Applying discount rates, Net Present Value (NPV), and Internal Rate of Return (IRR) to financial models.
Clearly conveying cost and schedule risks to stakeholders, project managers, and executives.
Using Cost Performance Index (CPI) and Schedule Performance Index (SPI) to track project health. Applying discount rates, Net Present Value (NPV), and
Techniques like crashing and fast-tracking to meet deadlines. 3. Cost Control and Earned Value Management (EVM)
Scheduling translates the project execution plan into a time-phased visual model. Cost engineers must master: Techniques like crashing and fast-tracking to meet deadlines
Skills and Knowledge of Cost Engineering, 6th Edition0;67;0;669;
Uncontrolled risk is the leading driver of mega-project failure. The 6th Edition transitions cost engineers away from arbitrary Cost engineers must master: Skills and Knowledge of
For many, the ultimate goal of studying this material is to earn professional credentials. This is where the "extra quality" of the 6th edition truly shines.
: Execute the project while collecting real-time cost and schedule data.
| Source | Format | Quality | Cost | |--------|--------|---------|------| | AACE International (eStore) | DRM-protected PDF | High (official) | $149+ | | Amazon / Google Books | Print / ebook | Medium (scans vary) | $80-120 used | | Interlibrary loan | Print | Variable | Free | | University library (e.g., ProQuest) | PDF download | Good | Free with access |
The methodologies outlined in the 6th Edition are industry-agnostic but hold particular weight in capital-intensive sectors: