Evening Function with President of AACE – Tuesday 26 September 5:30-6pm

Don’t miss James Zack, the current President of AACE International who has kindly agreed to give a presentation on the ongoing efforts of AACE at the International level. Free admission, drinks and nibbles. Tuesday 26 September 2006 5:30 for 6:00pm start. Rigbys Upstairs Bar, 221 St Georges Terrace, Perth. Please RSVP perthchapter@costengineer.org.au.

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Risk Assessment Seminars using @RISK in Perth

Palisade is pleased to host two upcoming risk assessment seminars:

– Intro/Intermediate Risk and Decision Assessment, in Perth 7 & 8 November
- Risk Assessment Training: Oil & Gas Focus, in Perth 9 & 10 November

Both seminars are designed to introduce attendees to the concepts and methods necessary to develop defensible risk assessment decisions under uncertainty.

First, on 7 & 8 November we will offer training on risk and decision assessment for problems facing organisations using @RISK and the DecisionTools Suite software. The seminar starts at an introductory level, and quickly moves through the software’s various features and functionality. After two days, you can gain proficiency in using @RISK for applications such as forecasting, quantifying risk, analysing portfolios, mitigating risk in cost estimates, and more. In short, you will be able to run probabilistic simulations on any Excel spreadsheet you can create, as well as be able to understand and present the results to others.

Second, on 9 & 10 November we will offer training on risk and decision assessment for problems facing the Oil & Gas industry using @RISK and the DecisionTools Suite software. This seminar starts at an introductory level, and quickly moves through advanced techniques using the software’s various features and functionality. After two days, you can gain proficiency in Monte Carlo simulation with @RISK, sensitivity analysis with TopRank, making optimal decisions with RISKOptimizer, and modelling decisions and risk events with PrecisionTree for applications such as modelling exploration activity, project valuations, and cost estimations.

For more information and an outline of the seminar’s topics, go to: http://www.palisade.com.au/seminars/schedule.asp

ACES National Annual General Meeting

Attached is the Notice of the AGM which is being held on Monday 14th November in Perth following on from the Annual Conference. The AGM will include the voting in of a new committee so take the time to consider nominating yourself or others you think might have a contribution to make.

AGM Notice