Menu
  • Home
  • ACEIT Suite
    • Product Info >
      • ACE
      • POST
      • CO$TAT
      • JACS
      • Librarian
      • ACE Plug-Ins
    • Video Overviews
    • Request Trial Version
    • Purchase
    • Testimonials
    • Welcome ACEIT 8.2
    • Product FAQ
  • Training
    • Training Options >
      • Open Training
      • Self-Paced Training
      • Tutoring & Customized Support
      • On-Site Training
      • Brown Bag Training
    • Training Videos
    • Schedule
    • Locations
    • Training FAQ
  • Public Resources
    • Resource Library
    • News Feed
    • ACEIT eNews
    • Compliance/Configuration
    • Support FAQ
  • User Resources
Log in
ACEIT Home
Home / Training / Training Options > / Open Training / Class Description

Class Description

View Schedule to Enroll

ACEIT for Model Builders

Untitled

Includes ACE, CO$TAT and POST Tools

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

Description: This is an introductory course in ACEIT 8.2, designed for students that want to build cost estimating models for their projects. Students will receive hands on experience building an estimate in ACE and learn how the other tools in the suite support estimate construction and reporting. This course was updated for the Inflation/Escalation changes to the software.

You'll learn how to:

-  Construct a WBS

-  Build equations with ACE functions

-  Build estimate equations

-  Develop and work with CERs

-  Apply inflation/escalation

-  Model uncertainty on your point estimate

-  Incorporate a learning curve

-  Create What-if cases in your model

-  Time phase your estimate

-  Create reports and chart for your cases

-  Document your estimate

-  Much, much more...

Prerequisites: 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.

ACEIT for Model BuildersCourse Outline:
Setting Up the Estimate Structure
Module 1 – ACE Introduction
Module 2 – Opening ACE and Building a WBS


Basic Methodology Implementation
Module 3 – Basic Methodology Entry
Module 4 – Types of Inputs


Entering Documentation
Module 5 – Documentation


Phasing Cost Over Years/Months
Module 6 – Spreading Total Methodologies
Module 7 – Time Phased Cost Inputs
Module 8 – Working with Phased Quantities
Module 9 – Entering Inputs to Use in Equations
Module 10 – Incorporating Learning Curves


Using and Developing Cost Estimating Relationships
Module 11 – Entering a CER
Module 12 – Using CO$TAT to Develop CERs


Intro to Modeling Uncertainty
Module 13 – Capturing Uncertainty in the Estimate


Automating the Model
Module 14 – Using ACE Functions to Automate Calculations
Module 15 – Implementing Leads and Lags


Model Revision and Debugging
Module 16 – Tracing the Methodology
Module 17 – Putting It All Together


Creating What-If Cases, Charts, and Reports (ACE and POST)
Module 18 – Cases
Module 19 – ACE Charts
Module 20 – ACE Reports
Module 21 – POST 

Popular Links

ACEIT Overview
Training Center
Purchase Options

Follow Us On LinkedIn

Subscriber Content

Inflation Indices
Patches
Instructional Videos

Help

Support Center
FAQs

Contact Us

ACEIT Sales
[email protected]

(805) 964-6963

ACEIT Training

[email protected]
(805) 964-6963

ACEIT Technical Support

[email protected]

Contact Details

Contact Us

Expand all

Collapse all

Tecolote Research, Inc. © 2004 - 2025| Privacy| Legal|  Do Not Sell My Personal Information| Cookies| About Us Tecolote logo transparent