Standard Practice for Measuring Payback for Investments in Buildings and Building Systems (Includes all amendments and changes 5/6/2020).Translate name
STANDARD published on 1.4.2020
Designation standards: ASTM E1121-15(2020)e1
Publication date standards: 1.4.2020
The number of pages: 9
Approximate weight : 27 g (0.06 lbs)
Country: American technical standard
Category: Technical standards ASTM
benefit-cost analysis, building economics, economic evaluation methods, engineering economics, investment analysis, life-cycle cost analysis, maximum acceptable payback period, net benefits, net savings, payback, sensitivity analysis, simple payback,, ICS Number Code 03.060 (Finances. Banking. Monetary systems. Insurance), 91.010.99 (Other aspects)
|Significance and Use|
5.1 The payback method is part of a family of economic evaluation methods that provide measures of economic performance of an investment. Included in this family of evaluation methods are life-cycle costing, benefit-to-cost and savings-to-investment ratios, net benefits, and internal rates of return.
5.2 The payback method accounts for all monetary values associated with an investment up to the time at which cumulative net benefits, discounted to present value, just pay off initial investment costs.
5.3 Use the method to find if a project recovers its investment cost and other accrued costs within its service life or within a specified maximum acceptable payback period (MAPP) less than its service life. It is important to note that the decision to use the payback method should be made with care. (See Section on Limitations.)
1.1 This practice provides a recommended procedure for calculating and applying the payback method in evaluating building designs and building systems.
1.2 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.
|2. Referenced Documents|
Do you want to make sure you use only the valid technical standards?
We can offer you a solution which will provide you a monthly overview concerning the updating of standards which you use.
Would you like to know more? Look at this page.
Latest update: 2021-04-11 (Number of items: 2 440 786)
© Copyright 2021 NORMSERVIS s.r.o.