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Standardized method of life cycle costing for construction procurement a supplement to BS ISO 15686-5:2008 buildings and constructed assets - service life planning - part 5: life cycle costing

By: Contributor(s): Language: English Publication details: London BSI 2008Description: vii, 87p. 30cmISBN:
  • 9780580626623
Subject(s): LOC classification:
  • 692.5 $2 18
Partial contents:
Introduction -- Guiding principles -- Life cycle cost data: structure and definitions -- Applications -- Metrics -- Risks and uncertainty -- Information and data assumptions -- Terms, definitions and abbreviations -- Annexes: menu of life cycle costs and whole life costs; BCIS standard form of cost analysis (SCFA) UK capital cost data structure; cost mapping the life cycle cost menu to BS ISO 15686-5 and to the international total occupancy cost (ITOC) codes; worked examples; example of a life cycle costing risk log; forms for life cycle costing analysis; sources of information
Summary: Offers a standardized method of life cycle costing which is relevant to the UK construction industry and the main stages of the procurement process. Sets out practical guidance and provides examples and process maps. Aims to remove confusion over scoping and terminology, as well as to deal with the uncertainty and risks which reduce confidence in life cycle costs.

Introduction -- Guiding principles -- Life cycle cost data: structure and definitions -- Applications -- Metrics -- Risks and uncertainty -- Information and data assumptions -- Terms, definitions and abbreviations -- Annexes: menu of life cycle costs and whole life costs; BCIS standard form of cost analysis (SCFA) UK capital cost data structure; cost mapping the life cycle cost menu to BS ISO 15686-5 and to the international total occupancy cost (ITOC) codes; worked examples; example of a life cycle costing risk log; forms for life cycle costing analysis; sources of information

Offers a standardized method of life cycle costing which is relevant to the UK construction industry and the main stages of the procurement process. Sets out practical guidance and provides examples and process maps. Aims to remove confusion over scoping and terminology, as well as to deal with the uncertainty and risks which reduce confidence in life cycle costs.