ASPE Chapter 1 Monthly Seminar

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Historical Cost Tracking: Lessons During Setup and Implementation

Having past project cost history in a standardized format can be a game changer when determining conceptual budgets. However, getting started often seems overwhelming. Kelly Jarman will cover a variety of lessons learned during her involvement in both early efforts to track cost history and the transition to a more widely used digital database. This includes the pros and cons of using GMP versus end-of-project costs, other types of valuable project information that may be desired, thinking about inflation, and how you can use the cost history.

Kelly Jarman, CPE

Kelly Jarman, CPE, is a senior estimator and cost analyst with JE Dunn Construction in Kansas City. She has been with JE Dunn for over 22 years and has been estimating for 20. Kelly has been involved in analyzing historical project costs since early in her estimating career and took over as the company cost historian in 2009. She was a key component in the move from an annual printed book to a digital database of cost history in 2018. Kelly has been a Certified Professional Estimator since 2008 and serves on Heartland Chapter 32’s board of directors.