Home>ASTM Standards>ASTM E2514-15(R2020) pdf free download

ASTM E2514-15(R2020) pdf free download

ASTM E2514-15(R2020) pdf free download.Standard Practice for Presentation Format of Elemental Cost Estimates, Summaries, and Analyses
1. Scope
1.1 This practice covers the concurrent use of relevant ASTM standards for the preparation of elemental cost estimates, summaries, and analyses and specifically their presentation in a concise, consistent, and logical manner. 1.2 While the style and directions use construction terms applied to buildings, the principles apply equally well to other forms of construction where appropriate elemental classifica- tions exist. 1.3 This practice is not an estimating manual, nor is it a guide to the skills and knowledge required of an estimator or other cost professional. N OTE 1—The skills and knowledge acquired by a trained and experi- enced estimator are essential to the successful application ofany elemental presentation format. They are the foundation of any estimate and the underpinning knowledge required when applying the elemental technique. 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 appro- priate safety, health, and environmental practices and deter- mine the applicability ofregulatory limitations prior to use. 1.5 This international standard was developed in accor- dance with internationally recognized principles on standard- ization established in the Decision on Principles for the Development of International Standards, Guides and Recom- mendations issued by the World Trade Organization Technical Barriers to Trade (TBT) Committee.
3. Terminology
3.1 Definitions: Definitions—For other definitions of gen- eral terms related to building construction used in this practice, 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 com- ponent part of the whole that performs a specific function, or functions, regardless of design, specification, or construction method. 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 perfor- mance specification, through all stages of planning, design, construction, and maintenance. 3.1.2 elemental cost analysis, n—in construction planning, design, specification, estimating, andcostanalysis, 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 approxi- mate estimates for other projects. 3.1.3 elemental cost summary, n—in construction planning, design, specification, estimating, andcost analysis, a tabulation of cost categorized by major group element, group element, or element. 3.1.4 group element, n—in construction planning, design, specification, estimating, and cost analysis, a significant com- ponent part of the whole that includes relevant elements which, as a group, perform specific function, or functions, regardless of design, specification or construction method. 3.1.5 major group element, n—in construction planning, design, specification, estimating, and cost analysis, a very significant component part of the whole that includes relevant group elements which, as a group, perform major specific function, or functions, regardless of design, specification or construction method. 3.1.6 parameter quantity, n—in construction planning, design, specification, estimating, and cost analysis, a measure of the amount (quantity) of work included within a major group element, group element, or element, or any combina- tion thereof, which, using standardized metrics, ensures con- sistent elemental cost analysis preparation and comparison.

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