Economics Of Property Management: The Building As A Means Of Production

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The economic analysis of a building is a complex subject and traditionally it has focused on a single aspect of the structure or a single part of the construction process. Dr Tempelmans Plat is a leading proponent of a new methodology which focuses on the building as a stock of services to be supplied over a long lifespan. This method is more realistic since it takes into account the changes in use and the adaptation of the building over its life. This book will be the first to make this method comprehensible to a wide audience of postgraduate students and professionals in the field of construction economics. unique in its focus on the building as a durable means of productionpresents an innovative and valuable new approach to building economics includes many examples to highlight the practical relevance of the approach

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The Economics of Property Management The Building as a Means of Production Dr Herman Tempelmans Plat Editorial consultant: Frank Heynick OXFORD AUCKLAND BOSTON JOHANNESBURG MELBOURNE NEW DELHI Butterworth-Heinemann Linacre House, Jordan Hill, Oxford OX2 8DP 225 Wildwood Avenue, Woburn, MA 01801–2041 A division of Reed Educational and Professional Publishing Ltd A member of the Reed Elsevier Group plc First published 2001 © Dr Herman Tempelmans Plat 2001 All rights reserved. No part of this publication may be reproduced in any material form (including photocopying or storing in any medium by electronic means and whether or not transiently or incidentally to some other use of this publication) without the written permission of the copyright holder except in accordance with the provisions of the Copyright, Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency Ltd, 90 Tottenham Court Road, London, England W1P 0LP. Applications for the copyright holder’s written permission to reproduce any part of this publication should be addressed to the publishers British Library Cataloguing in Publication Data Tempelmans Plat, Herman The economics of property management: the building as a means of production 1. Real estate management 2. Building – Economic aspects I. Title II. Heynick, Frank 333.3'38 ISBN 0 7506 5123 7 Library of Congress Cataloguing in Publication Data Tempelmans Plat, Herman. The economics of property management: the building as a means of production/Herman Tempelmans Plat with the collaboration of Frank Heynick. p.cm. Includes bibliographical references and index. ISBN 0-7506-5123-7 1. Real estate management. 2. Building–Economic aspects. I. Heynick, Frank II. Title. HS1394.T42 2001 658.2–dc21 2001018463 Composition by Genesis Typesetting, Laser Quay, Rochester, Kent Printed and bound in Great Britain Contents Foreword by John Habraken ix Preface xi Acknowledgements List of figures Introduction Part One Production of a building and use of its services 1 Use of a building as means to the ultimate goal 1.1 Production of a building as a product 1.2 Use of a building’s services 1.3 Exploitation as intermediate process 1.4 Conclusion xiii xv xxiii 1 3 3 4 4 5 2 Service and technical solution 2.1 The performance concept 2.2 Condition, service and solution 2.3 A problem of transformation: demand and cost 2.4 Dimensions of demand and of supply definition 2.5 Maximization of the solution space 2.6 Conclusion 6 6 7 8 10 11 13 3 Levels in the built environment 3.1 The building in a system of levels 3.2 Levels and life spans: change 3.3 Responsibilities 3.4 Conclusion 14 14 15 16 17 iv Contents 4 Agents in the building process 4.1 Agents and processes 4.2 Use of a building’s services: demand planning, facilities management 4.3 Exploitation of the bui
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