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ASTM

ASTM E2811 : 24

Standard Practice for Management of Low-Risk Property (LRP)

Standard Details

1.1 This practice covers the assessment of risk and management of low-risk property (LRP).

1.2 This practice is directed at tangible LRP.

1.3 This practice does not promote mismanagement or dereliction of duty to protect property, nor protecting property unreasonably—to the extent that usefulness is impaired. This practice recognizes the constraints of materiality and costs versus benefits in the control and management of property.

1.4 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.

General Information

Status : ACTIVE
Standard Type: Main
Document No: ASTM E2811 : 24
Document Year: 2024
Pages: 2
  • Section Volume:
  • 04.12 Volume 04.12 Building Constructions (II): E2112-latest; Sustainability; Asset Management; Technology and Underground Utilities
  • ICS:
  • 03.100.01 Company organization and management in general

Life Cycle

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ACTIVE
ASTM E2811 : 24

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