Improving the Accuracy of Early Cost Estimates for Federal Construction Projects (1990) / Chapter Skim
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Appendix C: The Construction Budget Preparation Process at IBM Corporation
Appendix C: The Construction Budget Preparation Process at IBM Corporation
Pages 31-32
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This document is a detailed listing of all construction elements found on IBM projects. The library is coded specifically for IBM's use and it bridges the Masterformat/CSI trade numbering standard format to IBM's Construction numbering format.
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From page 32... ...
During the buy out phase of the project and in the negotiation of change order work the IBMICSI format provides ready access to cost data, which eliminates much of He guesswork otherwise encountered, primarily because the format allows the cost of the work to be broken down into fairly concise construction elements. As can be seen from the above narrative, IBM places great importance in developing detailed, realistic budgets, and then manages the project to it.
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