Reconciling theory and practice of life-cycle costing
Cole, R.
Reconciling theory and practice of life-cycle costing - 2000 - Building Research and Information 28(5/6) 2000, 368-375(8) .
Looks at the concept of life-cycle costing. This is recognised as a valuable approach for comparing alternative building designs. It enables operational cost benefits to be evaluated against any initial cost increases. However, there are numerous practical difficulties with it, which have limited its widespread adoption. Identifies some of the critical gaps between the theory and practice of life-cycle cost analysis to reveal strategies that encourage greater use. References.
LIFE CYCLE COSTING
BUILT ENVIRONMENT-CONSTRUCTION DESIGN
WHOLE LIFE COSTS
GREEN BUILDING
CONSTRUCTION PROCUREMENT
Reconciling theory and practice of life-cycle costing - 2000 - Building Research and Information 28(5/6) 2000, 368-375(8) .
Looks at the concept of life-cycle costing. This is recognised as a valuable approach for comparing alternative building designs. It enables operational cost benefits to be evaluated against any initial cost increases. However, there are numerous practical difficulties with it, which have limited its widespread adoption. Identifies some of the critical gaps between the theory and practice of life-cycle cost analysis to reveal strategies that encourage greater use. References.
LIFE CYCLE COSTING
BUILT ENVIRONMENT-CONSTRUCTION DESIGN
WHOLE LIFE COSTS
GREEN BUILDING
CONSTRUCTION PROCUREMENT