Refer to this list for definitions of essential Project controls / Cost Engineering / Earned Value management, terms submitted by Project Controls practitioners from around the world.
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Dedicated online training module in a structured and professional manner allows candidates to demonstrate competency in specialized tools and services such as decision analysis, cost risk and uncertainty analysis, and schedule risk analysis.
Candidates can also demonstrate strong communication sk
Dedicated online training module in a structured and professional manner allows candidates to demonstrate competency in specialized tools and services such as decision analysis, cost risk and uncertainty analysis, and schedule risk analysis.
Candidates can also demonstrate strong communication skills to connect with all levels of project stakeholders and are increasingly employed by owners and stakeholders in their decision-making process whether it is for a go, no-go decision on an investment interest or determination of time and cost contingency amounts for capital projects.
AACE discontinues the DRMP certification; however, we are retaining this course for those who would like to understand the concept of Decision and Risk management purely from a knowledge perspective. In the meantime, we are working with AACE’s new certification in this subject domain and look forward to releasing the training program soon.
8-years of industry related experience, of which 4-years must be directly related to the field of decision and risk management, demonstrated by providing any combination of the following:
Three (3) letters of recommendation from the clients (past or present) describing the complexity of the project, type of risk management implemented on the project and the candidate’s role in the implementing or providing such risk management services, or
Three (3) work products personally produced by the candidate that demonstrates having performed any aspect of the risk management work (decision analysis, schedule and cost risk analyses, implementation of risk management programs, risk workshops, etc.) on his or her projects. For example, a candidate may provide a total of three (3) letters of recommendation or three (3) work products, or combining two (2) letters of recommendation and one (1) work product, or one (1) letter of recommendation and two (2) work products, etc.