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