ASTM-E1804 Standard Practice for Performing and Reporting Cost Analysis During the Design Phase of a Project

ASTM-E1804 - 2016 EDITION - CURRENT
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Standard Practice for Performing and Reporting Cost Analysis During the Design Phase of a Project
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Scope

1.1 This practice covers an arranged method for providing cost analysis during the design phase of a building project.

1.2 The use of this practice increases the level of communication between the design professional, owner, and the cost professional providing the cost consulting services.

1.3 The practice establishes a structured method to support design decisions.

1.4 The practice provides design and cost professionals with a framework for historically tabulating information to be used on relevant future projects.

Significance and Use

5.1 This practice increases the level of communication, provides an organized approach to cost control during the design of a project, and also provides a means of identifying extraordinary cost items and changes in assumptions between estimates.

5.2 The users of this practice include owners, developers, contractors, cost professionals, estimators, architects, engineers, specification writers, quantity surveyors, and anyone charged with the responsibility of successfully managing the design of a building and its related site work within a specified project budget.

5.3 Use this reporting format during the following:

5.3.1 Contracting for design cost analysis services,

5.3.2 Comparing the current design costs to a previous estimate, and

5.3.3 Responding to each design phase.

5.4 This practice provides a tool for analyzing design options and examining strategies to maintain the project budget.

Keywords

analysis; cost; design; estimating;; ICS Number Code 03.100.01 (Company organization and management in general); 91.010.01 (Construction industry in general)

To find similar documents by ASTM Volume:

04.11 (Building Constructions (I): E72 - E2110)

To find similar documents by classification:

03.100.01 (Company organization and management in general Including legal aspects and risk management)

91.010.01 (Construction industry in general)

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Document Number

ASTM-E1804-16

Revision Level

2016 EDITION

Status

Current

Modification Type

Revision

Publication Date

Oct. 15, 2016

Document Type

Practice

Page Count

4 pages

Committee Number

E06.81