Larry Dysert
Owner, Conquest Consulting Group
Cost Estimating Thought Leader
United States
About
Larry R. Dysert is an engaging and highly sought-after speaker and author renowned for his expertise in cost estimating and related cost engineering topics. With over four decades of professional experience, Mr. Dysert possesses a wealth of knowledge in cost estimating, project management, consultancy, and training across a wide array of industries.
His remarkable insight and practical experience enhance the passion that he demonstrates in his speaking engagements and professional endeavors.
As a recognized expert in project estimating, Mr. Dysert excels in guiding projects from their conceptual stages to detailed execution. He has a deep understanding of cost engineering, project cost/schedule control, contract management, risk management, project benchmarking, and dispute resolution.
At the helm of Conquest Consulting Group as its Managing Partner, Mr. Dysert offers consulting services tailored to process industry owners, empowering them to maximize the value of their capital investments. Additionally, he serves as a Principal at Long International, lending his expertise as an expert witness in support of construction dispute resolution.
Mr. Dysert’s vast industry experience spans diverse sectors, including refining, chemicals, petrochemicals, oil sands, synfuels, LNG, gas plants, pipelines, power, mining, manufacturing, photochemical, film sensitizing, semiconductor, food products, and similar industrial facilities. He has contributed his expertise to major construction projects worldwide, in locations such as the United States, Canada, Brazil, Chile, Venezuela, the United Kingdom, France, Germany, Saudi Arabia, Australia, and Indonesia.
Mr. Dysert is an active and esteemed member of AACE International, where he has held positions as a past vice president and chair of AACE’s Technical Board. His contributions to the organization have earned him the distinction of being a Fellow of AACE International, as well as receiving prestigious awards such as AACE’s Total Cost Management Award and the AACE Award of Merit.
In recognition of his profound impact on the field, he has also been granted Honorary Lifetime Membership. Notably, Mr. Dysert chaired the task force responsible for the development of AACE’s Certified Estimating Professional Program.
Moreover, his influence in the field extends to his role as the author of chapters in the AACE Total Cost Management Framework and the Skills and Knowledge of Cost Engineering. He has also taken the lead in developing fourteen AACE International Recommended Practices and has contributed to over 30 additional recommended practices, cementing his legacy as a leading figure in the world of cost estimating and engineering.
To connect with Larry, please check his LinkedIn profile.
Title & Abstract
Cost Estimating Best Practices To Enhance Decision Making
Economic evaluation forms the cornerstone of most project authorization decisions, a fundamental principle that holds true even for projects driven by necessity rather than profitability. In such cases, the role of economics remains pivotal in evaluating and distinguishing between competing options.
At the core of this evaluative process lies the meticulous preparation of an all-encompassing and dependable cost estimate.
A well-constructed cost estimate serves as the foundation for assessing a project’s financial feasibility, offering multifaceted support for a wide range of project-related decisions. Its value transcends mere numbers, extending to diverse functions such as supporting comparative analyses of alternative courses of action, facilitating fiscal budgeting, aiding in resource allocation, promoting transparent stakeholder communication, proactively managing risk, and ensuring alignment with overarching strategic objectives.
The preparation of thorough and reliable project cost estimates is not just a best practice but an imperative to maximize investment performance. It provides the necessary foundation for making well-informed decisions. In this presentation, we will illuminate exemplary practices in cost estimation, ultimately equipping decision-makers with the insights required for informed, strategic judgments.”
Expected takeaways for attendees:
Participants will gain invaluable insights into the fundamental principles and practices that enhance the cost-estimating process, empowering it to play a pivotal role in informed project decision-making. Starting with the assurance of comprehensive scope documentation and delving into the nuanced concepts of estimate accuracy and confidence levels, attendees will be equipped with practical knowledge and techniques to elevate the quality of their capital project decisions.
Presentation Category: Cost Estimating
Competency Level: Intermediate