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 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.
| ASTM International | |
|---|---|
| Product Category | Standards and Technical Documents |
| Product Number | ASTM E1946-02 |
| Product Name | Standard Practice for Measuring Cost Risk of Buildings and Building Systems |