Index
A
acceptance testing phase, 89
Actual Cost of Work Performed (ACWP), 78
allowance, 111
analogous estimates
capacity factor, 54–55
definition, 46, 53–54
equipment factor, 54–55
square root technique, 59–61
three-quarters rule, 55–59
two-thirds rule, 61–62
Association for the Advancement of Cost Engineering, 49
audit, 112–113
average internal rate of return, 8
B
BAC. See Budget at Completion
BCWP. See Budgeted Cost of Work Performed
BCWS. See Budgeted Cost of Work Scheduled
bids
competition, 109
contract price, 108
estimates, 108
profit margin, 109
bonus for underrun, 105
bottom-up estimate, 43
budget approval, 19
Budget at Completion (BAC), ...
