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About Us - AACE Australian Section

About Us

AACE Section in Australia

AACE Australian Section originally started as the AACE Melbourne Section in 1977 and morphed into the AACE Australian Section during the 1980’s.  Members of the AACE Australian Section who were also members of Engineers Australia (EA) took a leading role in establishing the Australian Cost Engineering Society (ACES). 

ACES is one of the Technical Societies recognised by EA which recognises the fact that most engineers worked in multidisciplinary teams and the knowledge base for those teams was developed and applied by people from many different backgrounds.

The EA Societies were open to people who were not engineers and ACES had a requirement that its key Officers were members of both AACE and EA. However, in 2018, an AACE constitutional requirement led to full separation of the two organisations, with separate elections, separate management and separation of the funds.

Thus, this required the split of board structures and funding into two distinct independent organisations. Because of this, as a first step, the AACE Australia Section held nominations and elections in the first quarter of 2019 and announced the new AACE Australian Section Board.

At that point in time, the legal structures governing the re-establishment of the AACE Australian Section had changed markedly and initially it existed in name only.

In effect, with the loss of the administrative support of Engineers Australia, the board has been establishing a new Section through the last half of 2019 and into 2020 and this activity although still ongoing, is quite well advanced.

Our Vision

To promote wider understanding in Australia that AACE members drive projects to complete on time, on cost, and meet investment and operational goals. We arm our members with the technical tools and expertise to support successful projects and programs.

Our Mission

To be the gathering place and source of thought leadership in Australia for professionals who drive successful project and program delivery.

Our Values

To promote throughout Australia that for project and cost controls professionals who are seeking to learn and demonstrate the expertise to ensure successful project outcomes, AACE international is the best source for superior technical resources and connection to industry thought leaders.

AACE International the Association for the Advancement of Cost Engineering.

With 7,000 members in 100 countries, AACE International has been serving the total cost management community since 1956. Committed to the constructive exchange of ideas between members, development of technical guidance and quality education and recognition of subject matter experts. Our members work in a variety of disciplines and across all industries.

For over 40 years AACE has been certifying individuals. We offer the following certifications: Certified Cost Professional (CCP), Certified Cost Technician (CCT), Certified Estimating Professional (CEP), Certified Forensic Claims Consultant (CFCC), Earned Value Professional (EVP), Decision and Risk Management Professional (DRMP), Certified Scheduling Technician (CST) and Planning & Scheduling Professional (PSP). AACE’s CCP, CCT, CEP, CST, EVP, and PSP certifications are independently accredited by the Council of Engineering and Scientific Specialty Boards.

What Does AACE Stand For?

Section 1 of the constitution states: “The name of this organization is AACE INTERNATIONAL, INC., hereinafter referred to as “AACE” or “the Association.” AACE previously referred to the Association for the Advancement of Cost Engineering International. The legal corporate name is AACE INTERNATIONAL, INC. The Association was chartered in 1956 as the American Association of Cost Engineers.”

STRATEGIC PLANS

Current Objectives

  • Regular virtual events for members(during COVID 19 restrictions)
  • Regular events in major cities (post COVID 19 restrictions)
  • Engage with existing and potential AACE Corporate members
  • Develop a strategy and policy for Training and Development to offer the opportunity for members to take AACE certification exams and other opportunities via AACE
  • Develop alliances with other PM organisation including PMI, AIPM and ACES for shared training & development and event opportunities
  • Develop Sponsorship opportunities with industry partners