What is Cost Engineering?

摘要

Jn your career, you have probably asked or been asked, "What is cost engineering? What does a cost engineer do? What is total cost management (TCM), and so on. AACE International's 2006 update of Recommended Practice 11R-88, Required Skills and Knowledge of Cost Engineering, provides some answers which are excerpted for this article. The full 22 page 11R-88 document is available free to AACE International members at our website, www.aacei.org. 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.