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.