ACEIT for Reviewers
An introductory course for users reviewing an existing ACE Session.
Includes ACE
Training Formats:
Open Training
Self-Paced
Onsite Training
Description:
This is an introductory course on how to review a completed model using ACE. Students will learn techniques for exploring and understanding a model.
This course includes recent Inflation/Escalation changes to the software.
- Navigate the main components of an ACE Session
- View the Session Properties
- Run the Session Analyzer
- Scan Session Review Tags
- Review the Revision Log
- Review Session Documentation
- Dissect Model Structure
- Learn how to trace the logic of the estimate structure
- Understand the Drivers of a Model
- Understand estimating methods
- Spot a Function and determine how it is calculating
- Calculate the estimate
- See Data Tables and understand their layout
- Review Sunk Costs in a model
- Examine Uncertainty in the model
- Review RI$K session options
- Examine method and input uncertainty
- Measure correlation in a session
- Calculate with RI$K
- View RI$K allocation Results
- Study Model Results
- Visualize results with Charts
- Review Reports
- Evaluate Cases
Successful students should already have a basic knowledge of the cost estimating process and spreadsheet operations. This course focuses on how to use ACEIT and does not teach underlying cost estimating principles.
Module 1 – ACE Overview
Module 2 – Investigating Model Configuration
Module 3 – Reviewing Documentation
Module 4 – Dissecting Model Structure
Module 5 – Understanding Methodology
Module 6 – Examining Model Uncertainty
Module 7 – Studying Model Results and Charts
Module 8 – Reviewing Reports
Module 9 – Evaluating Cases
Open Training
- In-person classes taught by ACEIT Certified Instructors.
- Classes are held in the Washington DC area unless otherwise indicated.
- Classes runs for 2 consecutive days (8:30 am – 4:30 pm) on location.
- Hardcopy Training Manual.
- Electronic Starting and Results files.
Self-Paced
- Designed to allow you to learn at your own pace.
- Instructional Videos accessed online through the Media Center.
- Includes up to 4 remote tutoring hours with an ACEIT Certified Instructor.
- Hardcopy Training Manual.
- Electronic Starting and Results Files.
Onsite Training
- In-person classes taught by ACEIT Certified Instructors.
- Economical option for 5 or more students at your organization.
- Classes on 2 consecutive days at your location or virtual available.
- Hardcopy Training Manual.
- Electronic Starting and Results Files.
Upcoming Courses
Interested in tutoring services?
This course can be taught at your location. To request an onsite training quote, submit a request.
Don’t see a class you’re looking for or need additional information?
Contact the ACEIT Training Coordinator
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