Cost Analysis definition

Cost Analysis means the evaluation of cost data for the purpose of arriving at estimates of costs to be incurred, prices to be paid, costs to be reimbursed, or costs actually incurred.
Cost Analysis means a detailed description of the costs, or pro-
Cost Analysis means the evaluation of cost data.

Examples of Cost Analysis in a sentence

  • In preparing all Statements of Probable Construction Cost, the Design Professional should consider, as a general reference, the information and matters required in current version of ASTM Standard Practice E 1804, “Performing and Reporting Cost Analysis During the Design Phase of the Project”.


More Definitions of Cost Analysis

Cost Analysis means the evaluation of cost data and profit for the purpose of arriving at costs actually incurred by a contractor, estimates of costs to be incurred by a contractor and a profit to be allowed to a contractor.
Cost Analysis. A process in which a BIM model can offer a preliminary analysis of the costs of constructing a Project during the design process and provide cost effects of additions and modifications with potential to save time and avoid budget overruns. The accumulation, examination, and manipulation of cost data for comparisons and projections.
Cost Analysis means factual information concerning the cost of labor, material, overhead and other cost elements that are expected to be incurred by a contractor or which have been actually incurred by a contractor in performing the contract.
Cost Analysis as it relates to EPP, means comparative pricing utilizing Life Cycle Analysis (LCA) and/or Total Cost of Ownership (TCO). See also the definitions for these assessment types, (20 and 36).
Cost Analysis means a detailed description of the costs, or pro-rata share of costs, of the following:
Cost Analysis means a review and analysis of the cost elements that make up the price of the individual Maintenance and Facilities Repair & Operations and Industrial Supplies.
Cost Analysis means a review and analysis of the cost elements that make up the price of the individual Parks and Recreation Equipment and Related Services.