AACE Certification. Introductions. Agenda. Right Answer: 10/14/2013. Introductions

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1 AACE Certification Presented by Penny Whoolery, Manager, Certification Valerie Venters, CCP, Certification Board Chair Agenda AACE Certification Introductions Portfolio of Certifications Recertification Process Summary 1 Introductions Penny Whoolery Manager, Certification Valerie Venters, CCP Chair, Certification Board 3 4 Most asked question regarding Certification: Where can I find information about the certification exam I want to take? Wrong Answer: LinkedIn.com Right Answer: Headquarters Certification Staff GO TO people for all Certification questions: Penny Whoolery Manager, Certification Valerie Smith Credentialing Analyst, Certification Joann Metzler Administrator, Certification 6 1

2 Find a testing facility near you AACE certifications offered & benefits Recertification information and instructions Policy & Procedures and Instructions Registration portal All active certified individuals Volunteer opportunities Find a testing facility near you Annual certification reports Computer Based Testing Certification Registration & Scheduling Policy & Procedure 1 Examination Registration Application & Payment Submit Eligibility Requirements Clearance to schedule examination 2 Examination Scheduling Clearance letter Test Taker Profile Exam date, time and location of choice 2

3 Examination Registration Examination Scheduling Application & Payment 30 Days to submit eligibility documentation Candidate receives clearance, access voucher code, and scheduling instructions Creates a Kryterion test taker profile If yes: Clearance granted Eligibility documentation received and reviewed If no: clearance denied and candidate notified Clearance Letter, access voucher code, scheduling instructions given Candidate schedules exam No refunds Selects testing location Examination Scheduling Candidate receives clearance, access voucher code, and scheduling instructions Creates a Kryterion test taker profile Selects date & time based upon testing center availability Selects testing location Enters customized access voucher code as payment & submit Arrives on testing day and takes the exam Cancellation & Rescheduling 3

4 There is a scheduling tutorial available at There is a CBT simulation tutorial available at Portfolio ofcertifications AACE International Certifications are Accredited Council of Engineering and Scientific Specialty Boards (CESB) CCP (formerly CCC/CCE) CCT PSP EVP CEP was submitted in April, 2013; expecting approval before end of the year 21 AACE International Certification Portfolio (5,804 certified professionals as of September 30, 2013) Certified Cost Professional (CCP) Certified Cost Technician (CCT) Certified Estimating Professional (CEP) Certified Forensic and Claims Consultant (CFCC) Certified Schedule Technician (CST) *New Decision and Risk Management Professional (DRMP) *New Earned Value Professional (EVP) Planning and Scheduling Professional (PSP) 22 Certified Cost Professional (CCP) Certified Cost Technician (CCT) Eligibility Requirements Exam Structure Eligibility Requirements Exam Structure $500 $625 $250 resit 8 years professional experience, or 4 years professional experience + 4 year related college degree 2,500 minimum word written technical paper 5 Hours maximum Closed book onscreen formula sheet(s) will be available for use as needed 120 simple and complex multiple choice continuous questions There is no break once the exam is launched* $250 $375 $175 resit 4 years professional experience, or 4 year related college degree 3 Hours maximum 100 questions Open Book (ONLY two books permitted: AACE CCT Primer and Skills & Knowledge) downloaded reference books should be printed and bound in a book; no loose paper, ipads, Kindles, etc. will be permitted for resource material. Pass/Fail Results Renewable Pass/Fail Results Renewable Pass/Fail: NOT known immediately; technical paper grade must be reviewed Pass: you can expect a virtual certificate upon receiving your overall exam result Fail: you have the option to retake the exam CCP certification is valid for 3 years and is renewable by re examination or professional credit plan. $235 $325 Pass/Fail: known immediately Pass: you can expect a virtual certificate within 7 days Fail: you have the option to retake the exam CCT certification is valid for 4 years and is NOT renewal N/A 4

