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ASTM_E_2514_-_15.pdf
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TM_E_2514_ _15
Designation:E251415Standard Practice forPresentation Format of Elemental Cost Estimates,Summaries,and Analyses1This standard is issued under the fixed designation E2514;the number immediately following the designation indicates the year oforiginal adoption or,in the case of revision,the year of last revision.A number in parentheses indicates the year of last reapproval.Asuperscript epsilon()indicates an editorial change since the last revision or reapproval.1.Scope1.1 This practice covers the concurrent use of relevantASTM standards for the preparation of elemental costestimates,summaries,and analyses and specifically theirpresentation in a concise,consistent,and logical manner.1.2 While the style and directions use construction termsapplied to buildings,the principles apply equally well to otherforms of construction where appropriate elemental classifica-tions exist.1.3 This practice is not an estimating manual,nor is it aguide to the skills and knowledge required of an estimator orother cost professional.NOTE1The skills and knowledge acquired by a trained and experi-enced estimator are essential to the successful application of any elementalpresentation format.They are the foundation of any estimate and theunderpinning knowledge required when applying the elemental technique.2.Referenced Documents2.1 ASTM Standards:2E631 Terminology of Building ConstructionsE833 Terminology of Building EconomicsE1557 Classification for Building Elements and RelatedSiteworkUNIFORMAT IIE1804 Practice for Performing and Reporting Cost AnalysisDuring the Design Phase of a ProjectE1836/E1836M Practice for Building Floor Area Measure-ments for Facility ManagementE2083 Classification for Building Construction FieldRequirements,and Office Overhead&ProfitE2168 Classification for Allowance,Contingency,and Re-serve Sums in Building Construction Estimating2.2 ASTM Adjuncts:Basic Instructional Model Spreadsheet33.Terminology3.1 Definitions:For other definitions of general terms re-lated to building construction used in this practice,refer toTerminology E631;and for general terms related to buildingeconomics,refer to Terminology E833.3.1.1 element,ninconstructionplanning,design,specification,estimating,and cost analysis,a significant com-ponent part of the whole that performs a specific function,orfunctions,regardless of design,specification,or constructionmethod.3.1.1.1 DiscussionWhile through analysis,or by directapplication,construction estimates categorized into elements(functional elements)with allocated costs,may be summarizedin an elemental cost summary or elemental cost analysis;elements(functional elements)also provide a framework forconsistent preliminary project description,outline,and perfor-mance specification,through all stages of planning,design,construction,and maintenance.3.1.2 elemental cost analysis,nin construction planning,design,specification,estimating,and cost analysis,a tabulationof cost categorized by major group element,group element,or element,or any combination thereof,to which a parameterquantity,or parameter quantities,has,or have,been applied toderive benchmark figures(rates,ratios,percentages,and soforth).3.1.2.1 DiscussionElemental cost analyses are valuabletools in planning,estimating,and controlling construction costthrough all stages of planning and design.The benchmarkfigures are primarily derived from underlying estimate detailbut can,in some circumstances,be used directly to approxi-mate estimates for other projects.3.1.3 elemental cost summary,nin construction planning,design,specification,estimating,and cost analysis,a tabulationof cost categorized by major group element,group element,or element.1This practice is under the jurisdiction of ASTM Committee E06 on Perfor-mance of Buildings and is the direct responsibility of Subcommittee E06.81 onBuilding Economics.Current edition approved May 1,2015.Published July 2015.Originally approvedin 2006.Last previous edition approved in 2008 as E2514 08.DOI:10.1520/E2514-15.2For referenced ASTM standards,visit the ASTM website,www.astm.org,orcontact ASTM Customer Service at serviceastm.org.For Annual Book of ASTMStandards volume information,refer to the standards Document Summary page onthe ASTM website.3Available from ASTM International Headquarters.Order Adjunct No.ADJE2514.Copyright ASTM International,100 Barr Harbor Drive,PO Box C700,West Conshohocken,PA 19428-2959.United States1 3.1.4 group element,nin construction planning,design,specification,estimating,and cost analysis,a significant com-ponent part of the whole that includes relevant elementswhich,as a group,perform specific function,or functions,regardless of design,specification or construction method.3.1.5 major group element,nin construction planning,design,specification,estimating,and cost analysis,a verysignificant component part of the whole that includes relevantgroup elements which,as a group,perform major specificfunction,or functions,regardless of design,specification orconstruction me

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