PBS P-120 Public Buildings Service Cost and Schedule Management Policy Requirements (with PBS 1000.6B)  


This document includes GSA Order / PBS 1000.6B dated November 7, 2022.

The scope of the P120 is to provide policy and criteria defining an integrated cost management process that will be followed throughout the project planning and execution process at PBS, including cost management (cost planning and cost estimating) and schedule management (schedule planning, master scheduling), risk analysis, claims analysis and value management across PBS. The criteria defines the policies, practices and processes to be used in managing the total life cycle cost throughout the planning, design, construction and maintenance phases within the entire Federally-owned and leased portfolio under GSA’s jurisdiction, custody or control. The overarching goal of the P120 is to ensure cohesive, seamless policies and procedures that must be followed in practicing cost and schedule management throughout the full life cycle of all PBS design, construction and construction-related building maintenance / repair projects and programs across PBS.