Reconciling theory and practice of life-cycle costing
Series: Building Research and Information ; 28(5/6) 2000, 368-375(8)Publication details: 2000Subject(s): Summary: 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.| Item type | Current library | Copy number | Status | Barcode | |
|---|---|---|---|---|---|
| Journal article | London Journal article | 1 | Available | 108994-1001 |
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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.