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Certifications in Cost Estimating

Summary: Are you interested to know what internationally recognized certifications are available in Cost Estimating? There are several Cost Estimating associations that provide a variety of Cost Estimating certifications: ICEAA’s Professional Cost Estimator/ Analyst (PCEA®) AACE’s Certified Estimating Professional (CEP) ASPE’s Certified Professional Estimator (CPE) ICEAA’s Certified Cost Estimator/ Analyst (CCEA®) Watch this video to

How Cost Escalation is measured in a Cost Estimate?

According to Wikipedia.org, “Changes in the cost or price of specific goods or services in a given economy over a period of time is defined as “Cost Escalation” [1]. Very often, the common question from an owner to an estimator is “Is your estimate in current dollars or escalated dollars?” Any cost estimate is a

Top 5 Skills of a Cost Controller

Summary: Have you ever been in a project that finished over budget, and nobody could explain exactly why? Have you ever seen a cost report in a project that only showed the budget versus the expenditures? Have you ever published, or seen a cost report, and had no clue what the cost metrics meant? If

What is the Difference Between Project Controls & Project Management?

Summary: I get this question a lot, “What is the Difference Between Project Controls and Project Management?”. I believe there are 3 key differences between Project Management and Project Controls: 1- Project Control is a subset of Project Management with the primary focus of managing the project’s cost and schedule. 2- Project Manager is directing the

How to Become a Certified Cost Controller?

Summary: Are you interested to know how you can become a Certified Cost Controller? Do you know what internationally recognized certifications are available in Cost Management? AACE International provides a variety of certifications in Cost Management including: Certified Cost Technician (CCT) Certified Cost Professional (CCP) Earned Value Professional (EVP) Watch this video to learn the

How Does a Project Controller Control a Project?

Summary: Have you ever wondered how a Project Controller controls a project? Do you know what the role of a Project Controller is in a project; from its initiation to completion? An effective Project Controls starts early in the project when the project is initiated and continues throughout the project life cycle until the project

What is Negative Float and How to Deal With It in Primavera P6?

We all have learned a lot about calculating Total Float and Critical Path in a network diagram and have seen zero total floats for critical activities or positive floats for non-critical ones. In real projects, we will encounter with negative floats in a schedule network diagram. Have you ever wondered what causes the negative floats

The Winner of Project Control Article Writing Contest

Project Control Academy held its first “Project Control Article Writing Contest” in Q2 2016 and invited all Project Control Professionals from all over the world to participate in the contest. The primary reason for conducting this contest was encouraging Project Control experts to share their knowledge, experience, and expertise with other professionals. We had a