000			01973cad a2200265 4500
001			E133846
002			5159
008			060613n2006 000 0 eng u
020			_a0415346576 _a9780203624425
035			_a(Sirsi) u133846
041			_aeng
050			_a692.5 $2 18
100			_aEllingham, Ian
245			_aNew generation whole-life costing: property and construction decision-making under uncertainty _h[electronic resource]
260			_aAbingdon _bTaylor & Francis _c2006
300			_aeBook
350			_a70.00
520			_aPresents 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, minimising 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 presentation of basic principles and mathematical techniques allowing the book to be read either as an introduction to new concepts, or as a guide to mathematical methods.
590			_aIKA010806
650	2	4	_aEBOOK
690			_aMANAGEMENT-BUSINESS MANAGEMENT-COST MANAGEMENT-COST ANALYSIS-WHOLE LIFE COSTING
700			_aFawcett, William
856			_uhttps://www.vlebooks.com/ _zView on VLEbooks. Logins for members only from [email protected]
942			_n0
999			_c105486 _d105486