with NSW determinative committee
Thursday 8 December 2022 | 5.30pm – 7.30pm AEDT | Piper Alderman, Sydney
You are invited to come and celebrate the end of the year with colleagues and friends, old and new. We hope you will take this opportunity to reflect on the achievements made during 2022 and hear plans for 2023.
Here is what the event will cover
The ongoing development and introduction of AI models is increasing here in Australia although we are a long way behind a lot of other countries. The objective of this presentation is to provide a clear understanding of what AI really is and what the benefits are to start utilising the right model. This presentation will provide a level of detail as to how the AI model will assist the Contract parties and the legal firms.
Disputes in the construction/infrastructure industry are currently running at 70% on projects, with cost overruns averaging 25%, subject to the value of the project. On government projects this is tax-payers money.
There needs to be a better way to foresee risks on projects before they encounter them using the right technologies that integrate and collaborate in a way to identify and assist in mitigating the risks rather than responding to them once they are an issue.
A majority of the risks arise as a result of the lack of understanding and management of contract - Interpretation vs. Expectation.
The ongoing development of the integrated technology, in particular an AI model, which becomes a decision maker, will allow the client and contractors to better establish clear strategic objectives and outlooks for the projects they are undertaking and provide a better way to eliminate the risks at the right time.
About the presenter
Lee Price
Leading large and multi-faceted teams under different types of contracting models are at the forefront of Lee’s skill set. This includes leading the development of a program of works though to final business case approval, developing and implementing effective governance processes, facilitating opportunities to engage and collaborate with external stakeholders to develop joint solutions, as well as championing the program’s vision and strategy while ensuring and preserving a culture of confidence and trust. Lee is an accredited mediator which enables him to better service the projects he oversees and is a member of the Resolution Institute. He is also a member of the Risk Management Institute of Australia. Lee has completed a Masters in Engineering Management and a Masters in Dispute Resolution
Verren Lo
A data scientist at Stact Tech. Experienced in building machine learning and deep learning predictive models to assist businesses in different sectors. During her university experience, she has done a couple of different projects, ranging from natural language processing task to image classification task. She has also put her knowledge into practice by becoming an intern as a Data Analyst in the banking industry and a Data Scientist in the IT services and healthcare industries. Verren has completed a Bachelor of Science in IT, majoring in Data Analytics at UTS.
Gabriel
5th year data engineering student at UTS majoring in AI and Data Analytics. Has a passion for designing, creating and enhancing AI models that assist businesses in all areas. He has worked on a number of projects throughout university, working with the faculty of engineering and Ericsson, an industry leader in telecommunications. His technical skills are specialised in following all stages of the machine learning process (design, implement, test, refine and deploy), natural language processing, creating efficient machine learning pipelines & data extraction and analytics.
This event is FREE for all our members and non members.