Architect's Essentials of Cost Management

MICHAEL D. DELL'ISOLA, PE, CVS, Senior Vice President of the Alexandria, Virginia, office of Hanscomb, Inc., has thirty years of experience in technical and management areas specializing in cost control, value engineering, technical facilitation/partnering, life-cycle costing, and project management. He serves as a member of the board of directors of the Construction Sciences Research Foundation, the Construction Management Association of America, and SAVE, the Value Society, and is an internationally recognized speaker on cost, value, construction economics, and project delivery.

• Foreword. Acknowledgments. 1 Introduction. Terminology. Cost Management Considerations. Cost Management Methodology. 2 Building Economics. Breakdown of Construction Costs. Cost Components. Distribution of Hard Costs. Factors That Influence Building Costs. Conclusions. 3 Cost-Estimating Methodology. Establishing Standard Formats. Identifying and Managing Cost Drivers. Estimate Preparation Principles. Cost-Estimating Methods. Dealing with Escalation and Contingencies. Risk Management and Range Estimating. Special Estimating Challenges. Value Management. Life-Cycle Costing. Conclusions. 4 Cost-Estimating Tools. Interpreting Cost Information. Using Cost Indexes. Referencing Published Cost Information. Developing and Maintaining CostData Files. Doing Computer-Assisted Estimating. Conclusions. 5 Cost Management Methodology. Integrating the Cost Management Process. Planning, Programming, and Budgeting. Budgeting Methods. Managing Costs during Design. Implementing Construction PhaseCost Management. Understanding the Impact of DeliveryMethods on Cost Management. Conclusions. References. Index.