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AACE International
aace International Examinee Format of Definitions Certified Estimating Professional (CEP). The basis behind the selection of terms and definitions is as follows: Estimating Exam Scope The exam will include the following estimating functions: a. Scoping b. Quantification c. Costing d. Pricing e. Change Order Estimates f. Estimating Database Development The end of the estimating process will be the input to the cost control budget. The following will not be included in the examination: a. Valuation/Appraisal Estimating b. Estimates for economic analysis which include operating costs c. Bid award analysis When there were multiple terms with the same definition, the task force attempted to identify a recommended term and referenced all similar terms back to the recommendation. All definitions considered by the task force have been included in this list.
Cost Engineering Terminology AACE International Certified Estimating Professional (CEP) Examinee Format of Definitions
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