5 Certified Scheduling Technician (CST) Certified Forensic Claims Consultant (CFCC) Eligibility Requirements Exam Structure Eligibility Requirements Exam Structure $250 $375 $175 resit 4 years professional experience, or 4 year related college degree 3 Hours maximum 100 questions Open Book (ONLY two books permitted: AACE CST Primer and PSP Study Guide) downloaded reference books should be printed and bound in a book; no loose paper, ipads, Kindles, etc. will be permitted for resource material. $500 $625 $250 resit 4 year college degree + 8 years verifiable claims experience + 1 certification after education (AACE's CCP, CEP, EVP, or PSP, or Certified Construction Manager (CCM) Certified Professional Constructor (CPC), Professional Engineer (PE), Registered Architect (RA) or Chartered Quantity Surveyor (CQS) +4 letters of reference +1 recent Professional Paper/Report 5 Hours maximum Open book candidate's choice of 2 reference books 100 simple and complex multiple choice continuous questions 4 written essays based upon a real life claim scenario There is no break once the exam is launched* Pass/Fail Results Renewable Pass/Fail Results Renewable Pass/Fail: known immediately Pass: you can expect a virtual certificate within 7 days Fail: you have the option to retake the exam CST certification is valid for 4 years and is NOT renewal N/A Pass/Fail: NOT known immediately; the written essays must be extracted and graded Pass: you can expect a virtual certificate upon receiving your overall exam result Fail: you have the option to retake the exam CFCC certification is valid for 3 years and is renewable by re examination or professional credit plan. $235 $325 Certified Estimating Professional (CEP) Decision & Risk Management Professional (DRMP) Earned Value Professional (EVP) Planning & Scheduling Professional (PSP) Eligibility Requirements Exam Structure $500 $625 $250 resit 8 years professional experience, or 4 years professional experience + 4 year related college degree Pass/Fail Results 5 Hours maximum Closed book 120 simple and complex multiple choice continuous questions, including written memo There is no break once the exam is launched* Renewable Recertification Process Pass/Fail: NOT known immediately; the written memo must be extracted and graded Pass: you can expect a virtual certificate upon receiving your overall exam result Fail: you have the option to retake the exam CEP, DRMP, EVP & PSP certifications are valid for 3 years and are renewable by re examination or professional credit plan. $235 $ Recertification Recertification Overview 29 5

6 Recertification By Examination 6

7 Written Instructions Recert by Exam To register for the exam, please login to the portal and follow these instructions: Login with your primary address and password Once logged in, Select Upcoming Events from the menu on the left. Scroll to the Exam Name you want to take, and select Read the Event Details and Registration Details Click Register for this Event Select the exam fee you are eligible to select Complete the required fields, such as: Agreement to the application terms (litd (listed under the event tdtil) details) and any comment(s) t() you wish ihto add. Click Next Confirm your information, and if correct, click Register Now Review your shopping cart, remove any unwanted items, etc. and when done shopping, select Proceed to Checkout Add any billing/address information requested, click Next Enter your credit card information, click Next Wait for confirmation/receipt. You will receive an confirmation of your transaction and information on what to do next. If you have any questions or technical difficulties, please contact us Headquarters staff immediately. Recertification by Professional Credit Plan 7

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9 Written Instructions Recert by PCP To recertify through professional credit plan, login to the portal and follow these instructions: 1. Select Online Store from the menu on the left 2. Type in Recertification in the search box Find and Select Recertification Handbook & Application 3. Add it to your cart 4. Proceed to Checkout and provide payment information. 5. Once payment has been processed, the Recertification by Professional Credit Plan Handbook & Application is downloaded to your profile to use when you are ready. To view and complete your Recertification by Professional Credit Plan Handbook & Application, conduct the following: 1. Login to the portal 2. Select "My Purchases" on the left menu. (Do not select my downloadable purchases as this is reserved for other AACE products) 3. Select My Downloadable Products link 4. Select the Recertification by Professional Credit Plan link 5. The PDF form is opened and is ready for completion. Recertification Recertification Categories Recertification by exam registration instructions Recertification by PCP registration instructions Recertification Handbook & Application Example Lists volunteer opportunities to earn CEUs Describes CEUs and how to earn them link to submit documents 53 9

10 Recertification Categories Recertification Categories Certification Summary Why should you be certified? SUMMARY It is an investment in your career. It is essential to be proficient in the principles and best practices of total cost management. Certification is verification of thatproficiency. It provides a system to indicate that a person performing the work is qualified. AACE certified individuals earn 17.4% more than an individual without the AACE certification Thank you