Whole Life Costing

Author : Mariana Trusson
Publisher : Taylor & Francis
ISBN 13 : 131728996X
Total Pages : 153 pages
Book Rating : 4.68/5 ( download)

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Download or read book Whole Life Costing for Sustainable Building written by Mariana Trusson and published by Taylor & Francis. This book was released on 2019-11-05 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whole life costing is now integral to building procurement, both for new buildings and major refurbishments. It is key when assessing investment scenarios for estates as well as individual buildings, and has become a tool for justifying higher capital cost items. Standard whole life costing methods combine capital cost, facilities costs, operational costs, income and disposal costs with a “single action–single benefit” approach. Costing based on this type of single attribute assessment misses out on realising value from the intricacies of the interactions buildings have with their occupants, users and the location in which they are placed. In contrast, the multi-attribute approach presented by the author of this book explains how to analyse the whole cost of a building, while also taking into account secondary and tertiary values of a variety of actions that are deemed important for the project owners and decision-making stakeholders. The process is an effective tool for presenting a good business case within the opportunities and constrains of real life. For example, it presents the interdependencies of how: Building location affects servicing strategies which impact on maintainability and control and, by extension, on occupant comfort; Material selection affects time on site, building maintainability as well as overall building quality and the environment; Building shape impacts on servicing strategies as well as operating costs. The reader will be shown how to incorporate this method of whole life valuation into standard cost models allowing for a more robust decision making process. This is done by breaking down project aims into their most basic aspects and adopting the methods of simple quantitative risk analysis, the functionality of which is based on real data. Written by an author immersed in project team collaboration to identify the interdependencies of design decisions throughout her professional life, this is the most practical guide available on the topic.

Author : Peter Caplehorn
Publisher : Routledge
ISBN 13 : 0415434238
Total Pages : 162 pages
Book Rating : 4.32/5 ( download)

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Download or read book Whole Life Costing written by Peter Caplehorn and published by Routledge. This book was released on 2012 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book sets out the practical issues involved in the selection of materials, their performance, and the issues that need to be taken into account. The issues are not formularised or packaged, but the reader is given a clear understanding and sensible practical guidance.

Author : Abdelhalim Boussabaine
Publisher : John Wiley & Sons
ISBN 13 : 0470759151
Total Pages : 264 pages
Book Rating : 4.58/5 ( download)

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Download or read book Whole Life-Cycle Costing written by Abdelhalim Boussabaine and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whole life-cycle costing (WLCC) is rapidly becoming the standard method for the long-term cost appraisal of buildings and civil infrastructure projects. With clients now demanding buildings that demonstrate value for money over the long term, WLCC has become an essential tool for those involved in the design, construction, operation and risk analysis of construction projects. Whole-life costing: risk and risk responses offers a thorough grounding in both the theory and practical application of WLCC. Part I deals with the fundamentals, providing the general background to appreciate WLCC concepts and whole life risk management techniques at the key decision-making milestones through a project’s life. Part II covers the design stage, including service life forecasting and environmental life-cycle assessment techniques in WLCC. Practical frameworks both for assessing whole life risks and risk responses, as well as guidance on developing WLCC budget estimates are also developed. In Part III, the authors consider WLCC during the construction and operations stages, with a strong emphasis upon risk analysis methods and dynamic WLCC assessment. With its mixture of established theory, best practice and innovative approaches, this book will help you make more accurate assessments of the long-term cost effectiveness of projects by: providing a thorough grounding in the theory of WLCC demonstrating how decision-making uncertainty can be reduced by basing choices on sound risk management principles identifying a systematic approach to planning the post-occupancy costs.

Author : Ian Ellingham
Publisher : Routledge
ISBN 13 : 1134279191
Total Pages : 267 pages
Book Rating : 4.97/5 ( download)

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Download or read book New Generation Whole-Life Costing written by Ian Ellingham and published by Routledge. This book was released on 2007-05-07 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: New Generation Whole-Life Costing presents an innovative approach to decision-making and risk management for construction and real estate. It applies the options-based approach that has revolutionized the management of uncertainty in the business world. Based on government-sponsored research at Cambridge Architectural Research Ltd., the book introduces the idea of 'lifecycle options'. The desirability of whole-life costing is widely accepted, but take-up levels have been low. One problem is that traditional techniques fail to take account of future uncertainty. In contrast, the new options-based approach considers a diversity of possible futures, and favours flexible strategies that incorporate lifecycle options. This approach leads to more cost-effective and sustainable decisions, minimizing the risk of under- or over-investment. This book is structured around realistic case studies that demonstrate the prevalence of lifecycle options. These case studies are backed up by clear presentation of basic principles and mathematical techniques allowing the book to be read either as a stimulating introduction to new concepts, or as a guide to mathematical methods.

