AACE International in cooperation with Nesma

AACE International’s Total Cost Management (TCM) Framework identifies a basis of estimate (BOE) document as a required component of a cost estimate. As a recommended practice (RP) of AACE International, the template outlined in the following sections provides guidelines for the structure and content of a cost basis of estimate specific to the software services industries (i.e. software development, maintenance & support, infrastructure, research & development, etc.).

This document is based upon AACE International Recommended Practice 34R-05, Basis of Estimate. It identifies a basis of estimate (BOE) document as a required component of a cost/effort/duration estimate.