John Hollmann is the owner of Validation Estimating, LLC. After 10 years in the coal mining industry, he went off in different direction. He now works with capital program senior managers and project leaders to improve practices in cost estimating, project control and cost/schedule risk quantification. John regularly reviews major international project estimates and conducts risk analyses in support of investment decision making. Mr. Hollmann is a frequent speaker at international conferences, has written numerous papers and was lead author of the AACE International text; the Total Cost Management Framework. John is an Honorary Life Member of AACE and recipient of their Award of Merit. He also led the development of the AACE Decision and Risk Management Professional certification. Prior to founding Validation Estimating, Mr. Hollmann led the Cost Engineering Committee metrics and research efforts at Independent Project Analysis, Inc. John is a registered Professional Engineer and, via AACE, a Certified Cost Professional, a Cost Estimating Professional and Decision and Risk Management Professional.