Maximize the value of your equipment assets by attending the CEMP course

Construction Equipment Management Program (CEMP) is an intense, four-day course on maximizing your equipment owning and operating costs, presented by fleet management experts Mike Vorster and Andy Agoos. From September 20, 2010 through September 23, 2010, at Georgia Tech in Atlanta, Mike and Andy will dive into a proven program of tools, techniques and applications designed for immediate implementation in the real world. Content is structured to take what you already know and bring it to the next level. Course material is focused on organizing your business to maximize the value of your equipment assets. Graduates of the course consider it a significant competitive advantage. Participants will learn how to: make internal rental rates work and maintain alignment within the company; estimate owning and operating costs throughout the lifecycle; define economic life and develop a long term fleet replacement strategy; measure the impact of equipment related transactions on working capital and the debt equity ratio; manage and measure the performance of maintenance and repair operations; define and implement maintenance procedures that extend component life and lower cost.

Attendees from the most recent course held this past January are quoted below.

Dennis Miller, Vice President of Operations for E.V. Miller

“The depth of the real life experience as well as academic knowledge of the instructors, combined with their enthusiasm for the subject matter kept the sessions moving quickly as well as being highly informative and consistent with the needs of our business.”

Verlon Moore, Senior Equipment Asset Management Analyst, Zachry Construction

“Analyzing repair information using the Mitchell Curves has improved my ability to forecast repairs, evaluate economic life and plan capital expenditures.”

Dave Venrick, Equipment Manager, Kiewit Construction

“We were able to implement equipment replacement schedules (buy what you burn), component replacement schedules, tire management, owning & operating costs (and knowing the difference between the two). What did we improve? Extended machine useful life, extended component replacements, extended oil drain intervals, tire cost improvements. By understanding our costs, it enables us to better control our costs and manage our assets, which in turn leads to a better return on investment.”

The presenters are recognized experts in this field.

Mike Vorster is the David H Burrows Professor Emeritus at Virginia Tech where he has taught in the Construction Engineering and Management Program since 1986. His teaching and research interests focus on construction equipment, estimating, cost engineering, and contract dispute resolution. He has a global consulting business and is the academic advisor to the Association of Construction Equipment Managers (ACEM). Mr. Vorster is the author of Construction Equipment Economics as well as the creator of the CEMP course.

Andrew (Andy) Agoos has spent over 45 years in the equipment, service, and maintenance side of heavy

construction. Mr. Agoos is currently president and principal of Agoos Consulting headquartered in Orlando, Florida and an adjunct professor in the University of Central Florida civil engineering department. Mr. Agoos is a former president of the ACEM and is a current officer of the Florida chapter of the Association of Equipment Management Professionals (AEMP).

For more information, visit www.cempcentral.com and search products, Construction Equipment Management Program or contact Mary Duncan at maryd@cempcentral.com

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