1. The Association of Cost Engineers THE ASSOCIATION OF COST ENGINEERS www.acoste.org.uk Cost Engineers A Tiered Approach to Accreditation

2. The Association of Cost Engineers Certified Cost Engineer (CCE) Existing Certified Cost Engineer Internationally recognised qualification that confirms the holder to be an experienced cost engineer, actively engaged in the practice of cost engineering or its supervision International Cost Engineering Council (ICEC) regulated Existing Route to Certification: –Appropriate Academic Qualifications plus –4 Years Relevant Professional Experience –Practice Paper –Summary of Experience –Interview

3. The Association of Cost Engineers But now there is an alternative … People like to be able to see and demonstrate learning progression. (This is supported by Academic Research) Universities accept GCE results from other matriculation boards, not just their own. Other professional organisations and bodies accept equivalent qualifications also The ACostE objective of co-operation with similar bodies suggests an acknowledgement of their ability to recognise competence in cost engineering Some corporate organisations have certification schemes already Certified Cost Engineer (CCE)

4. The Association of Cost Engineers Enhancing our Qualification with a Tiered Approach to Accreditation Trainee Cost Engineer (Level 2) Certified Cost Engineer (CCE) Trainee Cost Engineer (Level 1) Registered Cost Engineer (RCE) Enrolled Cost Engineer Demonstrable Competency People like to be able to see and demonstrate learning progression … Unitised competencies that build on the previous level General professional competencies as well as cost engineering technical skills Assessed through evidence of practical experience

5. The Association of Cost Engineers Already have a qualification? Trainee Cost Engineer (Level 2) Certified Cost Engineer (CCE) Trainee Cost Engineer (Level 1) Registered Cost Engineer (RCE) Enrolled Cost Engineer Demonstrable Competency NVQ Level 3 NVQ Level 3 NVQ Level 2 NVQ Level 2 NVQ Level 4 NVQ Level 4 National Occupational Standards in Project Control Some professional and academic bodies accept equivalent qualifications awarded by other organisations … Example:

6. The Association of Cost Engineers When is all this going to happen? A suite of Occupational Standards are being finalised: Q1-2009 Invitations to industry to review and comment on the standards: Q2-2009 Assessment of ‘equivalent qualifications’ to commence on a priority demand basis – co-operation of the awarding body would expedite this process: Q3-2009 Companies/organisations can apply for accreditation of their internal training programmes: Q4-2009 Trainee Cost Engineer (Level 2) Certified Cost Engineer (CCE) Trainee Cost Engineer (Level 1) Registered Cost Engineer (RCE) Enrolled Cost Engineer Demonstrable Competency

7. The Association of Cost Engineers In Summary: Key Features Tiered and flexible approach to accreditation Ability to enter the scheme at any level Can accommodate accreditation from other organisations (e.g. SCEA, ISPA, IMS, Academia) Multiple pathways to reach different levels of accreditation: experiential and/or academic routes Support network in the Country: NVQ to University level support Considered as a personal development programme Access to ACostE events for knowledge sharing in the UK ACostE commitment to long term partnership with Industry Trainee Cost Engineer (Level 2) Certified Cost Engineer (CCE) Trainee Cost Engineer (Level 1) Registered Cost Engineer (RCE) Enrolled Cost Engineer Demonstrable Competency This file will be updated post November 2011 conference, as we are planning to launch the New Accreditation scheme very soon (Sept-2011).