Standard Classification for Program and Project Estimate Summaries

SIGNIFICANCE AND USE
4.1 Program and project estimates are a necessary part of planning and implementing any program of work.  
4.2 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.  
4.3 Users include owners, developers, facilities programmers, financial managers, company controllers, executives, program managers, project managers, and specialist cost planners including life cycle cost analysts.  
4.4 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.
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 E1557 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.

General Information

Status
Historical
Publication Date
30-Apr-2015
Technical Committee
Drafting Committee
Current Stage
Ref Project

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Standards Content (Sample)

NOTICE: This standard has either been superseded and replaced by a new version or withdrawn.
Contact ASTM International (www.astm.org) for the latest information
Designation:E2620 −15
Standard Classification for
1
Program and Project Estimate Summaries
This standard is issued under the fixed designation E2620; the number immediately following the designation indicates the year of
original adoption or, in the case of revision, the year of last revision. A number in parentheses indicates the year of last reapproval. A
superscript epsilon (´) indicates an editorial change since the last revision or reapproval.
1. Scope 3. Terminology
1.1 This classification establishes a classification of cost 3.1 Definitions: For other definitions of general terms re-
summaries for use when estimating program and project costs. latedtobuildingconstructionusedinthisclassification,referto
Terminology E631; and for general terms related to building
1.2 This classification can be applied to construction pro-
economics, refer to Terminology E833.
grams and projects that include one or more construction work
3.1.1 element, n—in construction planning, design,
projects.
specification, estimating, and cost analysis, a significant com-
1.3 This classification is not based on permanent physical
ponent part of the whole that performs a specific function, or
elements of construction (as defined and classified in Classifi-
functions, regardless of design, specification, or construction
cation E1557 for example); rather, the classification items are
method.
cost components common to most program and project esti-
3.1.1.1 Discussion—While through analysis, or by direct
mates.
application, construction estimates categorized into elements
1.4 This standard does not purport to address all of the
(functional elements) with allocated costs, may be summarized
safety concerns, if any, associated with its use. It is the
in an elemental cost summary or elemental cost analysis;
responsibility of the user of this standard to establish appro-
elements (functional elements) also provide a framework for
priate safety and health practices and determine the applica-
consistent preliminary project description, outline, and perfor-
bility of regulatory limitations prior to use.
mance specification, through all stages of planning, design,
construction, and maintenance.
2. Referenced Documents
3.1.2 elemental cost analysis, n—in construction planning,
2
2.1 ASTM Standards:
design,specification,estimating,andcostanalysis,atabulation
E631 Terminology of Building Constructions
of cost categorized by major group element, group element,
E833 Terminology of Building Economics
or element, or any combination thereof, to which a parameter
E1557 Classification for Building Elements and Related
quantity, or parameter quantities, has, or have, been applied to
Sitework—UNIFORMAT II
derive benchmark figures (rates, ratios, percentages, and so
E2083 Classification for Building Construction Field
forth).
Requirements, and Office Overhead & Profit
3.1.2.1 Discussion—Elemental cost analyses are valuable
E2168 Classification for Allowance, Contingency, and Re-
tools in planning, estimating, and controlling construction cost
serve Sums in Building Construction Estimating
through all stages of planning and design. The benchmark
E2514 Practice for Presentation Format of Elemental Cost
figures are primarily derived from underlying estimate detail
Estimates, Summaries, and Analyses
but can, in some circumstances, be used directly to approxi-
3
2.2 Other Standard:
mate estimates for other projects.
MasterFormat
3.1.3 elemental cost summary, n—in construction planning,
design,specification,estimating,andcostanalysis,atabulation
1 of cost categorized by major group element, group element,
This classification is under the jurisdiction of ASTM Committee E06 on
Performance of Buildings and is the direct responsibility of Subcommittee E06.81
or element.
on Building Economics.
3.1.4 group element, n—in construction planning, design,
CurrenteditionapprovedMay1,2015.PublishedJuly2015.Originallyapproved
in 2008. Last previous edition approved in 2008 as E2620–08. DOI: 10.1520/
specification, estimating, and cost analysis, a significant com-
E2620-15.
ponent part of the whole that includes relevant elements
2
For referenced ASTM standards, visit the ASTM website, www.astm.org, or
which, as a group, perform specific function, or functions,
contact ASTM Customer Service at service@astm.org. For Annual Book of ASTM
Standards volume information, refer to the standard’s Document Summary page on regardless of design, specification or construction method.
the ASTM website.
3
3.1.5 major group element, n—in construction planning,
Available from the Construction Specifications Institute (CSI), 110 South
Union Street, Suite 100, Alexandria VA 22314, http://www.csinet.org. design, specification, estimating, and cost analysis, a very
Copyright © ASTM International, 100 Barr Harbor Drive, PO Box C700, West Conshohocken, PA 19428-2959. Unite
...

