AACE International, working in conjunction with cNI and its partner, the Virtual University at Tecnológico de Monterrey, Mexico, are pleased to present this series of outstanding online courses.

Prepare for a renowned designation as a Certified Cost Consultant or Cost Engineer.

Certification
These courses and the series are an excellent aid to prepare for the examination to become an AACE-Certified Cost Consultant or Certified Cost Engineer, a designation recognized throughout the world. The Certification recognizes “specialists who meet a demanding set of earned value management criteria by a rigorous examination, experience, education and ethical qualifications.”

The CCC/CCE requirements, which include the Certification Exam apart from these courses, reflect the sophistication of individuals in today's earned value industry and it fairly measures their knowledge, experience and adherence to best management practices.

NOTE: Completing this series of courses or the individual exams in each course, does not result in Certification. The series is to prepare an individual for the rigorous CCC/CCE Exam, which requires the individual to apply directly with AACE, complete the examination application process, and take the AACE exam.

Certificate of Completion
If you choose not to pursue the CCC/CCE Certification exam with AACE after completing the courses, you will nonetheless gain invaluable professional knowledgeable and skills by taking and completing individual courses or by completing the series. Every individual will receive a Certificate of Completion for each course completed, or for the series of courses.

The Certificate of Completion does not fulfill the requirements to become an AACE CCC/CCE.

Why Enroll in This Program?
The CCC/CCE Certification reflects a commitment to best management practices, and to a high level of skills and knowledge in the discipline of cost engineering, value management and professional ethics. Although completing these courses does not result in Certification, they do prepare the individual for the CCC/CCE exam. Whether enrolling as an individual or on behalf of an organization or company, the value added is applicable to your career advancement, as well as to the organizational credentials of the employer.

As the online version of the classroom-based Certification Prep Course which can involve 2-4 days of instruction away from work and home, these courses provide convenience of access, save travel time and cost and decrease time away from the job (productivity).

Program Description
The online courses are offered in English and consist of 7 total courses. The course can be taken as stand-alone courses, or as an entire series. If you are interested in becoming CCC/CCE Certified it is highly recommended that you enroll and complete the entire series prior to taking the certification examination.

NOTE: These courses do not result in Certification as an AACE CCC/CCE. For more information regarding Certification please visit our Certification welcome page.

• Understand what makes up cost—i.e. the basic resources (material, labor, etc.) that are needed to perform an activity or create an asset.
• Understand the distinction between cost elements that are directly applied to an asset and those that are indirectly applied.
• Relate the cost elements to the life cycle of the asset: acquisition, use, and disposal.
• Use the understanding of cost elements to further understand how cost is measured, applied, and recorded to arrive at the total activity and/or asset cost.
• Apply the knowledge gained to solve problems related to cost element source and definition.

• Explain the common industry classifications of cost estimates.
• Explain common methodologies applied to prepare cost estimates of the various classifications.
• Relate the accuracy of estimate types to the typical definition of scope and viable methodologies for the types.
• Explain how to apply risk analysis techniques to determine appropriate contingency for an estimate.

• Measuring Work Progress
• Cost and Schedule Performance
• Productivity
• Fixed Budget
• Variable Budget
• Budget Baselines
• Schedule Baselines
• Control Account Baselines
• Status
• Analysis, Trending, and Forecasting
• Success Index (SI)
• Variability
• Incentives

• Delineate the role of the project manager in project planning.
• State common planning strategies.
• List and explain the major components of project planning.
• Explain the importance of project planning.
• Calculate installed quantities (progress) for construction activities.
• Define how actual labor work hours are collected using time cards.
• Analyze labor cost performance using earned value.
• Analyze labor cost performance using unit rates.
• Define the three components of labor costs: quantities, installed production rates, and wage rates.
• Analyze labor cost performance using variance analysis.
• List and explain the basic requirements of a contract.
• Understand how contracts may become defective and, possibly, unenforceable.
• State the types of contracts typically employed in capital projects, their requirements, and the potential advantages and disadvantages of each.
• Relate typical project delivery methods to provisions of the contracts that are employed for each method.
• State and explain various key clauses in contracts.
• Clarify what sorts of claims may arise on contracts for capital projects.
• State how disputes arising under contracts may be resolved.

• Calculate simple and compound interest rates and solve interest problems using basic single payments, uniform series, and gradient formulas.
• Calculate present value, future value, and equivalent uniform annual value of a cash flow series.
• Determine the discounted rate of return of a cash flow series.
• Evaluate and select the best alternative using present value, future value, equivalent uniform annual value, and discounted rate of return.
• Compare alternatives using the benefit-cost ratio.

• Explain basic definitions and terminologies in probability and statistics.
• Describe frequency distribution, cumulative probability curve and normal curve.
• Apply statistical techniques in decision making such as market and/or risk analyses.
• Explain basic steps of a risk management process.
• Describe risk mitigation options.
• Apply decision tree analysis.

Tuition: You may register for individual courses or for the series. You will have access to each course, for which you are enrolled for two weeks. During this period each course is open to you anytime and from anyplace in the world you have access to the Internet. If you are registered for more than one course you may take the courses sequentially or concurrently – that is up to you as your schedule allows. Your registered time begins when you enter a course for the first time. If you have registered for the entire series you will have access for 14 weeks.

AACE Member	Non-Member
$400 per person, per course	$500 per person, per course
$2,200 per person, per series (7 courses)	$2,500 per person, per series

Click here to REGISTER.
Self-paced course can be started at any time.

1. Withdrawal received by e-mail before your User Name and Password are issued (24-48 hours) – total fee less a $500 cancellation fee.
2. Refund requests received after the User Name and Password have been issued, but before student logs into the course and no later than three days after the first time the student logs in, will be refunded 65% of the fee, after which time there is no refund.
3. Substitutions may be made without penalty after receiving the User Name and Password but before accessing (logging into) the course.
4. Decision on withdrawals and refunds will be based on the date when the e-mailed withdrawal notice is received.

1. Withdrawal received by e-mail before your User Name and Password are issued (24-48 hours) – total fee less a $100 cancellation fee.
2. Refund requests received after the User Name and Password have been issued, but before student logs into the course and no later than two days after the first time the student logs in, will be refunded 65% of the fee, after which time there is no refund.
3. Substitutions may be made without penalty after receiving the User Name and Password but before accessing (logging into) the course.
4. Decision on withdrawals and refunds will be based on the date when the e-mailed withdrawal notice is received.