1	AACE International & Cost Management Practices Presentation to: Construction Industry Coalition Council CICC) by Barry G. McMillan Executive Director, AACE International July 10, 2003
2	AACE International
3	Agenda Introduction to AACE International Relationship with owner organizations AACE cooperative agreements with public and private agencies AACE’s Certification & Recertification Programs Adapting to Today’s Conditions Conclusions
4	I. Introduction to AACE AACE is a non-profit professional society that focuses on skills & knowledge development for professionals who work on problems of “cost engineering”, eg: cost estimating, cost control, project management, planning & scheduling, and related disciplines
5	The Collective Value of Associations “Business and professional leaders have long recognized that many of their common business and professional goals can be achieved more quickly and more easily through joint action than through individual action.” (Association Law Handbook, 3^rd Ed.)
6	AACE’s Mission Statement To provide: Members, employers, the professional community, governments and the public With: Technical programs, research, standards, professional expertise, information, and continuing education For: The good of the profession and the general public.
7	Some U.S. Association History 1768 Chamber of Commerce of NY 1820 American Institute of Marine Underwriters 1855 American Iron & Steel Institute 1875 American Bankers Association 1920-1930 National associations grew 50% 1930-1940 Associations double again 1956-1991 American Association of Cost Engineers 1992 Association officially becomes: AACE International
8	AACE’s Industry Orientation Construction – heavy & commercial Chemical processing & Petrochemical Transportation Energy & Utility Manufacturing & IT Government Almost any industry where cost & management skills are applied
9	AACE’s Key Areas
10	II. Relationship with owner organizations AACE helps owners train their people, develops their leadership talents, and offers certification credentials: Individuals grow professional skills, Gain expert technical information, And this aids Corporate success
11	What else does AACE do that benefits owners? AACE Defines Key Professional Practices & Terminology (CEN) AACE Establishes Cost, Schedule, & Related Practices & Standards AACE helps the cost profession evolve AACE offers certification programs to evaluate professional practice (1976) AACE provides an on-going forum for information exchange
12	AACE’s TEC Cycle
13	AACE Education Programs Distance Learning “on-line” Courses from partners Third-party courses Internal courses Seminars Program At meetings On-site New packaged certification course/exam