AACE American Society of Cost Engineers: Empowering global projects to achieve delivery excellence

2024/11/29 16:08

About AACE


AACE

The American Association of Cost Engineers (AACE International) was founded in 1956 and is committed to promoting the development of the key field of "cost engineering." Through cooperation with its certification agencies, AACE serves more than 10,000 members in more than 100 countries around the world, providing them with professional support and skills certification, bringing together industry experts and experts in cost estimation, project control, decision management and other professional directions. leader.

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01Mission and Vision

AACE's mission is to help members advance projects with optimal time and cost control and ensure that projects achieve investment and operational goals. The association is committed to empowering members and providing them with technical tools and knowledge support to ensure the successful delivery of projects. As a thought leader in the global cost engineering field, AACE's vision is to become one of the platforms of choice for industry professionals to communicate and share knowledge, providing a steady stream of impetus for successful project delivery.


02Professional areas covered

AACE brings together experts in professional fields such as project control, cost and commercial management, change management, plan and schedule management, estimating, decision-making and risk management, asset management and dispute resolution. They come from industries such as construction, manufacturing, engineering, infrastructure, natural resources, power generation and utilities, and government, bringing innovative thinking and practical experience to the global engineering field. Whether they are owners, contractors or consultants, AACE members play a key role in their respective projects and fields.


03What is "cost engineering"

AACE defines "cost engineering" as follows: Cost engineering is the use of scientific principles and techniques to estimate projects, and is suitable for cost control, business planning and scientific management, profit analysis, project management and planning. In short, it is the top priority in the management of the entire life cycle of any business activity. AACE 11R-88 Required Skills and Knowledge of Cost Engineering provides a detailed introduction to the basic knowledge of cost engineering.


04AACE publications: a solid backing of industry standards

In order to help members continuously improve their professional knowledge and industry skills, AACE has published a large number of publications covering all aspects of cost engineering and project management. These publications provide cost engineers, project managers and other professionals with efficient, reliable knowledge and practical guidance. In this regard, we have compiled a relatively complete list of AACE publications to facilitate everyone to quickly find the resources they need.


Schedule


Standard number

English name

Release time

10S-90

Cost Engineering Terminology

2024-7-24

11R-88

Required Skills and Knowledge of Cost Engineering

2013-6-18

13S-90

Recommended Method for Determining Building Area

1990-11-1

14R-90

Required Skills and Knowledge of Planning and Scheduling

2022-8-30

15R-81

Profitability Methods

2008-7-16

16R-90

Conducting Technical and Economic Evaluations – As Applied for the Process and Utility Industries

1991-4-1

17R-97

Cost Estimate Classification System

2020-8-7

18R-97

Cost Estimate Classification System – As Applied in Engineering, Procurement, and Construction for the Process Industries

2020-8-7

19R-97

Estimate Preparation Costs – As Applied for the Process Industries

1998-6-19

20R-98

Project Code of Accounts

2003-1-27

21R-98

Project Code of Accounts – As Applied in Engineering, Procurement, and Construction for the Process Industries

2003-1-27

22R-01

Direct Labor Productivity Measurement - As Applied in Construction and Major Maintenance Projects

2004-4-26

23R-02

Identification of Activities

2007-5-3

24R-03

Developing Activity Logic

2004-3-26

25R-03

Estimating Lost Labor Productivity in Construction Claims

2004-4-13

27R-03

Schedule Classification System

2010-11-12

28R-03

Developing Location Factors by Factoring – As Applied in Architecture, Engineering, Procurement, and Construction

2006-10-19

29R-03

Forensic Schedule Analysis

2011-4-25

30R-03

Implementing Project Constructability

2021-3-19

31R-03

Reviewing, Validating, and Documenting the Estimate

2009-5-12

32R-04

Determining Activity Durations

2012-1-14

33R-15

Developing the Project Work Breakdown Structure

2016-3-1

34R-05

Basis of Estimate

2021-10-5

35R-09

Development of Cost Estimate Plans – As Applied for the Building and General Construction Industries

2015-2-14

36R-08

Development of Cost Estimate Plans – As Applied in Engineering, Procurement, and Construction for the Process Industries

2019-10-10

37R-06

Schedule Levels of Detail – As Applied in Engineering, Procurement, and Construction

2010-3-20

38R-06

Documenting the Schedule Basis

2009-6-18

39R-06

Project Planning – As Applied in Engineering and Construction for Capital Projects

2011-12-8

40R-08

Contingency Estimating – General Principles

2008-6-25

41R-08

Understanding Estimate Ranging

2022-2-18

42R-08

Risk Analysis and Contingency Determination Using Parametric Estimating

2021-5-27

43R-08

Risk Analysis and Contingency Determination Using Parametric Estimating – Example Models as Applied for the Process Industries

2011-12-28

44R-08

Risk Analysis and Contingency Determination Using Expected Value

2021-5-27

45R-08

Scheduling Claims Protection Methods

2009-6-1

46R-11

Required Skills and Knowledge of Cost Estimating

2013-1-16

2023-5-16 (Rev.)

