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Whole Life Cycle Costing
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Book Synopsis Whole Life-Cycle Costing by : Abdelhalim Boussabaine
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.
Book Synopsis Life Cycle Costing for Construction by : J.W. Bull
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.
Book Synopsis Life-Cycle Costing by : Jan Emblemsvåg
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!
Book Synopsis Life Cycle Costing for Engineers by : B.S. Dhillon
Download or read book Life Cycle Costing for Engineers written by B.S. Dhillon and published by CRC Press. This book was released on 2009-10-26 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cradle-to-grave analyses are becoming the norm, as an increasing amount of corporations and government agencies are basing their procurement decisions not only on initial costs but also on life cycle costs. And while life cycle costing has been covered in journals and conference proceedings, few, if any, books have gathered this information into an
Book Synopsis Environmental Life Cycle Costing by : David Hunkeler
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
Book Synopsis Life Cycle Costing by : Subramanian Senthilkannan Muthu
Download or read book Life Cycle Costing written by Subramanian Senthilkannan Muthu and published by Springer Nature. This book was released on 2023-10-09 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Life Cycle Costing (LCC) is a well-known and popular method to evaluate the economic sustainability, which as the term implies is structured on the life cycle of a product or process. LCC is a method primarily consisting of estimating the total cost of a product, taking into account the whole life cycle of the product as well as the direct and external costs. It is one of the important methods and tools under the sustainability umbrella. This book describes the concept of LCC and offers several interesting case studies.
Book Synopsis Life Cycle Costing by : John W. Bull
Download or read book Life Cycle Costing written by John W. Bull and published by Whittles. This book was released on 2015 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: The key areas of life cycle cost analysis (LCCA) and whole life costing (WLC) are exemplified in this volume with accounts of their application to housing stock, a community hydroelectric power system, various aspects of highway infrastructure, and corrosion protective coatings. Sustainable construction and design requires more than compliance with safety requirements and economic constraints; there is also the impact on the environment, the surrounding population, and users of the infrastructure. This requires a multidimensional perspective of sustainability to be considered in life cycle costing (LCC) combining current design criteria with these other aspects. It has become increasingly important to understand the full costs of civil engineering infrastructure, and the main sources of cost, along the whole supply chain and to identify cost reduction opportunities. The conventional procurement approach without the integration of probabilistic life cycle cost modelling induces substantial long-term maintenance costs. Once deterioration and life cycle cost models have been established, appropriate partnership procurement strategies, associated financing methods, and determination of the project period can be developed. LCC includes the cost of planning, design, acquisition, operation, maintenance, and disposal of buildings and other construction assets, while WLC additionally includes incomes and other costs such as non-construction costs and externalities. In whole life costing, social, environmental, or business costs or benefits are considered as externalities and care must be taken not to double count the impacts when WLC is used together with LCCA. The international examples included in this book illustrate practically the methodology of life cycle costing and the application of life cycle cost analysis to identify the most appropriate method for assessing the relative merits of competing project implementation alternatives.
Book Synopsis Project Life Cycle Economics by : Mr Massimo Pica
Download or read book Project Life Cycle Economics written by Mr Massimo Pica and published by Gower Publishing, Ltd.. This book was released on 2015-04-28 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financing of modern construction projects reflects the need to address the costs and benefits of the whole life of the project. This means that end of life economics can now have a far greater impact on the planning and feasibility phases. During the project itself, decisions on construction materials and processes all influence the schedule as well as both immediate and down-the-line costs. Massimo Pica and his co-authors explain in detail the fundamentals of project life cycle economics and how they apply in the context of complex modern construction. This is an essential guide for those involved in construction project design, tendering and contracting; to help ensure the sustainability of the project or their contribution to it, from the start. It is also important for those involved in the delivery of the project to help them make the choices to keep the project on a financial even keel. Government, corporations and other organizations are looking for new models of collaborative working to fund their large construction and infrastructure projects in the face of changing attitudes to risk; a better educated and more demanding base of end-user clients and the increasing requirements for projects that are environmentally responsible and sustainable. Project Life Cycle Economics is a fundamental primer for those commissioning and those delivering construction.
Book Synopsis Maintenance Costs and Life Cycle Cost Analysis by : Diego Galar
Download or read book Maintenance Costs and Life Cycle Cost Analysis written by Diego Galar and published by CRC Press. This book was released on 2017-09-18 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: Authors have attempted to create coherent chapters and sections on how the fundamentals of maintenance cost should be organized, to present them in a logical and sequential order. Necessarily, the text starts with importance of maintenance function in the organization and moves to life cycle cost (LCC) considerations followed by the budgeting constraints. In the process, they have intentionally postponed the discussion about intangible costs and downtime costs later on in the book mainly due to the controversial part of it when arguing with managers. The book will be concluding with a short description of a number of sectors where maintenance cost is of critical importance. The goal is to train the readers for a deeper study and understanding of these elements for decision making in maintenance, more specifically in the context of asset management. This book is intended for managers, engineers, researchers, and practitioners, directly or indirectly involved in the area of maintenance. The book is focused to contribute towards better understanding of maintenance cost and use of this knowledge to improve the maintenance process. Key Features: • Emphasis on maintenance cost and life cycle cost especially under uncertainty. • Systematic approach of how cost models can be applied and used in the maintenance field. • Compiles and reviews existing maintenance cost models. • Consequential and direct costs considered. • Comparison of maintenance costs in different sectors, infrastructure, manufacturing, transport.
