ASTM E1185-15 (R2020)e1 PDF Download
Standard EN
Standard Guide for Selecting Economic Methods for Evaluating Investments in Buildings and Building Systems
Also Known As:
The ASTM E1185-15 (R2020)e1 standard provides guidance on how to measure the economic performance of investments in buildings and building systems. The standard recommends using standard practices published by ASTM and a computer program that produces consistent economic measures. It also refers to Discount Factor Tables published by ASTM to facilitate the computation of performance measures.
The guide serves three main purposes. Firstly, it helps identify the types of building design and system decisions that require economic analysis. Secondly, it assists in matching the appropriate economic methods with these decisions. Lastly, it provides a reference to locate the recommended methods within the ASTM practices and adjuncts listed in Section 2.
It is important to note that multiple technically appropriate economic methods may be suitable for many building decisions. The choice of which method to use often depends on the user's perspective. Factors that influence the user's decision include the ease of applying the methods, their familiarity with the methods, personal preferences, and budget limitations for the project.
The guide also highlights some features and limitations of the economic methods that may influence the user's choices under different conditions.
| Descriptors | building systems, cost-effectiveness, net savings, ,Building Economics,Building Investments,Building Structures,Economics |
| ICS Codes | 91.010.20 - Contractual aspects |
| Language(s) | English |
| File Size | 92.2 KB |
