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Cost Engineering
Planning for Succesful Projects: Cost and Schedule Estimating for the 21st Century

Cost Engineeringhas encompasses: 

  • A "point-in-time” cost estimate
  • Sources of information
  • Schedule, used for determination of escalation
  • Technical (project) and administrative (program) risks, for determination of contingency
  • Value engineering principles, for the pursuit of a project’s best course of value
  • Business management principles, for appropriate Return On Investment (ROI) and Life-Cycle Cost Analysis
 Learn More
DOE's Cost Engineering Group

Guidance Documents

 Related Links
Association for the Advancement of Cost Engineering (AACE), International    
 
International Society Parametric Analysts    
 
DOE-AACE International Joint Agreement  (pdf)
 
Project Management Institute
 

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