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Homepage>ASTM Standards>ASTM E2204-15R20E01 - Standard Guide for Summarizing the Economic Impacts of Building-Related Projects
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Released: 01.04.2020

ASTM E2204-15R20E01 - Standard Guide for Summarizing the Economic Impacts of Building-Related Projects

Standard Guide for Summarizing the Economic Impacts of Building-Related Projects

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Standard number:ASTM E2204-15R20E01
Released:01.04.2020
Status:Active
Pages:18
Section:04.12
Keywords:adjusted internal rate of return; analytical hierarchy process; benefit-to-cost ratio; building economics; economic evaluation methods; economic impacts; engineering economics; homeland security; impact assessment; internal rate of return; life-cycle costs; man-made hazards; measures of worth; multiattribute decision analysis; natural hazards; net benefits; net savings; payback; savings-to-investment ratio; value engineering;
DESCRIPTION

1.1 This guide covers a generic format for summarizing the economic impacts of building-related projects.

1.2 The guide provides technical persons, analysts, and researchers a tool for communicating project impacts in a condensed format to management and non-technical persons.

1.3 The generic format described in this guide calls for a description of the significance of the project, the analysis strategy, a listing of data and assumptions, and a presentation of the key economic measures of project impact.

1.4 This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety, health, and environmental practices and determine the applicability of regulatory limitations prior to use.

1.5 This international standard was developed in accordance with internationally recognized principles on standardization established in the Decision on Principles for the Development of International Standards, Guides and Recommendations issued by the World Trade Organization Technical Barriers to Trade (TBT) Committee.