UNLIMITED FREE ACCESS TO THE WORLD'S BEST IDEAS

SUBMIT
Already an Engineering360 user? Log in.

This is embarrasing...

An error occurred while processing the form. Please try again in a few minutes.

Customize Your Engineering360 Experience

Finish!
Privacy Policy

This is embarrasing...

An error occurred while processing the form. Please try again in a few minutes.

ASTM International - ASTM E2516-11

Standard Classification for Cost Estimate Classification System

inactive
Buy Now
Organization: ASTM International
Publication Date: 1 April 2011
Status: inactive
Page Count: 7
ICS Code (Accountancy): 03.100.60
significance And Use:

Use of this classification will improve communication among all the stakeholders involved with preparing, evaluating, and using cost estimates.

The various parties that use cost estimates... View More

scope:

1.1 This classification provides a generic classification system for cost estimates and provides guidelines for applying the classification to cost estimates.

1.2 This classification maps the phases and stages of cost estimating to a generic maturity and quality matrix, keyed to a degre of project definition, that can be applied across a wide variety of industries.

1.3 The Cost Estimate Classification System has been developed in a way that:

1.3.1 provides a common understanding of the concepts involved with classifying cost estimates;

1.3.2 defines and correlates the major characteristics used in classifying cost estimates, and;

1.3.3 uses the degree of project definition as the primary characteristic used to categorize estimate classes.

Document History

October 1, 2019
Standard Classification for Cost Estimate Classification System
4.1 Use of this classification will improve communication among all the stakeholders involved with preparing, evaluating, and using cost estimates. 4.2 The various parties that use cost estimates...
ASTM E2516-11
April 1, 2011
Standard Classification for Cost Estimate Classification System
Use of this classification will improve communication among all the stakeholders involved with preparing, evaluating, and using cost estimates. The various parties that use cost estimates often...
October 1, 2006
Standard Classification for Cost Estimate Classification System
Use of this classification will improve communication among all the stakeholders involved with preparing, evaluating, and using cost estimates. The various parties that use cost estimates often...
Advertisement