This handbook establishes the quality and level of cost and schedule management services to be provided during the planning, design and construction phases of projects. Whether delivered by in-house or contracted resources, this HB defines the deliverables expected, strategies to ensure effective budget development and within budget/within scope/within schedule project delivery meeting all associated statutes, Executive Orders, directives and other associated criteria. The scope of the handbook is to provide new policy and criteria defining an integrated cost management process that will be followed throughout the project planning and execution process at PBS, including cost management (cost planning and cost estimating) and schedule management (schedule planning, master scheduling), including risk analysis, claims analysis and value management across PBS. The criteria defines the policies, practices and processes to be used in managing the total life cycle cost throughout the planning, design, construction and maintenance phases within the entire PBS owned and leased portfolio. The overarching goal of the document is to ensure cohesive, seamless policies and procedures that must be followed in practicing cost and schedule management throughout the full life cycle of all PBS design, construction and construction-related building maintenance / repair projects and programs across PBS. Includes scheduling policy not previously addressed. Includes policy for Value Engineering addressing OMB Circular A-131 Dec 2013. Adjust the threshold for considering Value Engineering from $1 million to $5 million. Value Engineering is now required for performance-based specification services, including design-build.
Why buy a book you can download for free? First you gotta find it and make sure it's the latest version, not always easy. Then you gotta print it using a network printer you share with 100 other people - and its outta paper - and the toner is low (take out the toner cartridge, shake it, then put it back). If it's just 10 pages, no problem, but if it's a 250-page book, you will need to punch 3 holes in all those pages and put it in a 3-ring binder. Takes at least an hour. An engineer that's paid $75 an hour has to do this himself (who has assistant's anymore?).
If you are paid more than $10 an hour and use an ink jet printer, buying this book will save you money.
It's much more cost-effective to just order the latest version from Amazon.com This public domain material is published by 4th Watch Books. We publish tightly-bound, full-size books at 8 1/2 by 11 inches, with glossy covers. 4th Watch Books is a Service Disabled Veteran Owned Small Business (SDVOSB) and is not affiliated with the National Institute of Standards and Technology.
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