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Normas ASTM – AENOR
ASTM E1369-98

ASTM E1369-98

Standard Guide for Selecting Techniques for Treating Uncertainty and Risk in the Economic Evaluation of Buildings and Building Systems

Fecha:
2017-08-16 /Historical
Superseeded by:
Scope:

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.

Keywords:
Breakdown voltage; Breakeven analysis; Breaking strength/tenacity-rubber; Building economics; Certainty equivalent factor (CEF) technique; Construction consistency; Construction contingency simulation; Contingency analysis; Energy-conservation; Expected value analysis; Mathematical/analytical technique; Mathematical models; Nonprobalistic statistical techniques; Probabilistic statistical techniques; Risk adjusted discount rate (RADR) technique; Risk analysis; Sensitivity criterion/response; Statistical methods; Uncertainty; selecting techniques for treating uncertainty/risk in economic; evaluation of building systems, guide
57,02
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