Source Extra

Revised AACE Terminology Recommended Practice Released

This document provides terms commonly used in all facets of cost engineering and in total cost management. Unless otherwise noted, all terms contained in this document have been developed by various AACE International technical subcommittees, special interest groups, or project teams. All terms have been subject to a thorough review process, followed by approval by the AACE International Technical Board…

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Vidya Wati Uppal turns 106

Mrs. Vidya Wati Uppal turned 106 years old on August 14, 2022. She is the mother of AACE Technical Board Member Kul Uppal, PE CEP DRMP Emeritus. He says, “Even at this age her memory is super sharp, although her mobility has gone down. She has a tough time getting out of her bed by herself. She is in a nursing home in the Chicago area. She needs 24/7 attention.”

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Technical Board Spotlight

A Primer for Claims and Disputes (Claims 101)

The AACE International Claims & Dispute Resolution Subcommittee (“CDR Subcommittee”) is a group of professionals and experts actively involved in the preparation, analysis, management, mitigation, and resolution of claims and disputes on projects. The general purpose of the CDR Subcommittee is to provide a neutral, professional forum where professionals involved in the claims and dispute process can meet, discuss, and develop technical content about issues of common interest. These claims-related issues are typically focused on the analyses of schedule delay, disruption, and damages quantification, which also include assessments of entitlement and responsibility…

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Moss Builds New Formula 1 Racetrack in Miami

A once-in-a-lifetime experience is how Moss employees viewed winning the bid to build a Formula 1 racetrack that opened in May in Miami. Racing enthusiast themselves, the employees were ready to tackle the challenge of the mandate for the project to be fully completed within 9 months. This tight timeline was necessitated by the fact the first race was already scheduled prior to award of the construction contract…

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Certification News

AACE International Certification Program: Growing in Recognition and Strength Globally

AACE International’s Certification program continues to grow in recognition and strength globally. While challenging to achieve, the industry recognition that comes to those who have achieved our certifications continues at a very robust pace. During the June 2022 Annual AACE International Conference and Exposition, the Certification Board participated with the Technical and Education Associate Boards to provide conference attendees insights into the activities by the AACE headquarters liaisons and the volunteers comprising these three essential bodies within the overall AACE organization. This article is based on that presentation…

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