. Unfortunately, it is total nonsense. If we lived and worked in an unchanging world, there might be some logic to the concept; however, our world is very dynamic. The construction industry in particular is subject to the constant winds of change, such as building and office technology, regulations and codes, society, the marketplace, project financing and delivery, and the economics of running a business.
TSC
Bernie Siben, CPSM Austin, Texas 559-901-9596 siben@sibenconsult.com www.sibenconsult.com
Read the entire article at http://tinyurl.com/projectprofit-aug18.
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august 2018
csengineermag.com
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