ASTM E 1946 : 2018
Superseded
A superseded Standard is one, which is fully replaced by another Standard, which is a new edition of the same Standard.
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Standard Practice for Measuring Cost Risk of Buildings and Building Systems and Other Constructed Projects
Hardcopy , PDF
26-05-2023
English
10-09-2018
Important note : All end users must be registered with an Account prior to user licenses being assigned.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.
| Committee |
E 06
|
| DocumentType |
Standard Practice
|
| Pages |
9
|
| PublisherName |
American Society for Testing and Materials
|
| Status |
Superseded
|
| SupersededBy | |
| Supersedes |
1.1This 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.
1.2A 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.
1.3This 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.
1.4This 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.
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| ASTM E 2168 : 2010 : R2016 | Standard Classification for Allowance, Contingency, and Reserve Sums in Building Construction Estimating |
| ASTM E 2506 : 2015 | Standard Guide for Developing a Cost-Effective Risk Mitigation Plan for New and Existing Constructed Facilities |
| ASTM E 2103/E2103M : 2013 | Standard Classification for Bridge Elements—UNIFORMAT II |
| ASTM E 917 : 2017 : EDT 1 | Standard Practice for Measuring Life-Cycle Costs of Buildings and Building Systems |
| ASTM E 1074 : 2015 : R2020 : EDT 1 | Standard Practice for Measuring Net Benefits and Net Savings for Investments in Buildings and Building Systems |
| ASTM E 2103/E2103M : 2019 | Standard Classification for Bridge Elements—UNIFORMAT II |
| ASTM E 2691 : 2020 | Standard Practice for Job Productivity Measurement |
| ASTM E 964 : 2015 : R2020 : EDT 1 | Standard Practice for Measuring Benefit-to-Cost and Savings-to-Investment Ratios for Buildings and Building Systems |
| ASTM E 3035 : 2015 : R2020 | Standard Classification for Facility Asset Component Tracking System (FACTS) |
| ASTM E 1057 : 2015 : R2020 : EDT 1 | Standard Practice for Measuring Internal Rate of Return and Adjusted Internal Rate of Return for Investments in Buildings and Building Systems |
| ASTM E 2506 : 2015 : R2020 : EDT 1 | Standard Guide for Developing a Cost-Effective Risk Mitigation Plan for New and Existing Constructed Facilities |
| ASTM E 2514 : 2008 | Standard Practice for Presentation Format of Elemental Cost Estimates, Summaries, and Analyses |
| ASTM E 1557 : 2005 | Standard Classification for Building Elements and Related Sitework-UNIFORMAT II |
| ASTM E 1369 : 2011 | Standard Guide for Selecting Techniques for Treating Uncertainty and Risk in the Economic Evaluation of Buildings and Building Systems |
| ASTM E 1369 : 2007 : EDT 2 | Standard Guide for Selecting Techniques for Treating Uncertainty and Risk in the Economic Evaluation of Buildings and Building Systems |
| ASTM E 1369 : 2002 | Standard Guide for Selecting Techniques for Treating Uncertainty and Risk in the Economic Evaluation of Buildings and Building Systems |
| ASTM E 833 : 2014 | Standard Terminology of Building Economics |
| ASTM E 2083 : 2005 : R2016 | Standard Classification for Building Construction Field Requirements, and Office Overhead & Profit |
| ASTM E 1369 : 2007 | Standard Guide for Selecting Techniques for Treating Uncertainty and Risk in the Economic Evaluation of Buildings and Building Systems |
| ASTM E 1369 : 2015 : R2020 : EDT 1 | Standard Guide for Selecting Techniques for Treating Uncertainty and Risk in the Economic Evaluation of Buildings and Building Systems |
| ASTM E 2083 : 2000 | Standard Classification for Building Construction Field Requirements, and Office Overhead & Profit |
| ASTM E 833 : 2014 : R2021 | Standard Terminology of Building Economics |
| ASTM E 1557 : 1997 : EDT 1 | Standard Classification for Building Elements and Related Sitework-UNIFORMAT II |
| ASTM E 1557 : 2002 | Standard Classification for Building Elements and Related Sitework-UNIFORMAT II |
| ASTM E 2168 : 2001 | Standard Classification for Allowance, Contingency and Reserve Sums in Building Construction Estimating |
| ASTM E 2514 : 2015 | Standard Practice for Presentation Format of Elemental Cost Estimates, Summaries, and Analyses |
| ASTM E 2168 : 2010 : R2016 | Standard Classification for Allowance, Contingency, and Reserve Sums in Building Construction Estimating |
| ASTM E 1369 : 2007 : EDT 1 | Standard Guide for Selecting Techniques for Treating Uncertainty and Risk in the Economic Evaluation of Buildings and Building Systems |
| ASTM E 1557 : 2009 : R2015 | Standard Classification for Building Elements and Related Sitework—UNIFORMAT II |
| ASTM E 2168 : 2006 | Standard Classification for Allowance, Contingency and Reserve Sums in Building Construction Estimating |
| ASTM E 1369 : 2015 | Standard Guide for Selecting Techniques for Treating Uncertainty and Risk in the Economic Evaluation of Buildings and Building Systems |
| ASTM E 2083 : 2005 : R2010 | Standard Classification for Building Construction Field Requirements, and Office Overhead Profit |
| ASTM E 2083 : 2005 | Standard Classification for Building Construction Field Requirements, and Office Overhead Profit |
| ASTM E 2168 : 2010 | Standard Classification for Allowance, Contingency and Reserve Sums in Building Construction Estimating |
| ASTM E 1557 : 2009 : R2020 : EDT 1 | Standard Classification for Building Elements and Related Sitework—UNIFORMAT II |
| ASTM E 1557 : 2001 | Standard Classification for Building Elements and Related Sitework-UNIFORMAT II |
| ASTM E 2514 : 2006 | Standard Practice for Presentation Format of Elemental Cost Estimates, Summaries, and Analyses |
| ASTM E 1369 : 1998 | Standard Guide for Selecting Techniques for Treating Uncertainty and Risk in the Economic Evaluation of Buildings and Building Systems |
| ASTM E 1557 : 2009 | Standard Classification for Building Elements and Related Sitework-UNIFORMAT II |
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