Our Vision To be recognized technical authority in cost and schedule management for programs, projects, products, assets, and services. Our Mission The members of AACE enable organizations around the world to achieve their investment expectations by managing and controlling projects, programs, and portfolios; we create value by advancing technical knowledge and professional development.

TITLE: Total Cost Management

Remote Meeting

Presented by: Dr. Nick Lavingia, P.E. ; Chevron-Retired Project Manager, Consultant, Advisor and Trainer


In spite of increased use of sophisticated computer programs for estimating, planning/scheduling, project controls and 3D/4D modeling, industry benchmarking has consistently shown cost and schedule overruns on many projects. This practical presentation will discuss how Total Cost Management such as economic analysis, cost estimating, planning/scheduling, benchmarking, contracting/procurement, performance measurement, cost control/forecasting, progress reporting and finance/audit can help achieve pacesetter project performance on a consistent basis. Examples from both large and small actual projects will be presented to show how these practices and tools can be effectively used to provide predictable outcome and achieve business success.

Learning Objectives:

  1. How Cost Engineers can add value as a core member of the project team?
  2. What is Cost Engineer’s role throughout the life cycle of a project from ignition and planning through execution and operation?


October 13, 2022, Noon PST

Remote Link:

AACE Seattle Section :  October 13, 2022  Total Cost Management presented by Dr. Nick Lavingia, P.E.

PLEASE NOTE: If you would like to be added to the Seattle Section's mailing list to receive future notices about our meetings and events, please contact one of the presiding Officers or Directors. Visit the AACE Seattle Section on our new website at www.aaceseattle.org Anybody interested in budget control, claims management, cost engineering, cost estimating, earned value management, planning and scheduling, project control, project management, value engineering, or risk management in any industry is cordially invited. AACE Seattle Section normally meets the 2nd Thursday of each month from September through June. Each meeting with a technical presentation qualifies for .25 Continuing Education Units (CEUs).