International Cost Estimating and Analysis Association (ICEAA)

Professional Cost Estimator/Analyst (PCEA)

Credential: Professional Cost Estimator/Analyst (PCEA) CA Eligible
Credentialing Agency: International Cost Estimating and Analysis Association (ICEAA)

 

The International Cost Estimating and Analysis Association (ICEAA) Professional Cost Estimator/Analyst (PCEA) demonstrates an individual's ability and understanding of math and statistics principles with engineering, program management, procurement, budgeting and accounting disciplines. Cost estimating requires a solid foundation of cost knowledge woven together with a variety of cost experiences. The PCEA examination consists of Part I of the CCEA examination that tests Foundation Knowledge and Practical Application. Candidates must have a Bachelor's degree in any field from an accredited college a minimum of two but not more than five years of cost experience, or five years of cost experience without a degree. The intent of this designation is to offer junior cost estimators a chance to validate their knowledge and show progression towards a CCEA.

More information can be found on the certifying agency's website.

Professional Cost Estimator/Analyst (PCEA)

MINIMUM REQUIREMENTS

Attainability:    medium

Eligibility Requirements (View Details)

  • Credential Prerequisite
  • Experience: 5 years
  • Education
  • Training
  • Membership
  • Other
  • Fee

Note: This credential may have multiple options for a Service member to meet eligibility requirements. Requirements listed here are based on the minimum degree required. To view other options, see the Eligibility tab.

Exam Requirements (View Details)

  • Exam
  • Written Exam
  • Oral Exam
  • Practical Exam
  • Performance Assessment

AGENCY CONTACT INFORMATION

International Cost Estimating and Analysis Association (ICEAA)

4115 Annandale Road
Suite 306
Annandale, VA  22003

Phone: 703-642-3090

Fax: 703-642-0467
Email: iceaa@iceaaonline.org

Education and/or Experience REQUIREMENTS

Option 1:

Candidates must have a Bachelor's degree in any field from an accredited college and two years of cost experience.

Option 2:

Candidates that do not have a Bachelor's degree must demonstrate five years of cost experience.

Written Exam Part I

Part I tests Foundation Knowledge and Practical Application. Part I consists of 60 multiple choice questions worth 1 point each. The applicant must pass Part I of the examination with an overallscore of 70% or greater to receive credit for the examination.

  • Cost Estimating Basics
  • Costing Techniques
  • Parametric Estimating
  • Data Collection and Normalization
  • Index/Inflation
  • Basic Data Analysis Principles
  • Learning Curve
  • Regression Analysis
  • Cost Risk Analysis
  • Probability and Statistics
  • Manufacturing Cost Estimating
  • Software Cost Estimating
  • Economic Analysis
  • Contract Pricing
  • Earned Value Management
  • Cost Management

Exam Preparation Resources

There are a number of resources available to help you prepare for the Professional Cost Estimator/Analyst (PCEA) examination:

An additional resource is O'Reilly Learning Safari Books Online, a searchable digital library that provides online access to thousands of books, training videos and conference sessions. See the Educational Resources section on the Related Sites page here on COOL to learn how to get free access.

RECERTIFICATION

Professional Cost Estimator/Analyst (PCEA)

The Professional Cost Estimator/Analyst (PCEA) credential has the following recertification information:

  • PCEA is not a renewable certification.  Once candidates have achieved five years of experience, to remain certified, they must take Part II of the CCEA exam to earn the CCEA credential.

Additional considerations for the Professional Cost Estimator/Analyst (PCEA) include:

  • Candidates applying for the PCEA because they do not meet CCEA eligibility requirements have the opportunity to take the entire CCEA examination (Part I and Part II). If they successfully pass both parts, they will be awarded the PCEA immediately, and, upon reaching five years of cost experience, will automatically receive their CCEA.

In Demand

This certification is considered in demand. The U.S. Department of Labor sponsored CareerOneStop's analysis indicates the certification is frequently mentioned in online job postings.

Click for external link to CareerOneStop's Credentials Center.

COOL Bucks

See your installation Education Service Officer for credential exam information and coordinating instructions.

COOL Summary

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COOL Summary

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COOL Summary

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Some

Credential is related to some tasks associated with the duties of the military occupation (at least one critical task but less than 80%)

Most

Credential is directly related to most of the major duties associated with the military occupation (at least 80%)

Other

Credential is related to this military occupation, but is more advanced or specialized and therefore will likely require additional education, training, or experience

CA Eligible

This certification is eligible for CA.

