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Class Description

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ACEIT Advanced Model Builders

Untitled

Includes ACE, CO$TAT and POST Tools

COURSE LENGTH: 4 Days (8:30am - 4:30pm)

Description:Designed for students that want to enhance their cost estimating models with more advanced features of the ACEIT suite, this course will take your ACEIT skills to the next level. Student receive hands-on experience in ACE and learn how the other tools in the suite support estimate construction and reporting. Students take full advantage of the suite, starting with the model from the ACEIT for Model Builders class and adding advanced functions, data tables, User Defined Functions, and more, in order to create a fully functional, comprehensive, robust cost model.

You'll learn how to:

ü  Incorporate duration

ü Comprehensive use of What-If Cases

ü  Use advanced ACE functions

ü  Develop and work with CERs

ü  Calculate monthly

ü  Model uncertainty on your point estimate

ü  Create Watch Windows

ü  Define and use data tables

ü  Time phase your estimate

ü  Utilize plugins

ü  Incorporate sunk costs

ü  Much, much more...


Prerequisites:Successful students should already have a working knowledge of the cost estimating process and spreadsheet operations. This class is designed as a follow-up to the ACE for Model Builders course; students should be familiar with the ACEIT suite. This course focuses on how to use ACEIT’s advanced features and does not teach underlying cost estimating principles. 

 

INTRODUCTION

Module 1 – Ace Overview

Module 2 – Ace Functions - Basic

Module 3 – Modeling Duration

Module 4 – Dynamic Schedule Modeling with Spread Total Methods

Module 5 – Enhanced Phasing Methods

Module 6 – Data Tables

Module 7 – ACE Functions - Advanced

Module 8 – Automated LEAD/LAG Features

Module 9 – Monthly Calculations

Module 10 – Entering and Tracking Sunk Costs

Module 11 – User-Defined Functions

Module 12 – Introduction and Sources of Uncertainty

Module 13 – Probability Distributions

Module 14 – From Histogram to Simulation

Module 15 – ACE Distributions

Module 16 – Correlation

Module 17 – Allocating Results

Module 18 – ACE Plug-Ins

Module 19 – Telling a Story with ACE Charts

Module 20 – POST Features Overview

Module 21 – Using ACE Sessions in POST

Module 22 – POST Advanced Charting Types and Features

Module 23 – Automating Presentations

TABLE OF TABLES

 

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