47R-11

Cost Estimate Classification System – As Applied in Engineering, Procurement, and Construction for the Mining and Mineral Processing Industries

2020-8-7

48R-06

Schedule Constructability Review

2009-8-28

49R-06

Identifying the Critical Path

2010-3-5

50R-16

Trending and Forecasting of CPM Schedules

2019-2-27

52R-06

Prospective Time Impact Analysis – As Applied in Construction

2017-5-4

53R-06

Schedule Update Review – As Applied in Engineering, Procurement and Construction

2008-8-14

54R-07

Recovery Scheduling - As Applied in Engineering, Procurement, and Construction

2010-11-19

55R-09

Analyzing S-Curves

2021-10-5

56R-08

Cost Estimate Classification System – As Applied in Engineering, Procurement, and Construction for the Building and General Construction Industries

2020-8-7

57R-09

Integrated Cost and Schedule Risk Analysis Using Risk Drivers and Monte Carlo Simulation of a CPM Model

2019-7-9

2022-10-25(Rev.)

58R-10

Escalation Estimating Principles and Methods Using Indices

2011-5-25

59R-10

Development of Factored Cost Estimates – As Applied in Engineering, Procurement, and Construction for the Process Industries

2011-6-18

60R-10

Developing the Project Controls Plan

2011-12-21

61R-10

Schedule Design – As Applied in Engineering, Procurement, and Construction

2013-10-11

62R-11

Risk Assessment: Identification and Qualitative Analysis

2022-2-18

63R-11

Risk Treatment

2012-8-23

64R-11

CPM Schedule Risk Modeling and Analysis: Special Considerations

2012-5-2

65R-11

Integrated Cost and Schedule Risk Analysis and Contingency Determination Using Expected Value

2021-5-27

66R-11

Selecting Probability Distribution Functions for use in Cost and Schedule Risk Simulation Models

2012-8-24

67R-11

Contract Risk Allocation – As Applied in Engineering, Procurement, and Construction

2014-1-14

68R-11

Escalation Estimating Using Indices and Monte Carlo Simulation

2012-5-2

69R-12

Cost Estimate Classification System – As Applied in Engineering, Procurement, and Construction for the Hydropower Industries

2020-8-7

70R-12

Principles of Schedule Contingency Management – As Applied in Engineering, Procurement and Construction

2013-10-16

71R-12

Required Skills and Knowledge of Decision and Risk Management

2013-6-17

72R-12

Developing a Project Risk Management Plan

2013-4-25

73R-13

Establishing Labor Productivity Norms

2014-1-14

74R-13

Basis of Estimate - As Applied for the Software Services Industries

2014-4-2

75R-13

Schedule and Cost Reserves within the Framework of EIA-748

2020-11-19

77R-15

Quality Control/Quality Assurance for Risk Management

2016-6-3

78R-13

Original Baseline Schedule Review - As Applied in Engineering, Procurement, and Construction

2014-10-23

79R-13

Level of Effort Planning and Execution on Earned Value Projects – Within the Framework of EIA-748

2020-8-13

80R-13

Estimate at Completion (EAC)

2019-12-3

81R-13

Required Skills and Knowledge of Earned Value Management

2014-5-1

82R-13

Earned Value Management (EVM) Overview and Recommended Practices Consistent with EIA-748-C

2017-5-4

83R-13

Organizational Breakdown Structure and Responsibility Assignment Matrix

2014-5-1

84R-13

Planning and Accounting for Adverse Weather

2015-9-15

85R-14

Use of Decision Trees in Decision Making

2014-11-14

86R-14

Variance Analysis and Reporting

2015-10-19

87R-14

Cost Estimate Classification System – As Applied in Engineering, Procurement, and Construction for the Petroleum Exploration and Production Industries

2020-8-7

88R-15

Tracking the Procurement Process using a CPM Schedule – As Applied in Construction

2016-12-28

89R-16

Management Summary Schedule

2017-10-18

90R-17

Statusing the CPM Schedule – As Applied in Construction

2018-3-19

91R-16

Schedule Development

2020-8-13

92R-17

Analyzing Near-Critical Paths

2017-10-18

93R-17

Schedule Logs

2018-4-18

94R-18

Cost Control Software Requirements

2019-2-27

95R-18

Construction Photography to Document Project Status

2019-2-27

96R-18

Cost Estimate Classification System – As Applied in Engineering, Procurement, and Construction for the Power Transmission Line Infrastructure Industries

2020-8-7

97R-18

Cost Estimate Classification System – As Applied in Engineering, Procurement, and Construction for the Pipeline Transportation Infrastructure Industries

2020-8-7

98R-18

Cost Estimate Classification System – As Applied in Engineering, Procurement, and Construction for the Road and Rail Transportation Infrastructure Industries

2020-8-7

100R-19

Contract Change Management – As Applied in Engineering, Procurement, and Construction

2020-2-27

101R-19

Roles and Responsibilities of a Cost Estimating Practitioner

2019-7-10

2023-5-17(Rev.)

