AACE’s Constitution and Bylaws, which are amended and
approved by its membership, is the Association’s overall governing
All AACE members and certified individuals agree to uphold the AACE
Canons of Ethics – which advance the honor and dignity of Cost
Engineering and the Cost Management profession and in keeping with the
high standards of ethical conduct will (1) be honest and impartial and
will serve employer, clients, and the public with devotion; (2) strive
to increase the competence and prestige of their profession; and (3)
will apply knowledge and skill to advance human welfare.
AACE’s Board of Directors has chosen to enter into Cooperative
Agreements (or Memorandums of Understanding) with groups and
organizations that share similar goals and objectives as AACE.