Life Cycle Value Management
Standards and References
Elemental Costing and Measurement has two basic formats:
I. CIQS Standard: CIQS Method of Measurement – Pricing & Measurement of Buildings by Area & Volume, 4th Edition
II. Uniformat Standard: ASTM 1557 - 5 UNIFORMAT II
Trade Breakdownand
Specification Formatting:
CIQS
Method of Measurement of Construction Works, 8th Edition, 2004 “Masterformat
system TM”
Life
Cycle Costing:
ASTM
E917-05 Standard Practice for Measuring Life-Cycle Costs of Buildings and
Building Systems1
Performing and Reporting:
Cost
Analysis during design: ASTM E1804
Class
of Estimates:
Standard Estimating
Classification System ASTM E2516-06
Cost Estimate Classification System:
Expected estimate accuracy range is an indication of the degree to which the final cost outcome for a given project will vary from the estimated cost.