102R-19

Cost Estimate Classification System – As Applied in Engineering, Procurement, Construction, and Qualification for the Pharmaceutical and Related Industries

2020-8-7

103R-19

Project Code of Accounts – As Applied in the Mining and Mineral Processing Industries to Facilitate Benchmarking

2019-10-10

104R-19

Communicating Expected Estimate Accuracy

2021-2-22

105R-19

Estimate Requirements Document – As Applied in Engineering, Procurement, and Construction for the Process Industries

2019-10-11

106R-19

Basis of Estimate – As Applied in Engineering, Procurement, and Construction for the Process Industries

2021-8-18

107R-19

Cost Estimate Classification System – As Applied in Engineering, Procurement, and Construction for the Environmental Remediation Industries

2021-10-5

108R-19

Accounting Considerations in Cost Control

2022-4-9

109R-19

Schedule Change Management - As Applied in Construction

2021-1-20

110R-20

Cost Estimate Validation

2020-11-2

111R-20

Estimating for Long-Range Planning - As Applied for the Public Sector

2021-3-19

112R-20

Cost Estimate Classification System - As Applied in Maintenance Turnarounds for the Process Industries

2021-3-19

113R-20

Integrated Cost and Schedule Risk Analysis and Contingency Determination Using Combined Parametric and Expected Value

2021-5-27

114R-20

Project Historical Database Development

2021-4-1

115R-21

Cost Estimate Classification System - As Applied in Engineering, Procurement, and Construction for the Nuclear Power Industries

2022-2-5

116R-21

Basis of Estimate - As Applied in Maintenance Turnarounds for the Process Industries

2021-8-25

117R-21

Integrated Cost and Schedule Risk Analysis and Contingency Determination Using Combined Parametric Modelling and Monte Carlo Simulation of a CPM Model

2022-8-15

118R-21

Cost Risk Analysis and Contingency Determination Using Estimate Ranging for Inherent Risks with Monte Carlo Simulation

2022-10-25

119R-21

Cost Estimate Accuracy Range and Contingency Determination Using Tables Derived from Parametric Risk Models

2022-11-28

120R-21

Demonstrating Entitlement for Contract Change Orders or Claims – As Applied in Engineering, Procurement, and Construction

2022-4-9

121R-21

Required Skills and Knowledge of Project Risk Management

2022-3-1

2024-7-24 (Rev.)

122R-22

Quantitative Risk Analysis Maturity Model

2022-10-13

2024-4-22(Rev.)

123R-22

Integrated Cost and Schedule Risk Analysis and Contingency Determination Using Estimate Ranging and Expected Value with Monte Carlo Simulation

2023-8-17

124R-22

Project Code of Accounts – As Applied for the Environmental Remediation Industries

2022-8-24

2023-8-22(Rev.)

127R-23

Choosing Among Strategic Alternatives Using Branching Concepts in Decision Modeling

2024-4-20

128R-23

Roles and Responsibilities of a Planning and Scheduling Practitioner

2023-5-17

129R-23

Linear Scheduling Methods (LSM)

2023-5-16

130R-23

Demonstrating Entitlement to Cumulative Impact Claims in Construction

2023-5-15

131R-23

Introduction to Fault Tree Analysis for Projects

2024-10-14

132R-23

Schedule Risk Analysis Maturity Model

2024-5-18

TCM

TCM Framework: An Integrated Approach to Portfolio, Program and Project Management, Second Edition

2015-1-1

2019-10-25(Rev.)

PPG#01

Contracts and Claims, 4th Edition

2008

PPG#02

Decision and Risk Management, 3rd Edition

2012

PPG#03

Cost Engineering in Aerospace and Aviation

1998

PPG#04

Planning and Scheduling, 4th Edition

2016

PPG#05

Earned Value, 3rd Edition

2017

PPG#06

Construction Cost Estimating, 3rd Edition

2011

PPG#07

Cost Engineering in the Utility Industries, 2nd Edition

2007

PPG#08

Contingency, 4th Edition

2015

PPG#10

Project Delivery Models, 2nd Edition

2008

PPG#11

Environmental Remediation and Decommissioning, 3rd Edition

2016

PPG#12

Construction Project Controls, 2nd Edition

2010

PPG#13

Parametric & Conceptual Estimating, 3rd Edition

2012

PPG#14

Portfolio & Program Management, 2nd Edition

2007

PPG#15

Life-Cycle Cost Analysis, 2nd Edition

2012

PPG#16

Cost Engineering in the Global Environment, 2nd Edition

2011

PPG#17

Public Sector Estimating

2007

PPG#18

Green Building, 2nd Edition

2012

PPG#19

Leadership and Management of People

2008

PPG#20

Forensic Schedule Analysis

2008

PPG#21

Cost Engineering in the Process Industries

2009

PPG#22

Productivity

2013

PPG#23

Transportation

2015

-

Cost Engineers' Notebook, 2nd Edition

2016

-

Skills & Knowledge of Cost Engineering, 6th Edition

2015

-

Control and Management of Capital Projects, Second Edition

1992