Table of Contents

Cost Management Guidelines

• Acknowledgements 99
• Preface 1111
• Chapter 1: Introduction 1313
• • 1.1. Overview 1313
  • 1.2. Cost Management Basics 1515
  • 1.3. CM’s Role in Cost Management 1515
  • 1.5. Team Responsibilities & Management Structure 1616
  • 1.6. CII Best Practices 1717
• Chapter 2: Project & Construction Budget 1919
• • 2.1. When Does Cost Management Begin? 1919
  • 2.2. Conceptual Budgeting Methods 2020
  • 2.3. Interpreting Conceptual Budgets 2121
  • 2.4. Integrating the Owner’s Conceptual Budget 2222
  • 2.5. Cost Analysis 2323
  • 2.6. Developing a Project/Construction Budget 2424
  • 2.7. Owner Project Objectives 2525
  • 2.8. Project & Owner Constraints 2626
  • 2.9. Procurement Strategies 2727
  • 2.10. Bid Evaluation, Review, & Contract Award 2828
  • 2.11. Problems with Unbalanced Bids 3131
  • 2.12. Resource Availability, Productivity, & Other Factors 3333
  • 2.13. Project Conditions Impacting Budget 3434
  • 2.14. Budget Organization 3434
  • 2.15. Preliminary Project Phase Contingencies 3737
  • 2.16. Summary 3838
• Chapter 3: Cost Management System 3939
• • 3.1. Purpose & Objectives 3939
  • 3.2. Developing & Implementing the System 4040
  • 3.3. Understanding Cost Planning Concepts 4040
  • 3.4. Project Feasibility Studies 4242
  • 3.5. Project Cash Flow 4444
  • 3.6. Developing a Cash Flow Schedule 4545
  • 3.7. Models for Monitoring Cost 4747
  • 3.8. External Economic Facto 5050
  • 3.9. Project Funding Methods 5151
  • 3.10. Funding Method Impact on Cost & Schedule 5151
  • 3.11. Summary 5252
• Chapter 4: Estimating 5353
• • 4.1. Estimating Techniques 5353
  • 4.2. Conceptual Estimating Factors 5757
  • 4.3. Cost Estimating Parameters 5858
  • 4.4. Range Estimating Concepts 6161
  • 4.5. Cost Estimating Formats 6262
  • 4.6. Quantity Survey-Based Cost Estimate &Procurement Strategies 6262
  • 4.7. Summary 6464
• Chapter 5: Cost Compliance Monitoring 6565
• • 5.1. Cost Management Plan Objec 6565
  • 5.2. Managing Project Contingency 6666
  • 5.3. Fast-Track Project Contingency 6767
  • 5.4. Cost Monitoring & Compliance Systems 6868
  • 5.5. Specifying Cost Monitoring Methods 6969
  • 5.6. Summary 7070
• Chapter 6: Design Phase 7171
• • 6.1. Estimating Cost & Budget Impacts 7171
  • 6.2. Evaluating Design De 7575
  • 6.3. Evaluating Other Project Costs 7575
  • 6.4. Establishing a Value Analysis Program 7676
  • 6.5. Alternative Systems, Methods, Components, &Materials 7777
  • 6.6. Trade-Off Factors in Value Analysis 7878
  • 6.7. Summary 7979
• Chapter 7: Construction Phase 8181
• • 7.1. Cost Monitoring & Management Procedures 8181
  • 7.2. Contingency Management 8282
  • 7.3. Contingency Management for GMP Contracts 8484
  • 7.4. Schedule of Values 8585
  • 7.5. Schedule of Values & Prompt Payment Requests 8787
  • 7.6. Integrated Cost-Loaded Schedule 8888
  • 7.7. Change Order Control System 8989
  • 7.8. Factors Governing Cost Changes 9292
  • 7.9. Cost Evaluation System for Potential Claims 9696
  • 7.10. Using Man-hour Analysis for ProductivityStudies, Impact Analyses, & Labor Loss of Efficiency 9696
  • 7.11. Summary 9999
• Chapter 8: Project Closeout 101101
• Glossary 103103
• References 121121