State of the Association Update Marlene Hyde, CCE, EVP AACE President and Jay Carson, RD-3 Oct.19, 2012 North Florida

AACE Membership Trends: 55% Increase Since 2005

Membership Growth Membership outside of North America now comprises 27% of our membership, so a 3rd interna- tional region was added in What’s driving the international growth?

International TCM Conference International Total Cost Management Conference in Dubai, UAE, Nov will be the first AACE International educational meeting outside of North America.

Net Certifications Increased

Computer Based Exams Computer-Based Exams went LIVE on Oct. 1, Candidates have a choice of 500 places in the world to take the exam. They can reserve a date to take the exam at their convenience.

Certificate Holders Earn More The most recent salary survey released by AACE International shows that the average AACE Certification Holder earns more than $5,000 more than a similar professional at the same age and experience.

Technical Board In the coming year, we anticipate more robust enhancements in the Visual Total Cost Management Framework that will make this resource an even more compelling for our members.

Decision Risk Management New certification in early 2013: Decision Risk Management Professional (DRMP) Beta testing to be completed in fourth quarter of 2012

DRMP Task Force Michael W. Curran ‐ Chair of DRMP Task Force under the Technical Board John Hollmann, PE CCE CEP and Kevin Curran* ‐ Co‐chairs of the DRMP Certification Task Force under the Certification Board David A. Norfleet, CCC CFCC David C. Brady, PE James E. Arrow Christopher P. Caddell, PE CCE Larry R. Dysert, CCC CEP Sagar B. Khadka, CCE PSP Maryam Nejad Rashmi Prasad John R. Schuyler, PE CCE Kul B. Uppal, PE CE

Annual Meeting Attendance

Online Learning Center The Online Learning Center was launched in September. There you can review audio presentations from the Annual Meeting along with the accompanying PowerPoint presentations and supporting materials for a nominal fee. Recertification points may be earned.

Seminars in A Box We released three Seminars in A Box presentations that allow sections to present the same quality seminars that are offered at the Annual Meeting.

Scholarships Increased Our college scholarship program attracted a record number of applicants, 50% more than the previous year. We will expand to international students in the coming year. We encourage you to make a voluntary contribution to the scholarship fund!

Government Liaison First Federal Agency Round Table Meeting well received by federal officials. A second meeting has been scheduled for October 26

Expanded Communication Introduction of Service Mark Revamping of Cost Engineering journal Introduction of Source on-line magazine Use of webinars More effective targeted marketing

Ethics Committee We revamped our Canons of Ethics Appointed an Ethics Committee and Developed a formal ethics complaint process.

Governance Issues Other challenges include revamping our governing structure to allow for direct input from our Technical, Education and Certification Boards in a manner that assures that we use our limited volunteer and staff resources to the maximum effect.

Financial Trends

Questions? Marlene Hyde AACE President and Jay Carson, RD-3