The AACE 56R-08 form is a Recommended Practice (RP) published by AACE International, a leading authority in total cost management. Founded as a non-profit professional association in 1956, AACE International develops industry standards that support cost engineering, estimating, scheduling, and project control.
The 56R-08 Recommended Practice defines a cost estimate classification system for the building and general construction industries. It went through an extensive peer review process. The classification system identifies five estimate classes, from Class 5 (order-of-magnitude) to Class 1 (detailed check estimate), with associated accuracy ranges and levels of project definition required at each stage.
AACE International serves over 8,500 members in 87 countries. It offers the Total Cost Management Framework, Professional Practice Guides (PPGs), a Certified Estimating Professional (CEP) program, a Virtual Library, an Online Learning Center, annual meetings, discussion forums, and comprehensive salary surveys. These resources support professional development in cost management worldwide.
| Question | Answer |
|---|---|
| Form Name | Aace 56R 08 Form |
| Form Length | 21 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 5 min 15 sec |
| Other names | aace 56r 08 pdf, 56r 08, 56r 08 cost estimate classification system, aacei 56 r 08 |