Fred Biery is a Subject Matter Expert with Asset Performance Networks, specializing in capital projects. He possesses over 30 years of experience in cost and risk analysis. In his current role, Fred works with the Research, Benchmarking, and Predictive Analytics group on the development and continuous refinement of AP-Networks’ Advanced Benchmarking Methodology (ABM), a scope-based process for benchmarking capital projects using innovative statistical techniques.
Prior to joining AP-Networks, Fred had taken early retirement from Industry. Before his retirement, Fred was the Manager of the Mining, Minerals, and Metals business area at Independent Project Analysis. In this role, he worked to improve the capital effectiveness of Industry through the benchmarking and identification of best practices for improving capital project cost, schedule, and performance results. He performed capital project risk analyses and project evaluations to support project funding decisions by major companies. He also identified strategies and practices to increase the chances of on-time and on-budget project performance, and he supported the redesign and improvement efforts of clients upgrading their project delivery processes, stage-gate methods, and capital governance systems.
Prior to his time at IPA, Fred was Director of Management Science at TASC (now Engility), a systems engineering contractor. Over the course of 15 years at TASC, he managed a cost analysis, risk analysis, and operations research group that provided analytic support to air traffic, defense, and other government clients. In this role, Fred led cost estimates, third-party estimate reviews, schedule estimate reviews, and risk analyses.
Fred has presented at numerous conferences, including AACE International annual meetings, American Economic Association annual meetings, and the Northwest Construction Consumers Council, among others. He has published works on the cost estimating profession and risk analysis in AACE International’s Cost Engineering Journal, the Journal of Cost Analysis & Parametrics, and the Journal of Policy Analysis and Management.
Fred holds a bachelor’s degree in Economics from American University in Washington, DC, and a master’s degree in Business Administration from The Wharton School at the University of Pennsylvania.