{"product_id":"whole-lifecycle-costing-9781405107860","title":"Whole LifeCycle Costing","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eWhole 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 \u003ci\u003eand\u003c\/i\u003e risk analysis of construction projects. \u003cbr\u003e \u003cbr\u003e 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 d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003eThis book provides useful material for those not involved in the field.\u003cbr\u003e \u003cp\u003eBuilding Services Journal\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003ePreface xi\u003c\/p\u003e \u003cp\u003eAcknowledgements xiii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I: Fundamentals of Whole Life-cycle Costing\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1 Towards an Understanding of Whole Life-cycle Costing 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1.1 Introduction 3\u003c\/p\u003e \u003cp\u003e1.2 Whole life-cycle costing: a brief history 4\u003c\/p\u003e \u003cp\u003e1.3 Defining whole life-cycle costing 7\u003c\/p\u003e \u003cp\u003e1.4 Risk and uncertainty in WLCC 9\u003c\/p\u003e \u003cp\u003e1.5 Subjectivity in WLCC 9\u003c\/p\u003e \u003cp\u003e1.6 Summary 10\u003c\/p\u003e \u003cp\u003eReferences 10\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2 Whole Life-cycle Costing Risk Management 12\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e2.1 Introduction 12\u003c\/p\u003e \u003cp\u003e2.2 Why has the construction industry failed to embrace WLCC? 12\u003c\/p\u003e \u003cp\u003e2.3 Why risk assessment in whole life costing? 13\u003c\/p\u003e \u003cp\u003e2.4 Data requirements in whole life-cycle costing and risk assessment 15\u003c\/p\u003e \u003cp\u003e2.5 Specifying a comprehensive set of objectives and measures for each WLCC component 17\u003c\/p\u003e \u003cp\u003e2.6 A framework for whole life costing risk management 22\u003c\/p\u003e \u003cp\u003e2.7 Summary 26\u003c\/p\u003e \u003cp\u003eReferences 26\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3 Key Decisions in the Whole Life-cycle Costing Process 28\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e3.1 Introduction 28\u003c\/p\u003e \u003cp\u003e3.2 Justification for investment and extraction of client requirements 29\u003c\/p\u003e \u003cp\u003e3.3 Key decisions at the conceptual development stage 31\u003c\/p\u003e \u003cp\u003e3.4 Key decisions at the detailed design stage 32\u003c\/p\u003e \u003cp\u003e3.5 Key decisions at the production stage 33\u003c\/p\u003e \u003cp\u003e3.6 Decisions at the operational stage 34\u003c\/p\u003e \u003cp\u003e3.7 Decisions at the end of economic life stage 35\u003c\/p\u003e \u003cp\u003e3.8 Summary 35\u003c\/p\u003e \u003cp\u003eReferences 36\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4 Fundamentals of Whole Life-cycle Cost Analysis 37\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e4.1 Introduction 37\u003c\/p\u003e \u003cp\u003e4.2 Concepts of the time value of money 37\u003c\/p\u003e \u003cp\u003e4.3 WLCC calculation models 38\u003c\/p\u003e \u003cp\u003e4.4 Measuring economic performance in whole life-cycle costing 41\u003c\/p\u003e \u003cp\u003e4.5 WLCC forecasting methods 49\u003c\/p\u003e \u003cp\u003e4.6 Benchmarking and key performance indicators 52\u003c\/p\u003e \u003cp\u003e4.7 WLCC key performance indicators 53\u003c\/p\u003e \u003cp\u003e4.8 Summary 54\u003c\/p\u003e \u003cp\u003eReferences 54\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5 Whole Life Risk Analysis Techniques 56\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e5.1 Introduction 56\u003c\/p\u003e \u003cp\u003e5.2 Risk analysis 56\u003c\/p\u003e \u003cp\u003e5.3 Qualitative