aace
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Recommended Practice
Total CostManagement®
Framework:
Total CostManagement is asystematic approachto managing cost
throughout the lifecycle of any enterprise, program, facility, project, product or service.AACE’s flagship publication, the TCM Framework: An IntegratedApproach to Portfolio, Program and Project Management, is astructured, annotated process map that for the first time explains eachpractice area of the cost engineering field in the context of itsrelationship to the other practice areas including allied professions.
Visual TCMFramework:
Visual TCM graphicallydemonstrates theintegration of thestrategic assetmanagement andproject controlsprocess maps of the TCM Framework. The Visual TCM application hasbeen designed to provide a dynamic view of the TCM processes, fromthe overall strategy process maps to the mid-level processes anddetailed activities. The processes are hyperlinked, giving the user theability to move to and from related process maps and reference
Recommended Practice
This Recommended Practice (RP) is brought to you aspublic service by AACE International, the Authority forTotal Cost Management.
The AACE International Recommended Practices arethe main technical foundation of our educational andcertification products and services. The RPs are a seriesof documents that contain valuable referenceinformation that has been subject to a rigorous reviewprocess and recommended for use by the AACEInternational Technical Board.
AACE International is a 501(c)(3) non-profitprofessional association serving the total costmanagement community since 1956. AACEInternational provides its members and stakeholderswith the resources they need to enhance theirperformance and ensure continued growth andsuccess. With over 8,500 members world-wide, AACEInternational serves total cost managementprofessionals in a variety of disciplines and across allindustries. AACE International has members in 87countries. If you share our mission to “enableorganizations around the world to achieve theirinvestment expectations by managing and controllingprojects, programs, and portfolios and create value byadvancing technical knowledge and professionaldevelopment”, then we invite you to become one ofour members.
In addition to this and other Recommended Practices,
here are just a sample of the products and services that
AACE has to offer you:
management. Comprehensive, well organized, and timely, each PPG is acollection of selected articles covering a particular technical topic areaor industry segment. The PPGs provide an excellent source of referencematerial and is a welcome addition to any reference library.
Certification:
Since 1976, AACE hasbeen certifyingindividuals as CertifiedCost Consultants(CCC)/Certified CostEngineers (CCE);Certified CostTechnicians (CCT);
Certified Estimating Professionals (CEP); Certified Forensic ClaimsConsultants (CFCC); Earned Value Professionals (EVP); and Planning &Scheduling Professionals (PSP). In the midst of staggering business andeconomic turmoil, you need all the tools at your disposal to help shoreup your career prospects. AACE certification can help you and theorganizations that rely on you for help!
Online LearningCenter:
The Online LearningCenter featuresmodules based uponactual technicalpresentations captured
material. This allows for the optimal effectiveness of understanding andusing the process and sub-process in the context of and relationship toassociated sub-processes that share common strategies and objectives.Visual TCM allows the user to view and apply TCM section-by-section,at a sub-process or functional level. Visual TCM is available to membersat no extra fee.
Virtual Library:
Members receive freeaccess to the VirtualLibrary, an onlinecollection of over 5000complete technicalarticles on virtuallyevery aspect of costengineering. Searchthis extensive database and immediately retrieve the best techniquesand potential solutions to the problems confronting you and yourorganization.
ProfessionalPractice Guides(PPGs):
Professional PracticeGuides contain themost worthwhilecontributions to thefield of total cost
Recommended Practice Recommended Practice
Discussion Forums:
The discussion forumsencourage theexchange of thoughtsand ideas, throughposting questions anddiscussing topics. They
provide a great means for networking and interaction with your peers.Participate anytime at your convenience and receive automatic e-mailnotifications on topics that are of interest to you. With several thousandusers, if you have questions or concerns about a technical subject,program, or project - the forums are a great resource for you.
Mentoring Program:
Looking to gain moreknowledge from anexperiencedprofessional or anopportunity to helpanother professional?Included with your membership, AACE offers a comprehensivementoring program for individuals interested in sharing knowledge withothers or advancing their own careers to the next level.
Recommended Practice
at our Annual Meetings. Each recorded unit includes a live audiorecording of the speaker synchronized to the slides accompanying thepresentation. Each unit includes the technical paper associated with thepresentation, and a downloadable audio-only version that you may playon your mobile device or iPod. Completion of each unit earns 0.1 AACErecertification credits (i.e. 0.1 CEUs). An electronic certificate ofcompletion will be attached to your profile.
Conferences:
AACE International’sAnnual Meeting bringstogether the industry’sleading costprofessionals in aforum focused onlearning, sharing, andnetworking. Over 100hours of technical presentations and an industry tradeshow that willchallenge you to better manage, plan, schedule, and implementtechnology for more effective and efficient business practices.
The International TCM Conference is a similar event that is held outsideof North America – complete with technical presentations, seminarsand exhibits.
Recommended Practice