About Us

AACE International is the largest organization serving cost management professionals across the globe with a strong membership base in 78 countries.

 

The Arabian Gulf Section (AACE-AGS) covers Bahrain and Saudi Arabia. We represent cost engineers, schedulers, estimators, planners, project managers, project controls, corporate executives, educators, consultants, value engineers and many other professional communities.

Benefits of Memberships

Join with us and gain access to a wealth of resources that will save you time and money! You’ll stay informed about the complexities of the cost and management profession.

 

Members have full access to exceptional experiences, a professional community, practical content, and essential knowledge - in addition to membership discounts on AACE products and services

Type of Memberships

 

AACE offers a number of membership options including Regular, Corporation & Organizational Membership Program (COMP), Military Service Appreciation Membership Program (MSAMP), and Student

  • Regular
  • Corporation & Organizational Membership Program (COMP)
  • Military Service Appreciation Membership Program (MSAMP)
  • Student

What are Cost Engineering & Total Cost Management?

AACE International's  Recommended Practice 11R-88, Required Skills and Knowledge of Cost Engineering, provides some answers which are excerpted here. Beyond being a guiding document for AACE International’s  education and certification developments, 11R-88 is an excellent reference for industry core competency and career model development.

 

Cost Engineering

 

Cost Engineering is the application of scientific principles and techniques to problems of estimation; cost control; business planning and management science; profitability analysis; project management; and planning and scheduling

 

Total Cost Management

 

Total cost management is that area of engineering practice where engineering judgment and experience are used in the application of scientific principles and techniques to problems of business and program planning; cost estimating; economic and financial analysis; cost engineering; program and project management; planning and scheduling; cost and schedule performance measurement, and change control.

 

Simply stated, it is a systematic approach to managing cost throughout the life cycle of any enterprise, program, facility, project, product, or service. This is accomplished through the application of cost engineering and cost management principles, proven methodologies, and the latest technology in support of the management process.

 

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SAUDI COUNCIL OF ENGINEERING

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  • AACE International advances your career - and total cost management
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