Spotlight on RP 40R-08:

Contingency Estimating - General Principles

Join AACE for the latest RP Spotlight webinar: Spotlight on RP 40R-08 - Contingency Estimating - General Principles. The webinar will be held on 23 September at 11:00 AM (Eastern US).

This recommended practice (RP) of AACE International defines the expectations, requirements, and practices for risk treatment. This RP follows the steps identified in RP 62R-11, Risk Assessment Identification and Qualitative Analysis. In this process, an action owner is assigned who, working with the risk team, is responsible for devising and implementing risk response plans for those risks that were not deem acceptable in the qualitative analysis screening step. It expands on TCM Framework section 7.6.2.3 Risk Treatment and leads into 7.6.2.4 Risk Control.

This session features presenters: John K. Hollmann, PE CCP CEP DRMP FAACE Hon. Life and will be hosted by Sandra Mejia Villegas.

Attendees will earn 0.1 CEUs. Registration is free, but required.

Free Webinar:

The AI-Powered Project Controls Loop: Accelerating Project Delivery and Driving Certainty

Join AACE and Alan Mosca, Co-Founder and CTO of nPlan on Sep 24 02:00 PM as we explore the evolution of the project controls loop and the transformative role of AI. This session will demystify how AI can enhance the traditional project management cycle, enabling faster, more accurate analysis, and continuous project oversight. We'll show how an AI trained on large volumes of past project data can turn the project controls loop from a monthly, manual process into a continuous, data-driven engine for project success. We’ll also share case studies of productive use of Predictive and Generative AI by teams working on large-scale energy, utilities and transportation projects including LNG Canada, Chevron, and Transpennine Route Upgrade - and talk about the emergence of a new phenomenon: ‘AI-first’ project controls and delivery teams.

Registration is free, but required.

Hybrid Technical Event:

US Steel Industry Outlook

AACE National Capital Section is proud to host Laura Hodges, US Steel Market Consultant at MEPS International, for a timely discussion: “Tariffs, High Interest Rates, Decarbonization — and the Impact on the US Steel Industry.” This event will be held in-person at the AECOM office in Arlington, VA as well as virtually for those who cannot attend in-person.

The US steel industry is at a turning point:

- New domestic capacity is coming online.

- Tariffs (now at 50%) are sharply reducing imports.

- High interest rates are dampening demand.

- Decarbonization efforts are reshaping long-term strategies.

What does this mean for US steel prices and market dynamics? Laura will share the latest outlook, highlight risks, and point to signposts that may shape the industry’s future.

Attendees will earn 0.1 CEUs. Registration is free but required for either the virtual or in-person event.

Member-Only Event:

Ethics, Projects, & the Practice of Cost Engineering - Webinar

A free webinar for members only will be held on October 20 from 1PM-2PM Eastern (US) featuring Akin Oni, a senior global project executive and AACE Education Board member. In an era of trillion-dollar capital flows, AI-driven decision-making, and high-stakes project delivery, the true currency of the cost engineering profession is not just data—it is ethics. This transformative session will challenge AACE International members worldwide to reimagine ethics not as a compliance checkbox but as a strategic enabler of trust, transparency, and long-term value.

Real-world case studies drawn from Africa, Asia, South America, and North America will unpack the often-unspoken ethical dilemmas that define our projects and careers. Participants will gain practical tools, decision frameworks, and a renewed sense of professional identity rooted in integrity.

Attendees will earn 0.1 CEUs. Registration is free, but required.

AACE Welcomes New Sections

+ Info on How to Join a Section

AACE welcomes the following new sections:

- Ireland

- Syria

Participation in AACE local sections is included in your membership dues. AACE has over 9,500 members in 100 countries. Sections connect you to members, professionals, and resources in your area. Expand your network, meet new people, attend locally organized events, and get involved. Follow these instructions to join a section.

RICS Global Construction Monitor

Survey Closes October 20

The latest survey is closes October 20th. Please participate now.

The RICS Global Construction Monitor is a series of reports published by the Royal Institution of Chartered Surveyors that serves as a leading sentiment indicator for construction and infrastructure markets worldwide. It provides data and analysis on market conditions across major regions, including the UK, Europe, Asia Pacific, North America, the Middle East, and Africa. The report highlights trends in construction workloads, future expectations, challenges like material costs and skills shortages, and areas of growth, such as infrastructure.

myAACE:

AACE's online community platform

myAACE is AACE’s online community platform, where members connect, collaborate, and share insights across all areas of cost engineering and project controls. Explore these top discussions and join the conversation:

* ‎Cost Estimating Community: Estimating GCs, OHs and Profit Discussion

* Planning & Scheduling Community: How to Run a P6 Schedule Report that Identifies Logically Tied Activities to a Static Baseline

* Open Forum Community: Bid / Tender Issues