©2009 Association of Cost Engineers Ltd The information in this document is the property of The Association of Cost Engineers Ltd and may not be copied or communicated to a third party, or used for any purpose other than that for which it is supplied without the express written consent of The Association of Cost Engineers Ltd. This information is given in good faith based upon the latest information available to The Association of Cost Engineers Ltd, no warranty or representation is given concerning such information, which must not be taken as establishing any contractual or other commitment binding upon The Association of Cost Engineers Ltd or any of its subsidiaries. The Future for Cost Engineering - have your say! …a Rallying Point event Organised by the Engineering Manufacturing Committee (EMC) Dave Reuss – EMC Chair Raising the profile of cost engineering

The Association of Cost Engineers TIME AGENDA ITEMSPRESENTERS Registration Presidents Welcome Prof. R RoyPresident - ACostE Review of EMC achievements David ReussChair of the EMC Four Key Cost Subject Introductions: ▪Accreditation and Professional Development Alan JonesBAE Systems ▪Risk as a Function of Cost Kate Boothroyd The Institute of Risk Management ▪Cost Engineering - Roles and Organisations During Early Product Design Steve Wiseall Lucy Bolton Rolls Royce Plc Leeds University Business School ▪Through-life Cost Management Paul DuvallQinetiQ TEA / COFFEE Storyboard Walk Facilitated by Key Subject Leaders and Members of the EMC LUNCH (includes access to the Rolls Royce Heritage Trust Area) Round-table Discussions Facilitated by Key Subject Leaders and Members of the EMC Feedback from Round-table Discussions ALL TEA / COFFEE / CLOSE

The Association of Cost Engineers Multi-sector Experience for Good Practice in Cost Engineering Engineering Oil & Gas Construction Petrochemical Manufacturing

The Association of Cost Engineers Who are the EMC? The Engineering Manufacturing Committee (EMC) is an Interest Group within the Association of Cost Engineers, supporting and promoting the Cost Engineering function to all sectors of manufacturing industry, including those involved with: –Design & Development –Quotations or Bid Analysis –Project Management –Manufacture &/or Supply of repeat engineered products –Cost Reduction Programs

The Association of Cost Engineers EMC Member - Parent Employer Benefits Benefits enjoyed by ‘EMC member’ parent companies - gained through networking with like-minded people - already include: –Awareness of Costing Tool-sets and Methods –Application developments within non-competing company business processes –Education and Training Strategies being used between different companies –Awareness of research programmes government sponsored.

The Association of Cost Engineers Aims of this event Enable like-minded professionals to network To act as a ‘catalyst for sharing best practice’ Identify strategies that promote Cost Engineering as a profession that adds value Capture attendee ideas to enable the EMC committee to plan with focus for the years ahead To invite others, who share our passion, to get involved

The Association of Cost Engineers May-2003 Rallying Point discussion group findings Recognition of discipline & High-Level Communications (how can the ACostE help in promoting the Cost Engineer within their own parent companies and organisations?) Education & Training (what communicating opportunities exist?) Role Profile (to help in the development of the Cost Engineer role in Manufacturing and how he or she is perceived by peers) Seminar Content for events to come Advice and Support for Cost Engineers in Manufacturing Web based Communications (can mechanisms be set-up via the ACostE web-site that actively encourage sharing of knowledge and public-domain information?) Establish and maintain Standards in our discipline

The Association of Cost Engineers

The Assessment Services Centre (NVQ & competencies benchmarking) Web-site updates Discussion forums (web based) e-Learning IET/ACostE TPN (technical & professional networking) Company Membership (w.i.p ) ACostE - Past Achievements / Current Initiatives

The Association of Cost Engineers Back

The Association of Cost Engineers Back

The Association of Cost Engineers Trainee Cost Engineer (Level 2) Certified Cost Engineer (CCE) Trainee Cost Engineer (Level 1) Registered Cost Engineer (RCE) Enrolled Cost Engineer Demonstrable Competency Many seminars & networking opportunities Learning workshops (attached to seminars) Tiered Approach to Accreditation (w.i.p ) National Occupational Standards – expansion Contribution to development of new Diploma qualifications (w.i.p ) EMC - Networking Opportunities / Past Achievements / Current Initiatives

The Association of Cost Engineers University training & academic course awareness, Degree project participation for Companies, Doctorate placements within companies, European Research project involvement. Parent employer company wider benefits of Networking related to Cost Engineering