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Venue: 2020 AACE International Conference & Expo
Abstract: This session outlines the requirements for a well defined estimate plan. The early development of this document is crucial for a successful estimating process. The proper preparation and presentation of this key document greatly increases the likelihood of obtaining the desired results by all stakeholders. The Estimate Plan should identify key stakeholders, expectations, standards, scope definition, schedule, individual responsibilities, and expected methodologies. The plan provides opportunity to clarify expectations of stakeholders, allows time for proper preparation of estimate inputs, and generally results in less rework and/or unacceptable deliverables.
This presentation is based on 105R-19 (Owner's Estimate Requirements Document - as Applied in Engineering, Procurement, and Construction for the Process Industries); 36R-08 (Development of Cost Estimate Plans - as Applied in Engineering, Procurement, and Construction for the Process Industries); and 35R-09 (Development of Cost Estimate Plans - as Applied for the Building and General Construction Industries).
Abstract: This session outlines the requirements for a well defined estimate plan. The early development of this document is crucial for a successful estimating process. The proper preparation and presentation of this key document greatly increases the likelihood of obtaining the desired results by all stakeholders. The Estimate Plan should identify key stakeholders, expectations, standards, scope definition, schedule, individual responsibilities, and expected methodologies. The plan provides opportunity to clarify expectations of stakeholders, allows time for proper preparation of estimate inputs, and generally results in less rework and/or unacceptable deliverables.
This presentation is based on 105R-19 (Owner's Estimate Requirements Document - as Applied in Engineering, Procurement, and Construction for the Process Industries); 36R-08 (Development of Cost Estimate Plans - as Applied in Engineering, Procurement, and Construction for the Process Industries); and 35R-09 (Development of Cost Estimate Plans - as Applied for the Building and General Construction Industries).