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.
| ASTM International | |
|---|---|
| Product Category | Standards and Technical Documents |
| Product Number | ASTM E1946-12 |
| Product Name | Standard Practice for Measuring Cost Risk of Buildings and Building Systems and Other Constructed Projects |
