AACE Certification Background, Overview and Process...

AACE Certification Background, Overview and Process

Rocky Mountain SectionSeptember 22, 2016

Ken Cressman EVP PMP CCPRobert Van Gundy PMP PSP EVP

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AACE Certification Background A Portfolio of

Distinction

2

AACE Certification Background

Technician

Professional

Expertise

Three Types of Certifications:


Technician

Professional

Expertise

• Certified Forensic Claims Consultant (CFCC)• Decision & Risk Management Professional (

DRMP)

• Certified Cost Technician (CCT)• Certified Scheduling Technician

(CST)

• Certified Cost Professional (CCP)• Certified Estimating Professional (CEP)• Earned Value Professional (EVP)• Planning & Scheduling Professional (PSP)

A CST is an individual who has demonstrated proficiency in the general skills and knowledge of the scheduling process within the AACE International Total Cost Management (TCM) framework. Generally, CST represents early-career professionals who are working to gain the requisite years of experience, to become a certified Planning & Scheduling Professional (PSP) or more experienced mid- to late-career professionals who wish to be recognized for their planning and scheduling skills.


A CCT is an individual who has demonstrated proficiency in the basic skills and knowledge of total cost management. Generally, those seeking CCT certification represent early-career, young professionals who have not yet achieved the requisite years of experience needed to become certified as a Certified Cost Professional (CCP), or experienced mid- to late-career professionals who are working to advance their cost engineering skills.

Tech

nici

anPr

ofes

sion

alEx

perti

se

CCT

CST

A CEP is a professional with vital expertise to contribute to the economic evaluation of potential projects by supporting the development of budgets, project resource requirements and value engineering. By applying the estimating body of knowledge as outlined in AACE’s Recommended Practice 46R-11, the CEP estimates costs of a determined scope in order to advise management on project funding decisions. The CEP’s ability to clearly communicate cost estimates, both verbally and written, to all project stakeholders is critical to their success.

CEP

CCP

An EVP is a practitioner of Earned Value with demonstrated mastery of contract language as it relates to Earned Value application, the organization of a project’s scope into meaningful structure for execution; planning scheduling and budgeting the project work from initiation through close out using an integrated cost/schedule tool; highly proficient in monitoring project progress for performance measurement; generating relevant reports, understanding and analyzing the information reported, and managing change to the scope of work and/or any deviation, performance trend, or change to an approved or baseline project control plan, throughout the life-cycle of a project or portfolio of projects in the public and/or private sector. The experienced EVP will have broad experiences in the interpretation of the EV data/metrics and possess the skills to provide coherent, relevant communications (oral and written) to all levels of project stakeholders (internal and external).

PSP

EVP

A CFCC is an experienced claims professional and testifying expert working in the construction dispute resolution and litigation support arenas. With emphasis on claims arising from design and construction projects in countries with common law or mixed law, where common law is part of mixed law, the CFCC represents practitioners and specialists who meet a demanding set of claims preparation and dispute resolution criteria comprising of experience, education, and compliance with industry-accepted ethical requirements. A DRMP is a senior-level practitioner with business experience in life cycle asset and project management with exhibited knowledge and skills ranging from analytical to socio/psychological to management. A DRMP also has extensive technical experience in specialized tools and services such as decision analysis, cost risk and uncertainty analysis, and schedule risk analysis. DRMPs demonstrate strong communication skills to connect with all levels of project stakeholders and are increasingly employed by owners and stakeholders in their decision making process – whether it is for a go, no-go decision on an investment interest or determination of time and cost contingency amounts for capital projects.

CFCC

DRMP

8 years of experience

or 4 years of experience and 4-year

degree

4 years of experience

or education

4 year degree & 8 years experience +

more

4 year degree & 12 years experience +

more

A CCP is an experienced practitioner with advanced knowledge and technical expertise to apply and communicate the broad principles and best practices of Total Cost management (TCM) in the planning, execution and management of any organizational project or program.

A PSP is a skilled planning and scheduling professional with advanced experience in project planning, and developing, monitoring, updating, forecasting and analyzing integrated project schedules. The PSP leads the planning and scheduling process within the AACE International Total Cost Management (TCM) framework. A PSP is able to communicate effectively with all project stakeholders, both internal and external.


*Only two books permitted: AACEs CST Primer & AACEs PSP Study GuideTesting: Basic Supporting Skills & Knowledge

*Only two books permitted: AACEs CCT Primer & AACEs Skills & KnowledgeTesting: Basic Scheduling Skills & KnowledgeTe

chni

cian

Prof

essi

onal

Expe

rtise

CCT

CST

CEP

CCP

PSP

EVP

*Candidates Choice of two reference books, maximumTesting: Legal, Damages, Scheduling, Project Management and Ethics related circumstances.

CFCC

DRMP

Testing: Basic Cost Engineering Skills & Knowledge, Economic Analysis, Project Management and Cost Estimating and Control.

Testing: Basic Cost Engineering and Statistics, Economic Analysis and Decision & Risk Management Practices

Testing: Cost Estimating Knowledge, Principals and Practices

Testing: General Earned Value Concepts, Organization, Planning, Scheduling and Budgeting, Complex Earned Value Application, and Accounting, Analysis and Reporting.

Testing: Basics of Planning & Scheduling and Planning and Scheduling Applications.

