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ASTM E1946-02
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ASTM E1946-02 Standard Practice for Measuring Cost Risk of Buildings and Building Systems
standard by ASTM International, 10/10/2002
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Full Description
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.