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ASTM E 2516 : 2011 : R2019

Superseded

Superseded

A superseded Standard is one, which is fully replaced by another Standard, which is a new edition of the same Standard.

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Standard Classification for Cost Estimate Classification System

Available format(s)

Hardcopy , PDF

Superseded date

20-05-2024

Language(s)

English

Published date

24-10-2019

€67.30
Excluding VAT

Committee
E 06
DocumentType
Standard
Pages
7
ProductNote
THIS STANDARD ALSO REFERS TO ANSI Z94.2:1989
PublisherName
American Society for Testing and Materials
Status
Superseded
SupersededBy
Supersedes

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

1.2This classification maps the phases and stages of cost estimating to a generic maturity and quality matrix, keyed to a degree 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:

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

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

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

1.4This international standard was developed in accordance with internationally recognized principles on standardization established in the Decision on Principles for the Development of International Standards, Guides and Recommendations issued by the World Trade Organization Technical Barriers to Trade (TBT) Committee.

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