Historical
ASTM E1946-12
Standard Practice for Measuring Cost Risk of Buildings and Building Systems and Other Constructed Projects
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.
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ASTM International [astm]
ASTM International [astm]