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What’s Your AEC Industry IQ?

Calling all architecture, engineering, and environmental consulting (AEC) industry professionals! Do you consider yourself an AEC industry expert? Well, there’s only one way to really find out. Take this quiz to test your knowledge of common AEC industry terms and see where you land on the spectrum of AEC industry connoisseurs!

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Get Your Free ERP Glossary

So you work in the AEC industry, and your firm uses an enterprise resource planning (ERP) solution — now what? With industry jargon constantly being thrown around, and terms that differ from firm to firm, it can be enough to seriously make your head spin. But not to worry, let us introduce to you:

The Ultimate ERP Glossary for AEC Firms.

To put it simply: If it's got anything to do with AEC or ERP, this glossary has what you're looking for.

Here’s a sneak peek at just some of the terms we’ve defined for you:

Earned Value Management

The ability to create performance metrics that determine the profitability of a project. The major factors considered when creating these formulas are the following: the contractual value of work, the value of work that has been earned, and the cost spent to complete the work.

Analytical Services

Technology used to create business reporting and other data visualization tools by aggregating dimensions, attributes, and measures.

Procurement

Activities and processes in acquiring goods or services. It allows the documenting of activities such as vendor evaluation, product or market research, and the fee limitation of subcontractor contracts.

Opportunity Management

A methodology for tracking sales opportunities and related criterion. This process assists with analyzing and storing the probability of a sale’s likelihood to move to closure.

On-Premise

The installation of computer software and/or hardware in the same facility of the person or organization using the resources.

Project Milestone

A marker that shows an important achievement in a project. This may also represent a sequence of events that incrementally build up to a project’s completion.

Download Your Copy Today

In this glossary, you’ll find 150 of the most commonly used enterprise resource planning (ERP) terms in the architecture, engineering and environmental consulting (AEC) industry. As it walks you through the standard workflow of the project lifecycle, it covers major topics such as: Project Pursuit, Project Delivery, Accounting and more.