Author : J.W. Bull
Publisher : Routledge
ISBN 13 : 1135697841
Total Pages : 174 pages
Book Rating : 4.46/5 ( download)

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Download or read book Life Cycle Costing for Construction written by J.W. Bull and published by Routledge. This book was released on 2003-10-04 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: The construction industry is becoming increasingly aware of the need to adopt a holistic approach to the design, building, and disposal of structures. With 60 per cent of the total construction budget in most developed countries being spent on repair and maintenance, there is an obvious need to design for reliability and durability, with more carefully planned maintenance and repair schedules. One important facet is to look at how costs are distributed and spent during the lifetime of a structure: an approach known as life cycle costing, which has the ultimate aim of minimising total lifetime expenditure. As an example, choosing an inexpensive coating for steelwork may require maintenance every three years, whereas a coating which is more expensive may require repairing only once per decade. It is a question of balance - taking the lifetime costs of the structure into consideration. This new book provides an insight into how whole life costing is affecting our approach to designing, building, maintaining and disposing of structures. The book is written for consulting engineers in the fields of civil and structural engineering, building designers, architects, quantity surveyors, refurbishing specialists, as well as practising civil and structural engineers engaged in planning, design, construction, repair and refurbishment of structures.

Author : Nalanie Mithraratne
Publisher : Routledge
ISBN 13 : 1136360700
Total Pages : 224 pages
Book Rating : 4.01/5 ( download)

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Download or read book Sustainable Living: the Role of Whole Life Costs and Values written by Nalanie Mithraratne and published by Routledge. This book was released on 2007-09-04 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Achieving a sustainable building is not just a matter of design and construction: what happens once the building is occupied is absolutely critical. This book shows how the choices designers, developers and building users make impact on sustainability over the life span of the building. The authors show how a holistic approach considering costs, energy use, environmental impact, global warming potential as well as items which a usually disregarded such as finishes, furniture and appliances is needed to achieve best practice.

Author : Stephen J. Kirk
Publisher : McGraw-Hill Companies
ISBN 13 : 9780070348042
Total Pages : 262 pages
Book Rating : 4.49/5 ( download)

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Download or read book Life Cycle Costing for Design Professionals written by Stephen J. Kirk and published by McGraw-Hill Companies. This book was released on 1995 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This revised second edition of the standard reference for design professionals supplies an arsenal of economic weapons for constructing, operating, and managing buildings at the lowest cost possible. Everything professionals need to put the latest construction-related strategies to work is right here in one convenient, quick reference guide.

Author : Jan Emblemsvåg
Publisher : John Wiley & Sons
ISBN 13 : 047146919X
Total Pages : 338 pages
Book Rating : 4.93/5 ( download)

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Download or read book Life-Cycle Costing written by Jan Emblemsvåg and published by John Wiley & Sons. This book was released on 2003-05-27 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Everyone jokes about the 20/20 hindsight of cost management. In Life-Cycle Costing, Jan Emblemsvag proposes to do something about it. Here's a new approach to life cycle costing that brings activity-based costing, risk, and uncertainty into the forefront. You'll focus on future costs and learn how you can perform any type of cost management activity better than before by introducing uncertainty into models and exploiting them to the max. Order your copy today!

Author : David Hunkeler
Publisher : CRC Press
ISBN 13 : 1420054732
Total Pages : 234 pages
Book Rating : 4.36/5 ( download)

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Download or read book Environmental Life Cycle Costing written by David Hunkeler and published by CRC Press. This book was released on 2008-05-29 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Balances Scientific and Economic Points of View to Thoroughly Address Management Issues Responding to the need for clarification and benchmarks, Environmental Life Cycle Costing provides the fundamental basis on which to establish a definitive methodology. Clearly defining environmental LCC, this book balances scientific and econom

Author : Roger Flanagan
Publisher : John Wiley & Sons
ISBN 13 : 1405148136
Total Pages : 192 pages
Book Rating : 4.39/5 ( download)

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Download or read book Whole Life Appraisal for Construction written by Roger Flanagan and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whole life appraisal entails a review not just of the capital costs of a project, but also the running and maintenance costs and is increasingly being required by clients seeking maximum value for money. This new book provides an introduction to the subject, discusses issues such as investment appraisal and life expectancy of components, and shows by means of case studies how to carry out a whole life appraisal.