This document is not an ASTM standard and is intended only to provide the user of an ASTM standard an indication of what changes have been made to the previous version. Because
it may not be technically possible to adequately depict all changes accurately, ASTM recommends that users consult prior editions as appropriate. In all cases only the current version
of the standard as published by ASTM is to be considered the official document.
Designation: E2620 − 08 E2620 − 15
Standard Classification for
1
Program and Project Estimate Summaries
This standard is issued under the fixed designation E2620; the number immediately following the designation indicates the year of
original adoption or, in the case of revision, the year of last revision. A number in parentheses indicates the year of last reapproval. A
superscript epsilon (´) indicates an editorial change since the last revision or reapproval.
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
E1557 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
2
2.1 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
3
2.2 Other Standard:
MasterFormat
3. Terminology
3.1 Definitions—For definitions of terms used in this practice, refer to Terminologies E833 and E631.
3.1 Definitions: For other definitions of general terms related to building construction used in this classification, refer to
Terminology E631; and for general terms related to building economics, refer to Terminology E833.
3.1.1 element, n—in construction planning, design, specification, estimating, and cost analysis, a significant component part of
the whole that performs a specific function, or functions, regardless of design, specification, or construction method.
1
This classification is under the jurisdiction of ASTM Committee E06 on Performance of Buildings and is the direct responsibility of Subcommittee E06.81 on Building
Economics.
Current edition approved Sept. 1, 2008May 1, 2015. Published October 2008July 2015. Originally approved in 2008. Last previous edition approved in 2008 as E2620–08.
DOI: 10.1520/E2620-08.10.1520/E2620-15.
2
For referenced ASTM standards, visit the ASTM website, www.astm.org, or contact ASTM Customer Service at service@astm.org. For Annual Book of ASTM Standards
volume information, refer to the standard’s Document Summary page on the ASTM website.
3
Available from the Construction Specifications Institute (CSI), 99 Canal Center Plaza, Suite 300, Alexandria,110 South Union Street, Suite 100, Alexandria VA 22314,
http://www.csinet.org.
3.1.1.1 Discussion—
While through analysis, or by direct application, construction estimates categorized into elements (functional elements) with
allocated costs, may be summarized in an elemental cost summary or elemental cost analysis; elements (functional elements)
also provide a framework for consistent preliminary project description, outline, and performance specification, through all stages
of planning, design, construction, and maintenance.
Copyright © ASTM International, 100 Barr Harbor Drive, PO Box C700, West Conshohocken, PA 19428-2959. United States
1

---------------------- Page: 1 ----------------------
E2620 − 15
3.1.2 elemental cost analysis, n—in construction planning, design, specification, estimating, and cost analysis, a tabulation of
cost categorized by major group element,group element, or element, or any combination thereof, to which a parameter
quantity, or parameter quantities, has, or have, been applied to derive benchmark figures (rates, ratios, percentages, and so forth).
3.1.2.1 Discussion—
Elemental cost analyses are valuable tools in planning, estimating, and controlling construction cost through all stages of planning
and design. The benchmark figures are primarily derived from underlying estimate detail but can, in some circumstances, be used
directly to approximate estimates for other projects.
3.1.3 elemental cost summary, n—i
...

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