This recommended practice identifies special considerations that apply when estimating project costs for long-range strategic asset planning, including documenting and communicating the estimate basis. The strategic asset planning that is specifically addressed by this RP supports long range planning for public sector organizations or similar entities that is required in order for them to better accomplish their objectives.


About AACE Recommended Practices:
The AACE International Recommended Practices (RPs) are a series of documents that contain valuable reference information that has been subject to a rigorous review process and recommended for use by the Technical Board. RPs are intended to be the main technical foundation of AACE educational, and certification products and services. All RPs are available to AACE members free of charge and can be accessed here.

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