ASTM WK54599

    Revision of E1946 - 12 Standard Practice for Measuring Cost Risk of Buildings and Building Systems and Other Constructed Projects

    (What is a Work Item?)

    Active Standard: E1946 - 18

    Developed by Subcommittee: E06.81 | Committee E06 | Contact Staff Manager



    WK54599


    Keywords

    cost model; cost risk analysis; Monte Carlo simulation; sensitivity analysis; UNIFORMAT II; BCRA (building cost risk analysis); Building economics; Cost analysis (of building constructions); Project management; Risk analysis;

    Rationale

    To incorporate information on the use of E2514, which describes a presentation format for elemental costs.

    Citing ASTM Standards
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    Work Item Status

    Date Initiated:
    05-16-2016

    Technical Contact:
    Muthiah Kasi

    Status:
    Approved