AACE Certification Background, Overview and Process Rocky Mountain Section September 22, Ken Cressman EVP PMP CCP Robert Van Gundy PMP PSP EVP

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1 AACE Certification Background, Overview and Process Rocky Mountain Section September 22, 2016 Ken Cressman EVP PMP CCP Robert Van Gundy PMP PSP EVP 1

2 AACE Certification Background A Portfolio of Distinction 2

3 AACE Certification Background Three Types of Certifications: Expertise Technician Professional

4 AACE Certification Background Certified Forensic Claims Consultant (CFCC) Decision & Risk Management Professional ( DRMP) Certified Cost Technician (CCT) Certified Scheduling Technician (CST) Expertise Technician Professional Certified Cost Professional (CCP) Certified Estimating Professional (CEP) Earned Value Professional (EVP) Planning & Scheduling Professional (PSP)

5 AACE Certification Background Technician Professional Expertise CFCC DRMP PSP EVP CEP CCP CCT CST 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. 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. 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. 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; generating relevant reports, understanding and analyzing the information reported, 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). 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. A CCP is an experienced practitioner with advanced knowledge and technical expertise to apply and communicate the broad principles and best practices of Total Cost management (TCM) in the planning, execution and management of any organizational project or program. A CCT is an individual who has demonstrated proficiency in the basic skills and knowledge of total cost management. Generally, those seeking CCT certification represent early-career, young professionals who have not yet achieved the requisite years of experience needed to become certified as a Certified Cost Professional (CCP), or experienced mid- to late-career professionals who are working to advance their cost engineering skills. A CST is an individual who has demonstrated proficiency in the general skills and knowledge of the scheduling process within the AACE International Total Cost Management (TCM) framework. Generally, CST represents early-career professionals who are working to gain the requisite years of experience, to become a certified Planning & Scheduling Professional (PSP) or more experienced mid- to late-career professionals who wish to be recognized for their planning and scheduling skills. 4 year degree & 12 years experience + more 4 year degree & 8 years experience + more 8 years of experience or 4 years of experience and 4-year degree 4 years of experience or education

6 AACE Certification Background Technician Professional Expertise CFCC DRMP PSP EVP CEP CCP CCT CST 5 hours maximum 100 simple MCQs & 4 Written Essay Assignments Any style, battery operated calculator permitted Open Book* 5 hours maximum 119 simple and compound scenario MCQs 1 Memo writing assignment Any style, battery operated calculator permitted Closed Book 5 hours maximum 120 simple and compound scenario MCQs Any style, battery operated calculator permitted Closed Book 3 hours maximum 100 MCQs Any style, battery operated calculator permitted Open Book* *Candidates Choice of two reference books, maximum Testing: Legal, Damages, Scheduling, Project Management and Ethics related circumstances. Testing: Basic Cost Engineering and Statistics, Economic Analysis and Decision & Risk Management Practices Testing: Basics of Planning & Scheduling and Planning and Scheduling Applications. Testing: General Earned Value Concepts, Organization, Planning, Scheduling and Budgeting, Complex Earned Value Application, and Accounting, Analysis and Reporting. Testing: Cost Estimating Knowledge, Principals and Practices Testing: Basic Cost Engineering Skills & Knowledge, Economic Analysis, Project Management and Cost Estimating and Control. *Only two books permitted: AACEs CST Primer & AACEs PSP Study Guide Testing: Basic Supporting Skills & Knowledge *Only two books permitted: AACEs CCT Primer & AACEs Skills & Knowledge Testing: Basic Scheduling Skills & Knowledge

7 AACE Certification Renewal Certified Forensic Claims Consultant (CFCC) Decision & Risk Management Professional ( DRMP) Certified Cost Technician (CCT) Certified Scheduling Technician (CST) Expertise Technician Valid for 4 years Not eligible for renewal Valid for 3 years Renewed through re-examination or accumulation of CEUs Professional Certified Cost Professional (CCP) Certified Estimating Professional (CEP) Earned Value Professional (EVP) Planning & Scheduling Professional (PSP)

8 Accreditation AACE International is proud to achieve CESB s accreditation for: Certified Cost Technician (CCT) Certified Cost Professional (CCP) Certified Estimating Professional (CEP) Earned Value Professional (EVP) Planning & Scheduling Professional (PSP) Maintaining CESB accreditation status assures the certification process and related operations conform to accepted standards and best practices in the engineering and scientific specialty community and the credentialing industry. Maintaining CESB accreditation status enhances the value of AACE credentials, by demonstrating a successful completion of a rigorous application and examination process that has been reviewed and found worthy by an independent third party.

9 Certification Program FAQs Why should you be certified? Certification is an investment in your career. Certification is essential to be proficient in the principles and best practices of total cost management. Certification provides verification of your proficiency. Certification provides a system to indicate that a person performing the work is qualified. AACE certified individuals earn 17.4% more than an individual without AACE certification

10 Certification Program FAQs

11 Where to Find Answers for Certification Questions

12 Where to Find Answers for Certification Questions

13 Where to Find Answers for Certification Questions Website

14 AACE Certification Overview A Portfolio of Distinction 14

15 Certification Overview

16 Certification Overview

17 Certification Overview Provides detailed registration & scheduling information, tutorial links, and special accommodation request form.

18 Certification Overview

19 Certification Overview Provides the portfolio of certifications offered, eligibility requirements, study materials and fees. A toolbox is available for each certification for items needed, helpful templates and exam checklist.

20 Certification Overview Provides what to expect on exam day, exam structure, cancellation & rescheduling policy, results policy, and certification exam survey.

21 Certification Overview Provides options & instructions for recertifying, volunteer opportunities and a Recertification handbook example.

22 Certification Overview

23 Certification Overview Provides a thorough list of commonly asked questions & answers.

24 AACE Certification Process A Portfolio of Distinction 24

25 Certification Process 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

26 Application & Payment 30 Days to submit eligibility documentation 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 Examination Registration

27 Candidate receives clearance, access voucher code, and scheduling instructions Creates a Kryterion test taker profile Selects testing location Examination Scheduling

28 Certification Process

29 Certification Process

30 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 Examination Scheduling

31 SUCCESS!!!

32 Certification Process

33 There is a scheduling tutorial available at There is a CBT simulation tutorial available at 33

34 Recertification Process 34

35 Recertification Process 35

36 Recertification Process

37 Recertification By Examination

38 Exam Recertification Process 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 (Recertification by Examination) Complete the required fields, such as: Agreement to the application terms (listed under the event details) and any comment(s) you wish to 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 Headquarters staff immediately.

39 Professional Credit (CEU) Recertification Process

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50 CEU Recertification Process 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.

51 CEU Recertification Categories

52 Thank you QUESTIONS??? 52

53 Thank you