Latest News and Events
This section covers the latest news from the ACostE and lists ACostE and associated events taking place over the coming months.
New Opportunities for ACostE Members
The Engineering Committee would like to make our members aware of significant opportunities that are theirs through our new Licensee relationship with the Institute of Highway Engineers (IHE). IHE is licensed for the award of the Engineering Council professional qualifications of Engineering Technician (EngTech) and Information Communication Technology Technician (ICTTech).
The Engineering Council registration statistics show that these professional qualifications are growing, in both popularity and employer demand, at an increasing rate and it is through our relationship with IHE that these professional qualifications are available to suitably qualified and experienced ACostE members.
The present COVID19 pandemic makes it difficult to achieve the CEng and IEng professional qualifications because they demand a face to face interview. EngTech and ICTTech can be achieved on the basis of a document submission demonstrating practical experience and competence.
So, what is stopping you achieving this valuable and visible recognition of your experience and professionalism? Absolutely nothing, providing you have the necessary qualifications and experience – and we, on the Engineering Committee will help you along every step of the way.
EngTech and ICTTech registration is not dependent on formal academic qualifications but you would typically be expected to hold a Level 3 qualification, such as a modern apprenticeship, an NVQ, an HND/HNC or City and Guilds relevant to your occupation.
If you are interested in taking up this opportunity or would like some more information, then contact the Sandbach office at enquiries@ACostE.org.uk.
International Cost Management Standard, 3rd edition (ICMS 3)
ACostE is a founder member of the ICMS Coalition. Please find below a link to the draft International Cost Management Standard (ICMS) 3 for your review and comment. The closure date is 10 September 2021.
Please share the link with anyone else you consider may be interested in this.
This third edition of ICMS recognises the criticality of consistently reporting carbon emissions if a disaster caused by global climate change is to be averted. By providing a common reporting framework for capital costs, life cycle costs and carbon emissions, it allows their interrelationship to be explored, and provides the data to make decisions about the design, construction, operation and maintenance of the built environment that optimises environmental sustainability.
In addition to extending the use of ICMS to carbon emissions, the Standard Setting Committee has taken this opportunity to add five new project types: ‘Offshore structures’, ‘Near shore works’, ‘Ports’, ‘Waterway works’ and ‘Land formation and reclamation’ as well as making minor modifications in response to feedback received from practitioners.
Considering these changes, the ICMS Coalition has decided to change the title of ICMS to 'International Cost Management Standard', which, while retaining the same acronym, reflects the broader, high-level scope of its contents. Nevertheless, the structural framework of ICMS remains unchanged, allowing comparisons with reports of capital and life cycle costs that have been produced in accordance with the first and second editions. As a result, those familiar with the second edition will find little different in this third edition other than the inclusion of carbon emissions and the extension of project types.
As well as commenting on the consultation draft, we would also like you to complete a short questionnaire. This is used to pose some specific questions about the draft standard and to collect some general details about those taking part in this consultation, which help us to asses the breadth of the response.