About the Program
This program is part of the Certificate in Complex Project & Procurement Leadership and may be taken as part of the certificate program or on a stand-alone basis. Please visit the main page for the Certificate in Complex Project & Procurement Leadership for more information.
In both government and industry, we regularly have to evaluate cost-benefit analyses before implementing program and procurement projects that are complex and far-reaching. This two-day workshop will help participants become knowledgeable consumers of cost estimates and cost-benefit analyses, with a focus on the C in cost-benefit analysis. In addition, the course will address what it means to be informed, including knowing the strengths and weaknesses of the cost-benefit analysis approach, the role of risk and uncertainty, sensitivity analysis, and knowing the right questions to ask when you are the recipient of a cost-benefit analysis.
Who Should Attend?
Those who review cost benefit analysis, those who are responsible for making decisions that involve resource allocations, and those who are responsible for making decisions that involve policy choices.
What You Will Learn
- The reliability and credibility of your decisions as underpinned by data and analysis
- How cost estimating underpins the decision process in both public and private arenas
- The strengths and weaknesses of a cost-benefit analysis and the associated metrics that are used in these analyses
- An introduction to the discipline of cost estimating
Program Takeaways
- How to answer the ever present questions of "what does it cost?" and "is it worth the cost?”
- The ability to understand and to probe cost-benefit analyses that are brought to you
- The ability to read models produced by Monte Carlo simulations
Program Facilitators
Daniel Nussbaum, Ph.D.
Facilitator
Daniel Nussbaum, Ph.D.
Facilitator
Dan Nussbaum is the Principal for the Energy Academic Group, and provides leadership to various Executive Education programs. He teaches courses in Cost Estimating and Analysis, mentors students throughout their graduate coursework, including their masters theses, and provides Cost Estimating and Business Case Analyses. He designs, develops and delivers distance learning courses in Cost Estimating and Analysis. He is the co-author of a textbook entitled “Cost Estimation: Methods and Tools”, published by John Wiley and Sons.
Prior to this position, he was a Principal at Booz Allen Hamilton, responsible for a broad range of cost, financial and economic analyses, with clients across the government and commercial spectrum.
He has also been the Director, Naval Center for Cost Analysis, and the chief advisor to the Secretary of Navy on all aspects of cost and schedule estimating and control and single Navy point of contact for guiding, directing and strengthening cost estimating and analysis throughout the Department of Navy. He directed all Navy Independent Cost Estimates as required by Congress and senior Defense leadership on ships, aircraft, missiles, electronics, and automated information systems.
His education includes a BA in Mathematics and Economics, Columbia University, Ph.D. in Mathematics, Michigan State University, a Fellowship from National Science Foundation in Econometrics and Operations Research at Washington State University, National Security Management, National Defense University, Employment of Naval Forces, US Naval War College, and Senior Officials in National Security (SONS) Fellowship, Harvard University, Kennedy School of Government.
Michael Lionais
Facilitator
Michael Lionais
Facilitator
Mike Lionais, CPA, CMA, is currently the Executive Director of the Costing Centre of Expertise for the Treasury Board of Canada. He has been an executive with the federal public service for the past six years. Previously, he served in the Canadian Forces for 20 years. Mike has previously developed and delivered several courses in cost analysis. Mike has received several awards for his work in predictive modeling.
Details
- Registration
- Registration Deadline
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Monday, April 21, 2025
- Format
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In-person
- Date
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Cohort 19: April 28-29, 2025
Cohort 20: April 30 - May 1, 2025
- Fee
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$1,800 + HST
Cancellation & Payment Policy
- More Information
-
executiveprograms
@telfer.uOttawa.ca
613-562-5921
Tailored Programs
Our programs and certificates can be delivered to your employees and tailored to fit your organization’s specific requirements.
To discuss your needs, please contact us.
