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  • ASTM E 1369 : 1998

    Superseded A superseded Standard is one, which is fully replaced by another Standard, which is a new edition of the same Standard.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 Guide for Selecting Techniques for Treating Uncertainty and Risk in the Economic Evaluation of Buildings and Building Systems

    Available format(s): 

    Superseded date:  11-11-2014

    Language(s): 

    Published date:  31-12-2010

    Publisher:  American Society for Testing and Materials

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    Scope - (Show below) - (Hide below)

    1.1 This guide recommends techniques for treating uncertainty in input values to an economic analysis of a building investment project. It also recommends techniques for evaluating the risk that a project will have a less favorable economic outcome than what is desired or expected.

    1.2 The techniques include breakeven analysis, sensitivity analysis, risk-adjusted discounting, the mean-variance criterion and coefficient of variation, decision analysis, and simulation.

    1.3 The techniques can be used with economic methods that measure economic performance, such as life-cycle cost analysis, net benefits, the benefit-to-cost ratio, internal rate of return, and payback.

    General Product Information - (Show below) - (Hide below)

    Committee E 06
    Document Type Guide
    Publisher American Society for Testing and Materials
    Status Superseded
    Superseded By

    Standards Referenced By This Book - (Show below) - (Hide below)

    ASTM E 1946 : 2018 Standard Practice for Measuring Cost Risk of Buildings and Building Systems and Other Constructed Projects
    ASTM E 2204 : 2015 Standard Guide for Summarizing the Economic Impacts of Building-Related Projects
    ASTM E 1557 : 2009 : R2015 Standard Classification for Building Elements and Related Sitework—UNIFORMAT II
    ASTM E 1699 : 2014 Standard Practice for Performing Value Engineering (VE)/Value Analysis (VA) of Projects, Products and Processes
    ASTM E 1185 : 2015 Standard Guide for Selecting Economic Methods for Evaluating Investments in Buildings and Building Systems
    ASTM E 2506 : 2015 Standard Guide for Developing a Cost-Effective Risk Mitigation Plan for New and Existing Constructed Facilities
    ASTM E 1057 : 2015 Standard Practice for Measuring Internal Rate of Return and Adjusted Internal Rate of Return for Investments in Buildings and Building Systems
    ASTM E 2103/E2103M : 2013 Standard Classification for Bridge Elements—UNIFORMAT II
    ASTM E 3035 : 2015 Standard Classification for Facility Asset Component Tracking System (FACTS)
    ASTM E 2156 : 2004 : R2013 Standard Guide for Evaluating Economic Performance of Alternative Designs, Systems, and Materials in Compliance with Performance Standard Guides for Single-Family Attached and Detached Dwellings (Withdrawn 2022)
    ASTM E 3008/E3008M : 2016 Standard Classification for Transportation Surface Elements—UNIFORMAT II
    ASTM E 1804 : 2016 Standard Practice for Performing and Reporting Cost Analysis During the Design Phase of a Project
    ASTM E 1074 : 2015 Standard Practice for Measuring Net Benefits and Net Savings for Investments in Buildings and Building Systems
    ASTM E 1121 : 2015 Standard Practice for Measuring Payback for Investments in Buildings and Building Systems
    ASTM E 964 : 2015 Standard Practice for Measuring Benefit-to-Cost and Savings-to-Investment Ratios for Buildings and Building Systems
    ASTM E 3130 : 2018 Standard Guide for Developing Cost-Effective Community Resilience Strategies
    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 2103/E2103M : 2019 Standard Classification for Bridge Elements—UNIFORMAT II
    ASTM E 1699 : 2014 : R2020 Standard Practice for Performing Value Engineering (VE)/Value Analysis (VA) of Projects, Products and Processes
    ASTM E 1557 : 2009 : R2020 : EDT 1 Standard Classification for Building Elements and Related Sitework—UNIFORMAT II
    ASTM E 2204 : 2015 : R2020 : EDT 1 Standard Guide for Summarizing the Economic Impacts of Building-Related Projects
    ASTM E 1185 : 2015 : R2020 : EDT 1 Standard Guide for Selecting Economic Methods for Evaluating Investments in Buildings and Building Systems
    ASTM E 3008/E3008M : 2016 : EDT 1 Standard Classification for Transportation Surface Elements—UNIFORMAT II
    ASTM E 1121 : 2015 : R2020 : EDT 1 Standard Practice for Measuring Payback for Investments in Buildings and Building Systems
    ASTM E 3035 : 2015 : R2020 Standard Classification for Facility Asset Component Tracking System (FACTS)
    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 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
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