risk analysis 58\u003c\/p\u003e \u003cp\u003e5.4 Risk matrices 58\u003c\/p\u003e \u003cp\u003e5.5 Risk registers 60\u003c\/p\u003e \u003cp\u003e5.6 Event trees 61\u003c\/p\u003e \u003cp\u003e5.7 Influence diagrams 62\u003c\/p\u003e \u003cp\u003e5.8 SWOT analysis 63\u003c\/p\u003e \u003cp\u003e5.9 Brainstorming sessions 63\u003c\/p\u003e \u003cp\u003e5.10 Quantitative risk analysis 64\u003c\/p\u003e \u003cp\u003e5.11 Probabilistic approaches to risk 64\u003c\/p\u003e \u003cp\u003e5.12 Simulation 71\u003c\/p\u003e \u003cp\u003e5.13 Sensitivity analysis 74\u003c\/p\u003e \u003cp\u003e5.14 Markov theory 74\u003c\/p\u003e \u003cp\u003e5.15 Deterministic measures of risk 75\u003c\/p\u003e \u003cp\u003e5.16 Mathematical and analytical techniques 77\u003c\/p\u003e \u003cp\u003e5.17 Artificial intelligence and fuzzy set theory 78\u003c\/p\u003e \u003cp\u003e5.18 Summary 81\u003c\/p\u003e \u003cp\u003eReferences 82\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II: Whole Life-cycle Costing: The Design Stage\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6 Design Service Life Planning 87\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e6.1 Introduction 87\u003c\/p\u003e \u003cp\u003e6.2 Estimation of service life for new structures 88\u003c\/p\u003e \u003cp\u003e6.3 Estimation of the remaining service life for existing structures 95\u003c\/p\u003e \u003cp\u003e6.4 Summary 103\u003c\/p\u003e \u003cp\u003eReferences 104\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7 Design Environmental Life-cycle Assessment 106\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e7.1 Introduction 106\u003c\/p\u003e \u003cp\u003e7.2 Life-cycle assessment 107\u003c\/p\u003e \u003cp\u003e7.3 Life-cycle assessment for design optimisation 110\u003c\/p\u003e \u003cp\u003e7.4 LCA tools 112\u003c\/p\u003e \u003cp\u003e7.5 Environmental life-cycle cost 114\u003c\/p\u003e \u003cp\u003e7.6 Case study 117\u003c\/p\u003e \u003cp\u003e7.7 Summary 120\u003c\/p\u003e \u003cp\u003eReference 121\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8 Whole Life-cycle Cost Planning at the Design Stage 122\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e8.1 Introduction 122\u003c\/p\u003e \u003cp\u003e8.2 Design whole life-cycle cost planning 122\u003c\/p\u003e \u003cp\u003e8.3 An integrated framework for WLC budget estimation 123\u003c\/p\u003e \u003cp\u003e8.4 Benchmarking WLC budgets 126\u003c\/p\u003e \u003cp\u003e8.5 Whole life cost planning 128\u003c\/p\u003e \u003cp\u003e8.6 Summary 141\u003c\/p\u003e \u003cp\u003eReferences 141\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9 Whole Life Risk and Risk Responses at Design Stage 142\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e9.1 Introduction 142\u003c\/p\u003e \u003cp\u003e9.2 Design whole life risk 143\u003c\/p\u003e \u003cp\u003e9.3 WLC risk identification and risk response measures at design\/precontract stages 146\u003c\/p\u003e \u003cp\u003e9.4 WLCC risk categorisation 154\u003c\/p\u003e \u003cp\u003e9.5 Design WLCC risk quantification 154\u003c\/p\u003e \u003cp\u003e9.6 Design risk response measures 159\u003c\/p\u003e \u003cp\u003e9.7 Summary 161\u003c\/p\u003e \u003cp\u003eReferences 162\u003c\/p\u003e \u003cp\u003e\u003cb\u003e10 Whole Life-cycle Costing of Mechanical and Electrical Services: a Case Study 163\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e10.1 Introduction 163\u003c\/p\u003e \u003cp\u003e10.2 Modelling the whole life cost of air-conditioning systems 164\u003c\/p\u003e \u003cp\u003e10.3 Data and methodology 166\u003c\/p\u003e \u003cp\u003e10.4 Results and discussion 170\u003c\/p\u003e \u003cp\u003e10.5 Summary 174\u003c\/p\u003e \u003cp\u003eReferences 