(PUBLIC REVIEW DRAFT – Open until June 2, 2024) 10S-90: Cost Engineering Terminology (Rev. April 18, 2024)
The following new and revised terms and definitions are being considered in this update:
New) KEY QUANTITY
(New) TOTAL INVESTMENT COST
(New) TOTAL INSTALLED COST
(Revised) RISK APPETITE
(New) RISK CAPACITY
(Revised) RISK TOLERANCE
(Revised) ISSUE
(Revised) PERT (PROGRAM EVALUATION AND REVIEW TECHNIQUE)
(New) PERT CRITICAL PATH
(New) PORTFOLIO SCHEDULE
(New) PROGRAM SCHEDULE
(Revised) PROGRAM
(Revised) PORTFOLIO
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Christian Heller
Director of Technical Guidance
AACE International
cheller@aacei.org------------------------------