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AACE Offering New Professional Guidance Document (PGD-02), Guide to Quantitative Risk Analysis (QRA)

In 2008, the AACE International Decision and Risk Management (DRM) Technical Subcommittee launched an effort to greatly expand the repertoire of recommended practices (RPs) on risk management with a particular focus on quantitative risk analysis (QRA)…

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AACE International Announces New Certification Institute

In 2022, AACE International will launch the AACE International Certification Institute, an affiliated organization, to manage its renowned certification program and activities. The Institute will develop, oversee, and manage professional certification programs associated with Total Cost Management and related practices, and promote such certification programs to individuals and businesses in furtherance of the cost management profession…

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Spotlight on Ajay Raman

Ajay Raman is a senior lead consultant scheduler for WSP USA, based in San Antonio Texas. Until recently, he was a regional scheduler for Zachry Construction Corporation, San Antonio, Texas. He has over 13 years of experience in the construction industry, in different geographic areas, and has been involved with projects of varied scope and complexity. About 10 years of his cumulative experience has been in project scheduling and controls…

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Spotlight on Maelyn Uyehara

Maelyn Uyehara is a principal cost manager for Rider Levett Bucknall (RLB), a global construction consultancy firm. Her more than 25 years of experience in the industry span a variety of project types across Hawaii’s private and public sectors, as well as with US government projects in Japan, Guam, Saipan, Kwajalein, Midway Atoll, American Samoa, Diego Garcia and Korea…

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Certification News

Understanding and Estimating Escalation

With the present global supply chain interruptions and rising inflation, there is an ever-increasing focus and concern for getting future project cost estimate escalation properly calculated and communicated. Project owners should understand and address the escalation risk exposures their projects may face in both the near and long terms. Ensuring your team is prepared to defend its cost escalation calculations is best done through conformance with the required skills and knowledge that all CEP certification holders possess…

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Technical Board Spotlight

Part 2 – Six Elements of Project Controls; Quality

In August 2021, I provided a short article on the six elements of project controls. The previous article provided a summary overview of the elements required for successful project delivery. In today’s article, I will briefly discuss the quality measures required to further support the value that the six elements of project controls bring to an organization…

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In Memoriam, November 2021

Thomas Lee Barlow, 92, a longtime AACE International member and volunteer, passed away at League City, Texas at 8:07 a.m. on Monday, Oct. 22, 2021. He died peacefully in his sleep from congestive heart failure, pneumonia, and other health complications. He had been a resident at the Crossings in League City for four months…

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