Les Houches "Physics at Tev Colliders 2003" QCD/SM Working Group: Summary Report

This report documents the results obtained by the Working Group on Quantum Chromodynamics and the Standard Model for the Workshop "Physics at TeV Colliders", Les Houches, France, 26 May - 6 June 2003. After a Monte Guide description, the first contributions report on progress in describing multiple interactions, important for the LHC, and underlying events. An announcement of a Monte Carlo database, under construction, is then followed by a number of contributions improving parton shower descriptions. Subsequently, a large number of contributions address resummations in various forms, after which follow studies of QCD effects in pion pair, top quark pair and photon pair plus jet production. After a study of electroweak corrections to hadronic precision observables, the report ends by presenting recent progress in methods to compute finite order corrections at one-loop with many legs, and at two-loop.