Regulation and Licensure in Engineering - Title Usage - International Professional Bodies

International Professional Bodies

The AACE, a professional body for Cost Engineers, explains why a technical engineering background is not required for their profession with the following statement:

The skills and knowledge required to deal with costs (e.g., cost estimating, planning and scheduling, etc.) are quite different from those required to deal with the physical design dimension. From that difference, the field of cost engineering was born. Cost engineering practitioners work alongside of and are peers with engineers, software analysts, play producers, architects, and other creative career fields to handle the cost dimension, but they do not necessarily have the same background. Whether they have technical, operations, finance and accounting, or other backgrounds, cost engineering practitioners need to share a common understanding, based on "scientific principles and techniques", with the engineering or other creative career functions.

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