A Prior Breakdown Method (Construction Price Indices) is the starting point for prior breakdown methods used in the compilation of construction price indices is a list of carefully specified factors or components, from which the total input or output costs of a building or construction project are built up. There are a range of prior breakdown methods. These comprise: standard factors; and the component cost method. (Source: OECD)
Prior Breakdown Method
ThePD (The Project Definition)
ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.