EM Applied Cost Engineering (ACE) Team Objectives

To meet the challenge of improving cost management, the DOE EM project managers and staff must be knowledgeable of the cost engineering methods, the process of cost estimating and validation, and to integrate this understanding into the project management routine.

Objectives of the ACE Team include:

• Establish capabilities to resolve cost information and cost engineering issues.

• Share lessons learned and exchange information between sites to enact higher standards of cost engineering, control, and evaluation throughout the EM complex.

• Establish standards and procedures for centralized collection of scope and cost data.

• Provide Field and HQ professionals training on cost estimating, cost validation, and tools, consistent with EM and the Office of Engineering and Construction Management (OECM) training programs.

• Provide and maintain cost information which support EM cost estimates.

• Maintain a standardized vocabulary of terms that may be applied to cost estimates within the DOE, other Federal agencies, and commercial industry for cost comparison purposes.