Program and project estimates are a necessary part of planning and implementing any program of work.

These estimates are used by persons involved in the planning and management of programs and projects. They are an essential part of establishing initial budgets and provide a framework for continuing updates permitting cost control through the life of a program and its various projects.

Users include owners, developers, facilities programmers, financial managers, company controllers, executives, program managers, project managers, and specialist cost planners including life cycle cost analysts.

They are also of use in risk management, and also provide a consistent list of major activity phases for use in program and project time schedules.

1. Scope

1.1 This classification establishes a classification of cost summaries for use when estimating program and project costs.

1.2 This classification can be applied to construction programs and projects that include one or more construction work projects.

1.3 This classification is not based on permanent physical elements of construction (as defined and classified in Classification E 1557 for example); rather, the classification items are cost components common to most program and project estimates.

1.4 This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety and health practices and determine the applicability of regulatory limitations prior to use.

2. Referenced Documents (purchase separately) The documents listed below are referenced within the subject standard but are not provided as part of the standard.

ASTM Standards

E631 Terminology of Building Constructions

E833 Terminology of Building Economics

E1557 Classification for Building Elements and Related Sitework--UNIFORMAT II

E2083 Classification for Building Construction Field Requirements, and Office Overhead & Profit

E2168 Classification for Allowance, Contingency, and Reserve Sums in Building Construction Estimating

E2514 Practice for Presentation Format of Elemental Cost Estimates, Summaries, and Analyses

Other Standard

Keywords

budgeting; construction; construction cost summary; cost; planning; program; program cost summary; program manager; project; project cost summary; project manager;

ICS Code

ICS Number Code 91.010.20 (Contractual aspects)

Citing ASTM Standards

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