174\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III: Whole Life-cycle Costing: Construction and Occupancy Stages\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e11 Whole Life Risk and Risk Responses at Construction Stage 179\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e11.1 Introduction 179\u003c\/p\u003e \u003cp\u003e11.2 WLCC at the construction stage 179\u003c\/p\u003e \u003cp\u003e11.3 WLCC risk during the construction stage 180\u003c\/p\u003e \u003cp\u003e11.4 Typology of WLCC risk at the construction stage 180\u003c\/p\u003e \u003cp\u003e11.5 Tools for allocating WLCC construction risk 187\u003c\/p\u003e \u003cp\u003e11.6 Significance of WLCC risk at the construction stage 188\u003c\/p\u003e \u003cp\u003e11.7 Monitoring WLCC risk throughout the construction programme 188\u003c\/p\u003e \u003cp\u003e11.8 Construction WLCC risk responses 189\u003c\/p\u003e \u003cp\u003e11.9 Summary 190\u003c\/p\u003e \u003cp\u003eReferences 190\u003c\/p\u003e \u003cp\u003e\u003cb\u003e12 Whole Life Risk and Risk Responses at Operational Stage 191\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e12.1 Introduction 191\u003c\/p\u003e \u003cp\u003e12.2 WLCC risks at operation stage 191\u003c\/p\u003e \u003cp\u003e12.3 Identifying the WLCC operational risks 192\u003c\/p\u003e \u003cp\u003e12.4 The maintenance cost centre 193\u003c\/p\u003e \u003cp\u003e12.5 The energy cost centre 195\u003c\/p\u003e \u003cp\u003e12.6 The facilities management cost centre 195\u003c\/p\u003e \u003cp\u003e12.7 Identifying the operational stage WLCC drivers 199\u003c\/p\u003e \u003cp\u003e12.8 Operational stage WLCC: risks and risk responses 199\u003c\/p\u003e \u003cp\u003e12.9 Summary 204\u003c\/p\u003e \u003cp\u003eReferences 204\u003c\/p\u003e \u003cp\u003e\u003cb\u003e13 Whole Life-cycle Costing during Operational Stage 205\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e13.1 Introduction 205\u003c\/p\u003e \u003cp\u003e13.2 Operational stage WLCC models 206\u003c\/p\u003e \u003cp\u003e13.3 The importance of operational costs in WLCC 206\u003c\/p\u003e \u003cp\u003e13.4 Conceptualising the WLCC model 206\u003c\/p\u003e \u003cp\u003e13.5 Existing WLCC models 207\u003c\/p\u003e \u003cp\u003e13.6 Recording WLCC data during occupancy stage 208\u003c\/p\u003e \u003cp\u003e13.7 Forecasting energy WLCC: a case study 210\u003c\/p\u003e \u003cp\u003e13.8 New WLCC models for operational stage WLCC analysis 216\u003c\/p\u003e \u003cp\u003e13.9 WLCC for an existing building: a case study of facilities management cost modelling 220\u003c\/p\u003e \u003cp\u003e13.10 Summary 222\u003c\/p\u003e \u003cp\u003eReferences 222\u003c\/p\u003e \u003cp\u003e\u003cb\u003e14 Whole Life Costing of Building Assets Occupancy: a Case Study 223\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e14.1 Introduction 223\u003c\/p\u003e \u003cp\u003e14.2 Sources of occupancy costs 223\u003c\/p\u003e \u003cp\u003e14.3 Set-up costs 225\u003c\/p\u003e \u003cp\u003e14.4 Non-controllable occupancy costs 226\u003c\/p\u003e \u003cp\u003e14.5 Controllable occupancy costs 226\u003c\/p\u003e \u003cp\u003e14.6 Disruption costs 227\u003c\/p\u003e \u003cp\u003e14.7 Data and methodology 229\u003c\/p\u003e \u003cp\u003e14.8 Results and analysis 234\u003c\/p\u003e \u003cp\u003e14.9 Summary 241\u003c\/p\u003e \u003cp\u003eReferences 241\u003c\/p\u003e \u003cp\u003eIndex 243\u003c\/p\u003e","brand":"John Wiley and Sons Ltd","offers":[{"title":"Default Title","offer_id":51039411929431,"sku":"9781405107860","price":80.96,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781405107860.jpg?v=1750943614","url":"https:\/\/bookcurl.com\/products\/whole-lifecycle-costing-9781405107860","provider":"Book Curl","version":"1.0","type":"link"}