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CEP - Certified Estimating Professional (AACE -USA)

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.

8 years industry related experience or

4 years industry related experience + 4-year industry related college degree

Adherence to AACE’s Canons of Ethics

5 hours maximum

119 simple, multiple choice and compound, scenario questions

1 memo writing assignment with a given scenario and instructions for writing a response in an onscreen text box

Closed Book

Any style, battery operated calculator permitted (not provided by the testing center)

Chapter 1.0 ‐ Supporting Skills and Knowledge

  • Introduction: The Role of the Cost Estimator
  • Elements of Cost
  • Elements of Analysis
  • Enabling Knowledge

Chapter 2.0 ‐Cost Estimating Skills and Knowledge

2.1 General Estimating Concepts

  • Cost Estimating Terminology
  • Cost Estimate Classifications
  • Estimate Variability
  • Uncertainty
  • Estimating Algorithms
  • Code of Accounts
  • Historical Cost Data

2.2 Estimating Processes and Practices

  • Planning the Estimate
  • Estimating Methodologies
  • Quantification
  • Costing
  • Pricing
  • Conditioning
  • Risk Evaluation and Contingency Determination
  • Estimate Documentation
  • Estimate Reconciliation
  • Estimate Review and Validation
  • Estimate Reporting
  • Estimate Closeout

2.3 Other Estimating Issues

  • Bidding
  • Budgeting
  • Project and Life Cycle Costing
  • Cash Flow and Forecasting
  • Cost Control Baseline
  • Project and Product Costs

Internationalization

Building Information Modeling (BIM)

Change Order Estimating

CEP Course Fee >> Contact our respective Branch Consultants >> Qatar : +974 6646 4941 | Chennai : +91 84289 50588 | Mumbai : +91 98 19 379702 | Kuwait : +965 6077 4066 | Email : info@greenintl.net / training@greenintl.net

Including:

  • 40 Hours of Exam Preparation Training
  • Complete set of Study Materials
  • Course completion Certificate with 35 PDU
  • Mock-up Tests

Value Added Benefits

  • Simulation Exercises
  • Assistance for AACE Membership & Application Process
  • Flexible Timings / Evening Sessions
  • Industry Experienced, Certified Experts as Faculties
  • Best institute for Cost Engineering Certification Training Programs
  • Leading and Professional Training Center in Qatar, Kuwait, Chennai & Mumbai

Exam Fee

  • While AACE membership is not required for certification, members receive the benefit of reduced examination fees.
  • US$500 for members
  • US$625 for non-members
  • US$250 resit fee (member and non-members)
  • All fees are due upon submission of an application and are non-refundable. The fee includes our eligibility documentation review and computer based testing (CBT) fee.
Contact our respective Branch Consultants
Qutar : +974 6646 4941
Chennai : +91 84289 50588
Mumbai : +91 98 19 379702
Kuwait : +965 6077 4066
Inquiry
Email : info@greenintl.net
training@greenintl.net

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