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Core Competencies, Expectations and Career Path for an ...

Many organizations do not have competency mod-els or Career development paths for their costestimating or other cost engineering staff. Amodel helps employees understand the skillsand performance required for each position in alternate careerpaths and allows them to proactively participate in managing theircareer development. Using models, supervisors can more effec-tively lead and manage staff performance in a way that links tooverall company strategies and supports improved organizationaleffectiveness. This paper provides some background, discusses thebasic principles of competency and Career development model-ing, highlights some useful industry references, and provides anexample competency model for cost estimating : THE PROCESS INDUSTRIES' FAILURETO INVEST IN HUMAN CAPITALIn our work with many process industry owner companies, wehave only seen a handful that have any competency or careerdevelopment models for cost estimators or any other cost engi-neering discipline.

cy toolkit update in 2005 [2]. Yet, hiring is not easy for these com- ... 2006 AACE International Transactions DEV.01 Core Competencies, Expectations and Career Path for an Estimating Professional Mr. John K. Hollmann PE, CCE and Mr. Bruce G. Elliott, CCC.

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