Designation:E1804−16StandardPracticeforPerformingandReportingCostAnalysisDuringtheDesignPhaseofaProject1ThisstandardisissuedunderthefixeddesignationE1804;thenumberimmediatelyfollowingthedesignationindicatestheyearoforiginaladoptionor,inthecaseofrevision,theyearoflastrevision.Anumberinparenthesesindicatestheyearoflastreapproval.Asuperscriptepsilon(´)indicatesaneditorialchangesincethelastrevisionorreapproval.1.Scope1.1Thispracticecoversanarrangedmethodforprovidingcostanalysisduringthedesignphaseofabuildingproject.1.2Theuseofthispracticeincreasesthelevelofcommu-nicationbetweenthedesignprofessional,owner,andthecostprofessionalprovidingthecostconsultingservices.1.3Thepracticeestablishesastructuredmethodtosupportdesigndecisions.1.4Thepracticeprovidesdesignandcostprofessionalswithaframeworkforhistoricallytabulatinginformationtobeusedonrelevantfutureprojects.2.ReferencedDocuments2.1ASTMStandards:2E631TerminologyofBuildingConstructionsE833TerminologyofBuildingEconomicsE1369GuideforSelectingTechniquesforTreatingUncer-taintyandRiskintheEconomicEvaluationofBuildingsandBuildingSystemsE1557ClassificationforBuildingElementsandRelatedSitework—UNIFORMATIIE2514PracticeforPresentationFormatofElementalCostEstimates,Summaries,andAnalyses3.Terminology3.1Definitions—Fordefinitionsofgeneraltermsrelatedtobuildingconstructionusedinthispractice,refertoTerminol-ogyE631;andforgeneraltermsrelatedtobuildingeconomics,refertoTerminologyE833.4.SummaryofPractice4.1Thispracticeprovidesanorganizedapproachforcostanalysisduringthedesignphaseofabuildingproject.Thepracticepresentsthenecessaryinformationforthedesignprofessionalandownerstomakedecisions.4.2Thispracticeestablishesarecommendedprocedureforformattingthefinalprojectinformationforitsuseinforecast-ingthecostoffutureprojects.5.SignificanceandUse5.1Thispracticeincreasesthelevelofcommunication,providesanorganizedapproachtocostcontrolduringthedesignofaproject,andalsoprovidesameansofidentifyingextraordinarycostitemsandchangesinassumptionsbetweenes...
