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ASTM International - ASTM E1946-18

Standard Practice for Measuring Cost Risk of Buildings and Building Systems and Other Constructed Projects

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Organization: ASTM International
Publication Date: 1 September 2018
Status: active
Page Count: 9
ICS Code (Contractual aspects): 91.010.20
significance And Use:

5.1 Measuring cost risk enables owners of buildings and other constructed projects, architects, engineers, and contractors to measure and evaluate the cost risk exposures of their construction... View More

scope:

1.1 This practice covers a procedure for measuring cost risk for buildings and building systems and other constructed projects, using the Monte Carlo simulation technique as described in Guide E1369.

1.2 A computer program is required for the Monte Carlo simulation. This can be one of the commercially available software programs for cost risk analysis, or one constructed by the user.

1.3 This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety, health, and environmental practices and determine the applicability of regulatory limitations prior to use.

1.4 This international standard was developed in accordance with internationally recognized principles on standardization established in the Decision on Principles for the Development of International Standards, Guides and Recommendations issued by the World Trade Organization Technical Barriers to Trade (TBT) Committee.

Document History

ASTM E1946-18
September 1, 2018
Standard Practice for Measuring Cost Risk of Buildings and Building Systems and Other Constructed Projects
5.1 Measuring cost risk enables owners of buildings and other constructed projects, architects, engineers, and contractors to measure and evaluate the cost risk exposures of their construction...
April 1, 2012
Standard Practice for Measuring Cost Risk of Buildings and Building Systems and Other Constructed Projects
Measuring cost risk enables owners of buildings and other constructed projects, architects, engineers, and contractors to measure and evaluate the cost risk exposures of their construction projects....
April 1, 2007
Standard Practice for Measuring Cost Risk of Buildings and Building Systems
1.1 This practice covers a procedure for measuring cost risk for buildings and building systems, using the Monte Carlo simulation technique as described in Guide E 1369. 1.2 A computer program is...
October 10, 2002
Standard Practice for Measuring Cost Risk of Buildings and Building Systems
1.1 This practice establishes a procedure for measuring cost risk for buildings and building systems, using the Monte Carlo simulation technique as described in Guide E 1369. 1.2 A Computer program...
April 10, 1998
Standard Practice for Measuring Cost Risk of Buildings and Building Systems
1.1 This practice establishes a procedure for measuring cost risk for buildings and building systems, using the Monte Carlo simulation technique as described in Guide E 1369. 1.2 A Computer program...
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