E-Book Overview
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.
E-Book Content
Life Cycle Costing for Construction
Life Cycle Costing for Construction Edited by JOHN W.BULL Department of Civil Engineering University of Newcastle upon Tyne Newcastle upon Tyne
First published by Blackie Academic & Professional in 1993 This edition published in the Taylor & Francis e-Library, 2003. E & Fn Spon is an imprint of the Taylor & Francis Group © Chapman & Hall, 1993 ISBN 0-203-48772-9 Master e-book ISBN
ISBN 0-203-79596-2 (Adobe eReader Format) ISBN 0 7514 0056 4 (Print Edition) Apart from any fair dealing for the purposes of research or private study, or criticism or review, as permitted under the UK Copyright Designs and Patents Act, 1988, this publication may not be reproduced, stored, or transmitted, in any form or by any means, without the prior permission in writing of the publishers, or in the case of reprographic reproduction only in accordance with the terms of the licences issued by the Copyright Licensing Agency in the UK, or in accordance with the terms of licences issued by the appropriate Reproduction Rights Organisation outside the UK. Enquiries concerning reproduction outside the terms stated here should be sent to the publishers at the Glasgow address printed on this page. The publisher makes no representation, express or implied, with regard to the accuracy of the information contained in this book and cannot accept any legal responsibility or liability for any errors or omissions that may be made. A catalogue record for this book is available from the British Library
Preface
The construction industry is becoming increasingly aware of the need to adopt a holistic approach to the purchase, design, building and disposal of structures. With some 60% or so of the total construction budget in most developed countries being spent on repair and maintenance, there is a critical need to design for durability and reliability, with carefully planned finance, maintenance and repair scheduling. An important facet is to consider how all costs are allocated and distributed during the lifetime of a structure. This approach, known as life cycle costing, which has the aim of minimizing total lifetime expenditure, is the focus of this book. In the construction industry the capital cost of a structure is almost always kept separate from the cost of maintenance and from the cost of disposal. It is common practice to accept the cheapest capital construction cost and then to hand over the structure for others to maintain. This may