ASTM E1804 - 16

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

    Active Standard ASTM E1804 | Developed by Subcommittee: E06.81

    Book of Standards Volume: 04.11

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    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.

    1. 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.

    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

    E1369 Guide for Selecting Techniques for Treating Uncertainty and Risk in the Economic Evaluation of Buildings and Building Systems

    E1557 Classification for Building Elements and Related SiteworkUNIFORMAT II

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

    ICS Code

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

    UNSPSC Code

    UNSPSC Code 30000000(Structures and Building and Construction and Manufacturing Components and Supplies); 80101603(Economic or financial evaluation of projects)

    Referencing This Standard
    Link Here
    Link to Active (This link will always route to the current Active version of the standard.)

    DOI: 10.1520/E1804-16

    Citation Format

    ASTM E1804-16, Standard Practice for Performing and Reporting Cost Analysis During the Design Phase of a Project, ASTM International, West Conshohocken, PA, 2016,

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