Introduction:

Since 1956, AACE International (the Association for the Advancement of Cost Engineering) has provided its members with the resources they need to enhance their performance and ensure continued growth and success . The CCC/CCE certification recognizes specialists who meet a demanding set of criteria by a rigorous examination, experience, education and ethical qualifications. The CCC/CCE requirements reflect the sophistication of individuals in today's earned value industry and it fairly measures their knowledge, experience and adherence to best management practices. CCC/CCE certification distinguishes cost and management professionals who have the knowledge and skills that impact the bottom line. AACE certification ensures a high quality standard.

AACEI .

Course objective:
Todays ever-changing business environment requires new approaches to cost engineering management, which has become an important tool for dealing with time-to-market, resources limitations, downsizing and global competition. This training course will provide participants with a thorough background in the concepts of total cost management and cost engineering. The course addresses area of Total Cost Management through planning and controlling resources, costs, profitability and risk. i.e managing cost throughout the life cycle of any enterprise, program, facility, project, product or service . The course covers the application of cost engineering and cost management principles, proven methodologies and the latest technology in support of the management process. Practical sessions will provide hands-on experience.

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Who should attend?

This course is targeted for all business enterprises, construction, factories and all levels from chief executive officers, finance managers, human resources managers, project managers, site engineers, planners and cost control engineers

Course outlines:
Day #1 Course Introduction Nature of the CCC/CCE Exam Test Procedure Application Process and Requirements The Nature and Type of Questions Cost Elements Pricing Materials Day #2 Labor Engineering Equipment, Parts, and Tools Economic Costs Activity-Based Cost Management Workshop # 1 Day #3 Cost Estimating o Conceptual Estimating Methodologies o Deterministic Estimating Methodologies Day #4 Process Product Manufacturing Discrete Product Manufacturing Workshop # 2 Day #5 Project planning Understanding Environment Day #9 Project Management Fundamentals Project Organization Structure Project Labor Cost Control Day #10 Project Planning Leadership and Management of Project People Quality Management Day #11 Value Analysis Contracting for Capital Projects Strategic Asset Management Workshop # 5 Day #12 Basic Engineering Economics o Equivalence & Conventions o Interest & Discount factors o Measures of equivalent worth Day #13 Applied Engineering Economics o Cash Flow Analysis o Incremental Analysis o Tax Considerations Workshop # 6 Day #14 Statistics & Probability Basic Concepts in Descriptive Statistics Workshop # 7 Day #15 Risk Management Communication The International System of Units (SI) Workshops Workshop#1 Workshop#2 Workshop#3 Workshop#4 Workshop#5 Workshop#6 Workshop#7 Section1 Section2 Section3 Section4 Section5 Section6 Section7 Cost Cost Estimating Planning & Scheduling Progress & Cost Control Project Management Economic Analysis Statistics, Probability

Time

Management

Day #6 Schedule development Critical path method (CPM) Schedule Compression Workshop # 3 Day #7 Progress Measurement and Earned Value Earned Value for Variable Budgets Day #8 Tracking Cost and Schedule Performance Performance and Productivity Management Workshop # 4

This Course has been approved from AACE International and will give the participants 60 professional development hours (PDHs) (60 PDHs) AACEI

Summary of CCCTM/CCETM Certification Process

Candidates for the CCCTM/CCETM designation must meet these minimum requirements:

1. Experience requirements

At least 8 full years of professional experience, of which up to 4 years may be substituted by a college/university degree. Related degrees include: engineering, building construction, construction technology, business, economics, accounting, construction management, architecture, computer science, mathematics, etc.

2. Submit application and fees

AACE Members US$350.00 Non-Members US$500.00 Submit the application, work/education verification and fees, by the deadline date posted on AACEs website. You must submit an electronic copy of a professional paper of a minimum 2,500 words on a cost engineering-related subject. The submittal of the Technical Paper now coincides with the registration deadline date as posted on the website. Candidates failing to submit the Technical Paper by the registration deadline will not be permitted to sit for the CCCTM/CCETM exam. Papers previously authored within the prior three years may be used if they meet the specific technical and length requirements. Papers are graded on a pass/fail basis.

3. Submit professional paper

4. Pass the examination

To become a CCCTM/CCETM, a passing grade must be achieved on the 7-hour exam as determined by the Certification Board. It is the policy of the AACE Certification Program to only release exam results on a basis of PASS or FAIL. Therefore, no score grades will be given.

CCCTM/CCETM Exam Structure

The CCCTM/CCETM examination consists of four parts (1 hour 45 minutes each). Part I : Is 50 multiple-choice questions on Supporting Skills &Knowledge (open book) Part II : Is on Economic Analysis (open book) Part III : Is on Project Management (closed book) Part IV : Is on Cost Estimating and Control (closed book) Parts II, III and IV consist of two sections each. The first section has 4 compound questions which contain 7 multiple-choice questions each. You will choose to answer only TWO of these compound questions, resulting in answering only 14 multiple-choice questions for the first section of each part. The second section of each part consists of 20 multiple-choice questions.

For more information Tel. Old compus : (202) 2797 5628 - 2797 5680 Tel. New compus : (202) 2615 2757 - 2615 2664 Fax : (202) 2792 3352 - 2795 7565 engsrv@aucegypt.edu www.aucegypt.edu/engsrv www.engineeringlicense.com www.accei.org