5 hours maximum

119 simple and compound scenario MCQs

1 Memo writing assignment

Any style, battery operated calculator permitted

Closed Book

5 hours maximum120 simple and compound scenario MCQsAny style, battery operated calculator permittedClosed Book

3 hours maximum100 MCQsAny style, battery operated calculator permittedOpen Book*

5 hours maximum100 simple MCQs & 4 Written Essay AssignmentsAny style, battery operated calculator permittedOpen Book*

AACE Certification Renewal

Technician

Professional

Expertise

• Certified Forensic Claims Consultant (CFCC)• Decision & Risk Management Professional ( DRMP)

• Certified Cost Technician (CCT)• Certified Scheduling Technician (CST)

• Certified Cost Professional (CCP)• Certified Estimating Professional (CEP)• Earned Value Professional (EVP)• Planning & Scheduling Professional (PSP)

• Valid for 4 years• Not eligible for renewal

• Valid for 3 years

• Renewed through re-examination or accumulation of CEUs

Maintaining CESB accreditation status enhances the value of AACE credentials, by demonstrating a successful completion of a rigorous application and examination process that has been reviewed and found worthy by an independent third party.

Maintaining CESB accreditation status assures the certification process and related operations conform to accepted standards and best practices in the engineering and scientific specialty community and the credentialing industry.

Accreditation

AACE International is proud to achieve CESB’s accreditation for:

• Certified Cost Technician (CCT)• Certified Cost Professional (CCP)• Certified Estimating Professional (CEP)• Earned Value Professional (EVP)• Planning & Scheduling Professional (PSP)

Certification Program FAQs

Why should you be certified?} Certification is an investment in your career.

} Certification is essential to be proficient in the principles and best practices of total cost management.

} Certification provides verification of your proficiency.

} Certification provides a system to indicate that a person performing the work is qualified.

} AACE certified individuals earn 17.4% more than an individual without AACE certification

Certification Program FAQs

Where to Find Answers for Certification Questions

Where to Find Answers for Certification Questions

Website

AACE Certification Overview A Portfolio of

Distinction

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Certification Overview


Provides detailed registration & scheduling information, tutorial links, and special accommodation request form.


Provides the portfolio of certifications offered, eligibility requirements, study materials and fees. A toolbox is available for each certification for items needed, helpful templates and exam checklist.


Provides what to expect on exam day, exam structure, cancellation & rescheduling policy, results policy, and certification exam survey.


Provides options & instructions for recertifying, volunteer opportunities and a Recertification handbook example.

Certification OverviewProvides a thorough list of commonly asked questions & answers.

AACE Certification Process A Portfolio of

Distinction

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Examination Registration

• Application & Payment• Submit Eligibility Requirements• Clearance to schedule examination

Examination Scheduling

• Clearance letter• Test Taker Profile• Exam date, time and location of choice

Certification Process

1

2

Application & Payment

30 Days to submit eligibility

documentation

Eligibility documentation

received and reviewed

If yes:Clearance granted

Clearance Letter, access voucher

code, scheduling instructions given

Candidate schedules exam

If no: clearance

denied and candidate notified

No refunds

Examination Registration

Candidate receives clearance, access

voucher code, and scheduling instructions

Creates a Kryterion test taker profile

Selects testing location


Candidate receives clearance, access

voucher code, and scheduling instructions

Creates a Kryterion test taker profile

Selects testing locationSelects date & time based upon testing center availability

Enters customized access voucher code as

payment & submitArrives on testing day

and takes the examCancellation & Rescheduling


SUCCESS!!!

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• There is a scheduling tutorial available at http://www.aacei.org/cert/CBT_Schedule_Tutorial/player.html

• There is a CBT simulation tutorial available at http://www.aacei.org/cert/CBT_Exam_Tutorial/player.html

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Recertification Process

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Recertification By Examination

To register for the exam, please login to the portal and follow these instructions:

•Login with your primary e-mail address and password•Once logged in, Select “Upcoming Events” from the menu on the left.•Scroll to the Exam Name you want to take, and select•Read the Event Details and Registration Details•Click “Register for this Event”•Select the exam fee you are eligible to select (Recertification by Examination)•Complete the required fields, such as: Agreement to the application terms(listed under the event details) and any comment(s) you wish to add.•Click “Next”•Confirm your information, and if correct, click “Register Now”•Review your shopping cart , remove any unwanted items, etc. and when done shopping, select “Proceed to Checkout”•Add any billing/address information requested, click “Next”•Enter your credit card information, click “Next”•Wait for confirmation/receipt. •You will receive an email confirmation of your transaction and information on what to do next.•If you have any questions or technical difficulties, please contact Headquarters staff immediately.

Exam Recertification Process

Professional Credit (CEU)


To recertify through professional credit plan, login to the portal and follow these instructions:1. Select “Online Store” from the menu on the left2. Type in “Recertification” in the search box

Find and Select “Recertification Handbook & Application”3. Add it to your cart4. Proceed to Checkout and provide payment information.5. Once payment has been processed, the Recertification by Professional Credit

Plan Handbook & Application is downloaded to your profile to use when you are ready.

To view and complete your Recertification by Professional Credit Plan Handbook & Application, conduct the following:1. Login to the portal2. Select "My Purchases" on the left menu. (Do not select “my downloadable

purchases” – as this is reserved for other AACE products)3. Select “My Downloadable Products” link4. Select the “Recertification by Professional Credit Plan” link5. The PDF form is opened and is ready for completion.

CEU Recertification Process

CEU Recertification Categories

QUESTIONS???

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Thank you

www.aacei.org

www.aacerms.org

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Thank you

AACE Certification Background, Overview and Process...

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