Description of Certifications


AACE International recommended practices related to cost estimating, planning and scheduling, project controls and risk management are considered as the industry norms.

Certified Cost Professional (CCP)

A CCP is an experienced practitioner with advanced knowledge and technical expertise to apply the broad principles and best practices of Total Cost Management (TCM) in the planning, execution and management of any organizational project or program. CCPs also demonstrate the ability to research and communicate aspects of TCM principles and practices to all levels of project or program stakeholders, both internally and externally.

Certified Estimating Professional (CEP)

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.

Earned Value Professional (EVP)

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; an earned value management system (EVMS) and its related accounting component used to record actual costs for a project or activity; generating relevant reports, understanding and analyzing the information reported, using actual cost data from, or reconcilable with, the accounting system for management of a project or activity; 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).

Planning and Scheduling Professional (PSP)

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.

Decision and Risk Management Professional (DRMP)

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.

Certified Forensic Claims Consultant (CFCC)

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.

AACE International recommended practices related to cost estimating, planning and scheduling, project controls and risk management are considered as the industry norms.

AACEI-PAKISTAN SECTION:

Provide technical programs, professional development and expertise through technical products, continuing education and professional certification Pakistan Section also provides in-house Training Program for companies / organization on their premises during 5 days’ work week. Training Workshops can be tailored to meet the requirement as on weekends or alternate week or as convenient to companies.