Promotion Points

This certification has been approved for promotion points.

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Star

Star credentials are MOS enhancing, as designated by the Proponent. MOS enhancing credentials are directly related to an MOS or ASI, are taught either partially or completely as part of a Program of Instruction (POI), and improves the MOS technical proficiency.

Skill Level

The Skill Level reflects the level, based on MOS training and/or experience, the Soldier should be the most prepared to successfully earn the credential. See the Table Legend for details about each level.

Navy Bucks

Credential voucher or reimbursement for credential exam, re-certification, or maintenance fee has been approved for payment through the Navy's Credential Program Office. To get a voucher request form, click Menu at the top of any page, then click "2 Complete Voucher and Apply" under Credentialing Steps.

CG Bucks

Current Coast Guard policy states all credentials listed on CG COOL may be reimbursed assuming the enlisted service member meets the eligibility requirements as outlined in the Coast Guard Voluntary Credentialing Program Policy (COMDTINST 1540.1(series))

Early Career

1-3 years experience; Enlisted E1 through E4

Mid Career

4-10 years experience; Enlisted E5 through E6

Late Career

10+ years experience; Enlisted E7 through E9

Early Career

1-3 years experience; Enlisted “A” School through E5

Mid Career

4-10 years experience; Enlisted E6 through E7

Late Career

10+ years experience; Enlisted E8 through E9

Early Career

1-6 years experience; Officer O1 through O2

Mid Career

6-12 years experience; Officer O3 through O5

Late Career

12+ years experience; Officer O6 and Above

GI Bill®

Reimbursement for exam fees has been approved for payment through the GI Bill.

Note: GI Bill approval data is updated quarterly. For the latest information, visit the WEAMS Licenses/Certifications Search page. Make sure to select "Both" in the LAC Category Type drop-down before searching.

Click to go to the external link for GI Bill licensing and certification information.

ANAB (ANSI)

This credential has been accredited by ANAB (ANSI).

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ICAC

This credential has been accredited by ICAC.

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ABSNC

This credential has been accredited by ABSNC.

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NCCA

This credentialing program has been accredited by NCCA.

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IAS

This credential has been accredited by IAS.

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Low

May be difficult to attain: minimum education requirement is a Bachelor's degree, and/or minimum experience is 10 or more years.

Note: In some cases “years of experience” refers to time actively on duty or while holding a certain occupation or prior certification and not always in consecutive calendar years. Additional years required for certain preliminary stages may not be included in this classification. For requirements measured in hours, 1080 hours was considered a year. For days, 365 days was considered a year. Please review all prerequisites and requirements for eligibility, and additional information for details.

Medium

Moderate ease of attainment: minimum education requirement = Associate's and/or prerequisite and/or minimum experience = more than 2 years and less than 10 years of experience.

Note: In some cases “years of experience” refers to time actively on duty or while holding a certain occupation or prior certification and not always in consecutive calendar years. Additional years required for certain preliminary stages may not be included in this classification. For requirements measured in hours, 1080 hours was considered a year. For days, 365 days was considered a year. Please review all prerequisites and requirements for eligibility, and additional information for details.

High

Highly attainable: minimum education requirement = HS or less and/or minimum experience = 2 years or less experience and no additional requirements.

Note: In some cases “years of experience” refers to time actively on duty or while holding a certain occupation or prior certification and not always in consecutive calendar years. Additional years required for certain preliminary stages may not be included in this classification. For requirements measured in hours, 1080 hours was considered a year. For days, 365 days was considered a year. Please review all prerequisites and requirements for eligibility, and additional information for details.

MOS is Military Occupational Specialty
ASI is Additional Skill Identifier
WOMOS is Warrant Officer Military Occupational Specialty
AOC is Area Of Concentration Officer
Functional Area
Branch

Army e-learning

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NKO e-learning

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Bright Outlook – new job opportunities are very likely in the future for this job

Registered Apprenticeship

An apprenticeship program is registered with the U.S. Department of Labor. Go to the Apprenticeship Finder and enter career path or location to find apprenticeship opportunities.

Click here for External link to: My Next Move for Veterans - Cost Estimators
Click here for External link to: My Next Move salary info for Cost Estimators

Bright Outlook – new job opportunities are very likely in the future for this job

Click here for external link to: My Next Move for Veterans State Map for Cost Estimators

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Updated: July 31, 2020
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