{"product_id":"whole-life-appraisal-for-construction-9780632050468","title":"Whole Life Appraisal for Construction","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eWhole life appraisal is a valuable tool that considers both cost and performance over the whole life of a facility and involves balancing the capital costs against the future operating and maintenance costs, whether it is a school, a road, an airport or a power plant.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eAcknowledgements vii\u003c\/p\u003e \u003cp\u003ePreface viii\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1 Whole life appraisal – an introduction 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1.1 Objective 1\u003c\/p\u003e \u003cp\u003e1.2 What is whole life appraisal (WLA)? 1\u003c\/p\u003e \u003cp\u003e1.3 Why bother with whole life appraisal? 2\u003c\/p\u003e \u003cp\u003e1.4 Is whole life appraisal different to whole life costing (WLC)? 2\u003c\/p\u003e \u003cp\u003e1.5 Who uses WLA and WLC? 2\u003c\/p\u003e \u003cp\u003e1.6 When should WLA be undertaken? 3\u003c\/p\u003e \u003cp\u003e1.7 What is the link between best value and best price? 3\u003c\/p\u003e \u003cp\u003e1.8 Nobody can accurately forecast the future, so how reliable are the results of a whole life appraisal exercise? 4\u003c\/p\u003e \u003cp\u003e1.9 How can money spent at different times over the life of a facility be incorporated into WLA? 4\u003c\/p\u003e \u003cp\u003e1.10 What discount rate should be used? 4\u003c\/p\u003e \u003cp\u003e1.11 How is inflation taken into account in the calculations 5\u003c\/p\u003e \u003cp\u003e1.12 Why isn’t WLA used more widely? 5\u003c\/p\u003e \u003cp\u003e1.13 So why bother now with WLA? 6\u003c\/p\u003e \u003cp\u003e1.14 Has the computer made a difference to the calculation of WLA? 7\u003c\/p\u003e \u003cp\u003e1.15 What has happened overseas? 7\u003c\/p\u003e \u003cp\u003e1.16 The whole process seems to be surrounded by jargon; how can WLA be made simpler to understand? 8\u003c\/p\u003e \u003cp\u003e1.17 Where does sustainability fit with WLA? 8\u003c\/p\u003e \u003cp\u003e1.18 Have the Construction Design and Management Regulations (CDM) 1994 changed the way\u003cbr\u003e whole life issues are considered? 8\u003c\/p\u003e \u003cp\u003e1.19 How does WLA fit with facilities\/asset management 9\u003c\/p\u003e \u003cp\u003e1.20 What is service life planning? 9\u003c\/p\u003e \u003cp\u003e1.21 Integrated Logistic Support (ILS) is a term used by the defence and aerospace industries; is WLA used in ILS? 9\u003c\/p\u003e \u003cp\u003e1.22 What is the difference between running costs and operating and maintenance costs? 10\u003c\/p\u003e \u003cp\u003e1.23 How does the residual value work? 10\u003c\/p\u003e \u003cp\u003e1.24 Should disruption costs be included in the WLA? 10\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2 Whole life appraisal: preliminary concepts 11\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e2.1 Introduction 11\u003c\/p\u003e \u003cp\u003e2.2 Whole life appraisal and construction 15\u003c\/p\u003e \u003cp\u003e2.3 Performance of systems, components and materials 17\u003c\/p\u003e \u003cp\u003e2.4 Design with whole life appraisal 18\u003c\/p\u003e \u003cp\u003e2.5 Whole life appraisal for new and old facilities 20\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3 An overview of whole life appraisal 23\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e3.1 The importance of whole life appraisal 23\u003c\/p\u003e \u003cp\u003e3.2 The adoption of whole life appraisal 23\u003c\/p\u003e \u003cp\u003e3.3 The balance between fixed and variable costs 26\u003c\/p\u003e \u003cp\u003e3.4 Different client motivations for the use of whole life appraisal 30\u003c\/p\u003e \u003cp\u003e3.5 The implementation of a whole life appraisal system 34\u003c\/p\u003e \u003cp\u003e3.6 The output of whole life appraisal 40\u003c\/p\u003e \u003cp\u003e3.7 Some unresolved problems 44\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4 Whole life appraisal at the planning and design stage 45\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e4.1 Introduction 45\u003c\/p\u003e \u003cp\u003e4.2 The components of whole life appraisal 48\u003c\/p\u003e \u003cp\u003e4.3 Whole life costing and cost management 54\u003c\/p\u003e \u003cp\u003e4.4 Appendix to Chapter 4 58\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5 Discounting and the time value of money 65\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e5.1 Introduction 65\u003c\/p\u003e \u003cp\u003e5.2 Discounting 67\u003c\/p\u003e \u003cp\u003e5.3 Choosing between alternative options 78\u003c\/p\u003e \u003cp\u003e5.4 Internal rate of return (IRR) 83\u003c\/p\u003e \u003cp\u003e5.5 Inflation 84\u003c\/p\u003e \u003cp\u003e5.6 Risk, uncertainty and sensitivity analysis 89\u003c\/p\u003e \u003cp\u003e5.7 Summary 91\u003c\/p\u003e \u003cp\u003e5.8 Appendix A to Chapter 5 92\u003c\/p\u003e \u003cp\u003e5.9 Appendix B to Chapter 5 93\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6 Data sources for whole life appraisal 95\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e6.1 The importance of improving data accuracy 95\u003c\/p\u003e \u003cp\u003e6.2 Shared data 96\u003c\/p\u003e \u003cp\u003e6.3 Computer aided design (CAD) 97\u003c\/p\u003e \u003cp\u003e6.4 Basic data sources 97\u003c\/p\u003e \u003cp\u003e6.5 Running costs of different types of buildings 101\u003c\/p\u003e \u003cp\u003e6.6 Data on durability and life expectancy of materials 108\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7 Operations and maintenance 115\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e7.1 Maintenance 115\u003c\/p\u003e \u003cp\u003e7.2 Energy in buildings 121\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8 A practical approach to whole life appraisal for construction 129\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e8.1 Introduction 129\u003c\/p\u003e \u003cp\u003e8.2 Initial problems 129\u003c\/p\u003e \u003cp\u003e8.3 Using the weighted evaluation technique as a decision-making tool 130\u003c\/p\u003e \u003cp\u003e8.4 A whole life approach involves a feedback system 134\u003c\/p\u003e \u003cp\u003e8.5 Whole life analysis 136\u003c\/p\u003e \u003cp\u003e8.6 Whole life planning 137\u003c\/p\u003e \u003cp\u003e8.7 The relationship between whole life analysis and whole life planning 138\u003c\/p\u003e \u003cp\u003e8.8 Cost relationships 140\u003c\/p\u003e \u003cp\u003e8.9 The sequence of whole life analysis, whole life planning and whole life management 142\u003c\/p\u003e \u003cp\u003e8.10 Documentation format for whole life planning 144\u003c\/p\u003e \u003cp\u003e8.11 Costs and benefits 147\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9 Taxation and whole life appraisal 149\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e9.1 The implications of taxation and grants for whole life cost 149\u003c\/p\u003e \u003cp\u003e9.2 Capital allowances for facilities 150\u003c\/p\u003e \u003cp\u003e9.3 Capital allowances for machinery, plant and equipment 153\u003c\/p\u003e \u003cp\u003e9.4 Capital savings allowances and energy savings 154\u003c\/p\u003e \u003cp\u003e\u003cb\u003e10 Integrated logistic support (ILS) 159\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e10.1 What is ILS? 159\u003c\/p\u003e \u003cp\u003e10.2 Where did ILS come from? 159\u003c\/p\u003e \u003cp\u003e10.3 What is the difference between ILS and whole life appraisal? 160\u003c\/p\u003e \u003cp\u003e10.4 ILS and construction 160\u003c\/p\u003e \u003cp\u003e10.5 Why use ILS? 161\u003c\/p\u003e \u003cp\u003e10.6 The concepts of ILS 162\u003c\/p\u003e \u003cp\u003e10.7 The main steps of ILS 162\u003c\/p\u003e \u003cp\u003e10.8 The benefits of ILS 163\u003c\/p\u003e \u003cp\u003e10.9 An example of ILS 163\u003c\/p\u003e \u003cp\u003e10.10 Summary for ILS 164\u003c\/p\u003e \u003cp\u003e\u003cb\u003e11 Summary and conclusions 165\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGlossary of terms used in whole life appraisal 169\u003c\/p\u003e \u003cp\u003eReferences and bibliography 175\u003c\/p\u003e \u003cp\u003eIndex 181\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":51037252288855,"sku":"9780632050468","price":66.56,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780632050468.jpg?v=1750934998","url":"https:\/\/bookcurl.com\/products\/whole-life-appraisal-for-construction-9780632050468","provider":"Book Curl","version":"1.0","type":"link"}