Book Synopsis Engineering Economics of Life Cycle Cost Analysis by : John Vail Farr
Download or read book Engineering Economics of Life Cycle Cost Analysis written by John Vail Farr and published by CRC Press. This book was released on 2018-10-17 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Engineering has changed dramatically in the last century. With modern computing systems, instantaneous communication, elimination of low/mid management, increased complexity, and extremely efficient supply chains, all have dramatically affected the responsibilities of engineers at all levels. The future will require cost effective systems that are more secure, interconnected, software centric, and complex. Employees at all levels need to be able to develop accurate cost estimates based upon defensible cost analysis. It is under this backdrop that this book is being written. By presenting the methods, processes, and tools needed to conduct cost analysis, estimation, and management of complex systems, this textbook is the next step beyond basic engineering economics. Features Focuses on systems life cycle costing Includes materials beyond basic engineering economics, such as simulation-based costing Presents cost estimating, analysis, and management from a total ownership cost perspective Offers numerous real-life examples Provides excel based textbook/problems Offers PowerPoint slides, Solutions Manual, and author website with downloadable excel solutions, etc.
Book Synopsis Pump Life Cycle Costs by : Lars Frenning
Download or read book Pump Life Cycle Costs written by Lars Frenning and published by Hydraulic Institite & Europum. This book was released on 2001 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Bridge Life-cycle Cost Analysis by : Hugh Hawk
Download or read book Bridge Life-cycle Cost Analysis written by Hugh Hawk and published by Transportation Research Board. This book was released on 2003 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accompanying CD-ROM contains software, Guidance manual, User manual, and appendixes to report.
Book Synopsis Affordable Reliability Engineering by : William R. Wessels
Download or read book Affordable Reliability Engineering written by William R. Wessels and published by CRC Press. This book was released on 2015-04-16 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: How Can Reliability Analysis Impact Your Company's Bottom Line?While reliability investigations can be expensive, they can also add value to a product that far exceeds its cost. Affordable Reliability Engineering: Life-Cycle Cost Analysis for Sustainability & Logistical Support shows readers how to achieve the best cost for design develo
Book Synopsis Sustainable Living: the Role of Whole Life Costs and Values by : Nalanie Mithraratne
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.
Book Synopsis Life Cycle Costing by : B. S. Dhillon
Download or read book Life Cycle Costing written by B. S. Dhillon and published by Psychology Press. This book was released on 1989 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evaluating the cost of acquiring major pieces of equipment also necessitates costing their life maintenance. Providing coverage of recent advances in this field, this book covers such topics as reliability improvement warranty, computer hardware/software costing, and reliability engineering.
Book Synopsis Life cycle costing. Advantages, disadvantages and criticism of this procedure by : Roberto Niesing
Download or read book Life cycle costing. Advantages, disadvantages and criticism of this procedure written by Roberto Niesing and published by GRIN Verlag. This book was released on 2008-06-25 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2008 in the subject Business economics - Accounting and Taxes, grade: 2,0, University of Glamorgan, language: English, abstract: Sustainability is developing in as important target for an increasing number of industries and governments. Especially in a faster moving world, which is determined by quarterly period reports, a long term orientation can be a competitive advantage for unlisted companies. In the 1960 ́s the US Department of Defense began to develop a tool to handle increasing costs. They recognized that the purchase price was not the only important criteria. Training or maintaining costs had to be considered for the total cost calculation, too. However, several definitions of Life cycle costing (LCC) exist that tend to be similar: ’monitoring the cost incurred throughout a product’s life cycle’ (Woodward, 1997) or ‘LCC is the sum of all costs incurred during the life cycle of a building, system or product. It includes the costs of the project, development, and acquisition, operation, conservation and maintenance and salvage value if it exists.’ (Goralczyk, and Kulczycka, 2005). In the following essay several functions of life cycle costing will be drawn up. Furthermore, advantages, disadvantages and criticism of this procedure will be analyzed.
Book Synopsis Life Cycle Assessment by : Michael Z. Hauschild
Download or read book Life Cycle Assessment written by Michael Z. Hauschild and published by Springer. This book was released on 2017-09-01 with total page 1215 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a uniquely pedagogical while still comprehensive state-of-the-art description of LCA-methodology and its broad range of applications. The five parts of the book conveniently provide: I) the history and context of Life Cycle Assessment (LCA) with its central role as quantitative and scientifically-based tool supporting society’s transitioning towards a sustainable economy; II) all there is to know about LCA methodology illustrated by a red-thread example which evolves as the reader advances; III) a wealth of information on a broad range of LCA applications with dedicated chapters on policy development, prospective LCA, life cycle management, waste, energy, construction and building, nanotechnology, agrifood, transport, and LCA-related concepts such as footprinting, ecolabelling,design for environment, and cradle to cradle. IV) A cookbook giving the reader recipes for all the concrete actions needed to perform an LCA. V) An appendix with an LCA report template, a full example LCA report serving as inspiration for students who write their first LCA report, and a more detailed overview of existing LCIA methods and their similarities and differences.
