AACE International has a number of technical subcommittees, each
dedicated to a specific functional area, such as cost estimating, or
planning & scheduling. All technical subcommittees together form the
technical subcommittee division. If you are interested in finding out
more about a particular subcommittee, its activities, or would like to
join, please visit the Forums at www.aacei.org/forums.
Note: If you are new to the forums area you will need to create a user account.
The BIM Subcommittee will address current trends by owners, A/E firms,
EPC firms and contractors using 3D design, and most importantly the
cost & schedule gains by utilizing the 3D tools to their full
The BIM Subcommittee will explore all elements of virtual construction
solution including four elements: design (3-D), scheduling (4-D), cost
(5-D) and project controls (6-D). These four elements are interlinked,
but sufficient research has not been conducted to identify the - who,
what where and when of this relatively new technology.
The BIM Subcommittee will seek technology information from vendors, but
shall remain vendor neutral, and shall strive to promote best
practices and CAD recommended practices, rather than promoting vendor
This subcommittee focuses on the application of Earned Value Management (EVM) across a variety of industries and project types. Earned
Value Management methodology has grown steadily in its aCCPptance and use; with AACE International's EVM Subcommittee members both supporting
and leading this trend. EVM Subcommittee members represent a wide range of professions including consultants, engineers and project managers.
The goal of this subcommittee is to promote EVM by sharing best practices among members; as well as contributing to the EVM body of knowledge
and greater project community through presentations and articles.
The scope of this subcommittee is the application of cost engineering and management
precepts to analyze and determine how a portfolio of strategic assets should be selected
and managed within the environment of a business enterprise or government agency to
optimally meet the financial, production, sales and service goals and objectives of
programs based on the organization's stated mission or purpose; the definition of
requirements for fulfilling the mission; and the identification of resources,
technologies, methods and procedures required to best achieve those goals and objectives
within specified budgets and timetables. Among strategic asset management processes, this
encompasses enterprise management, strategic performance assessment, and strategic
This subcommittee is responsible for defining and developing methodologies for the optimal
use of capital for new ventures and proposed projects at key points during the life cycle.
Disciplines covered include basic engineering economics, formal economics, probability and
statistics, and cost engineering. The subcommittee has four goals: to accumulate, evaluate,
and disseminate information regarding the comprehensive appraisal of new ventures and
proposed projects and processes for investment return and risk; to define, develop, and
integrate techniques used in profitability studies, including lease/buy analysis,
life-cycle cost, design and programmatic uncertainty, and project budgeting; to provide a
forum for Association members to seek agreement on industry-wide approaches to
profitability analysis and standards and the study of new ventures; and to promote the
goal of TCM that lies fundamentally in profitability concepts.
Many of AACE International's members are actively involved in the making or reviewing
of claims on projects. Involvement ranges from preparation to analysis and resolution of
claims. Currently, no professional society exists that serves the needs of professionals
involved in claims management. This subcommittee has been formed to fill this need. The
purpose of the subcommittee is to provide a neutral, professional forum where professionals
actively involved in the management, mitigation, and resolution of claims can meet and
discuss issues of common interest. This subcommittee will attempt to sponsor a full track of
claims-related papers at every Annual Meeting as well as soliciting claims-related papers
for Cost Engineering and participating in various Section and Regional AACE
The objective of this subcommittee is to increase planning and scheduling effectiveness
through sharing of the latest planning and scheduling techniques and experiences. The
subcommittee accomplishes this by developing recommended practices (guidelines) for planning
and scheduling, by providing a forum for the exchange of experience and information, by
contributing to advances in state-of-the-art planning and scheduling methods, and
compiling information about planning and scheduling.
This subcommittee gathers, formalizes, and disseminates contractual, analytical, and
disclosure principles applicable to all aspects of cost engineering and total cost
management. This includes managing contracts, contract drafting and specification issues,
quantitative analytical techniques, and pricing and schedule disclosure principles. Goals
are to be a liaison with similar groups in other professional societies, trade groups, and
contracting/purchasing agencies; to promote the incorporation of TCM principles in
contract documents and general requirements specifications; to compile contractual,
analytical, and disclosure practices dealing with cost and schedule risks,
responsibilities, entitlement, and pricing; to publish articles in Cost Engineering
to keep members aware of related case law, analytical developments, and proven disclosure
principles; and to provide formal training on the principles required to practice
proficiently in this specialized area.
This subcommittee is concerned
with the use of skills and knowledge in coordinating the
organizing, planning, scheduling, directing, controlling, monitoring, and evaluating of
prescribed activities to ensure that the stated objectives of a program, project,
manufactured product, or service, are achieved.
Cost Engineering is the field of practice as covered by AACE International’s Recommended Practice 11R-88;
“Required Skills and Knowledge of Cost Engineering”. The Total Cost Management (TCM) Framework defines
how the professions skills and knowledge work together in an integrated process. While AACE’s members are often
specialized in their fields of practice (e.g., estimating, planning and scheduling, etc), AACE was founded on the concept
of Cost Engineering as a multi-skilled profession in its own right. The Cost Engineering Subcommittee will work to advance
the technology of Cost Engineering as an integrated profession. Specifically, the subcommittee will focus on advancing
“integrative” technical products such as 11R-88 and the TCM Framework. The subcommittee will also technically
support certification efforts (i.e., the CCP) and educational efforts to advance Cost Engineering as a recognized
profession. The subcommittee’s success will ultimately be measured by the extent that owner and contractor companies
value and seek the services of professional Cost Engineers so that the companies can achieve more profitable asset
investments and successful portfolios, programs and projects.
Project and cost control focuses on the ability to establish the project baseline,
measure project progress, and provide forecasts to complete as it relates to the baseline
scope, budget and schedule. This focus includes: 1) the application of procedures to
monitor expenditures and performance against progress of projects or manufacturing
operations: 2) to measure variance from authorized budgets: 3) develop forecasts and
trends: and 4) recommend mitigating strategies that allow for effective action to be taken
to achieve minimum costs and/or best value.
The subcommittee has established the following goals: 1) provide a forum for AACE members
regarding project and cost control related subject matter; 2) provide resources for
reviewing TCM framework documentation; 3) promote publication in "Cost
Engineering" and presentation at AACE Annual Meetings; and 4) complete Recommenced
The objective of this subcommittee is to formalize techniques that produce accurate cost
estimates at a minimal preparation cost and to share these methods and data with various
industry committees. The types of estimates include project feasibility or preliminary,
budget, and definitive or contract. Both parametric and detailed estimating methods are
evaluated. To accomplish these objectives, the subcommittee does the following things:
evaluates existing procedures and techniques used in the preparation of estimates; and
develops alternative methods or techniques that simplify the accumulation, quantification,
and presentation of a cost estimate.
The objective of this subcommittee
is to promote the implementation of value engineering
(VE) techniques. This subcommittee is the focal point for technical VE assistance and for
educating AACE members on the subject. It also provides a communication link with the
Society of American Value Engineers (SAVE International) to expand common goals.
Gathering, evaluating, and disseminating information on TCM applications of
probabilistic analysis are the duties of this subcommittee. The objective is to establish
techniques and methods that can be used by other technical subcommittees. Information is
published in technical papers and articles for Cost Engineering.