Benchmark Cost Models

Benchmark Cost Models

Benchmarking VS Supplier Specific and other forms of Should Cost Models Throughout my years of Cost Modeling, I’ve heard many terms around the types of models created. Theoretical Optimal, Ideal, Ruthless, Benchmark, Industry Standard, Supplier Specific among others...
Upcoming Standards and Definitions

Upcoming Standards and Definitions

Here we are once again. Today’s topic will be Definitions and Standards. The goal of the Society of Cost Engineers is to set these definitions and standards. I want to assure you that not everyone will agree with them nor do we expect it. Not every Cost Engineer,...
Is Society of Cost Engineers for Profit?

Is Society of Cost Engineers for Profit?

Hello once again, In recent days I’ve been asked why the Society of Cost Engineers is a “FOR PROFIT” LLC vs a “NON-PROFIT” organization. The answer is really pretty simple. SPEED TO MARKET. After discussions with the local Small Business Administration, lawyers,...
Hello and Welcome

Hello and Welcome

Hello and welcome to the Society of Cost Engineers from the Owner and Founder Jerry Collins. If you’ve read the Founders Bio’s you already know a bit about the three of us, so I’ll try not to bore you too much. This journey officially started for me in 2003 when I...