Certification and Training for Cost Estimating and EVM Analysis
Because the experience and skills of the members of a cost estimating team are important, various organizations have established training programs and certification procedures. For example, ICEAA’s certification program provides a professional credential to both members and nonmembers for education, training, and work experience and a written examination on basic concepts and methods for cost estimating. Another example is the cost professional certification offered by AACEI; it requires candidates to have the requisite experience and the ability to pass a rigorous written exam. The Defense Acquisition University also provides three levels of certification in cost estimating which require the candidate meet education and experience requirements and complete several courses in acquisition and estimating topics. Several associations and other organizations also offer certifications in the area of cost estimating.13
Cost estimators should have both the requisite formal training and substantial on-the-job training to develop cost estimates and keep those estimates updated. Continuous learning by participating in cost estimating and EVM workshops is important for keeping abreast of the latest techniques and maximizing lessons learned. Agency cost estimators and EVM analysts, as well as GAO’s auditors, should attend such workshops to keep their skills current. Maintaining skills is essential if subject matter experts are to be relied on to apply best practices in their roles.
For example, Naval Postgraduate School offers a Master’s degree in cost estimating and the Guild of Project Controls has certification programs in cost management, planning, and project controls.↩︎