Life Cycle Cost optimization within decision making on alternative designs

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Life Cycle Cost optimization within decision making on alternative designs

Popis výsledku v původním jazyce

The purpose of this paper is to highlight the role of the life cycle cost criterion in deciding on the proposals of construction projects. Owners commonly use construction cost minimization. In order to achieve the maximum value for money all costs incurred over the whole life span must be evaluated. The optimization of the life-cycle cost of a project, construction, and equipment is essential for a complex decision-making process. Then, the solution with the minimum value of the life-cycle cost can bechosen. Life cycle costing (LCC) is a method of economic analyzing of all costs related to constructing, operating, and maintaining a construction project over a defined period of time. Having the costs and savings we can then directly compared these areas and be fully informed when decisions are made. The greatest benefit of life cycle costing can be obtained in the initiation phase of construction projects. The paper summarizes the issues of life cycle costing (LCC) and analyzing. The

Název v anglickém jazyce

Life Cycle Cost optimization within decision making on alternative designs

Popis výsledku anglicky

The purpose of this paper is to highlight the role of the life cycle cost criterion in deciding on the proposals of construction projects. Owners commonly use construction cost minimization. In order to achieve the maximum value for money all costs incurred over the whole life span must be evaluated. The optimization of the life-cycle cost of a project, construction, and equipment is essential for a complex decision-making process. Then, the solution with the minimum value of the life-cycle cost can bechosen. Life cycle costing (LCC) is a method of economic analyzing of all costs related to constructing, operating, and maintaining a construction project over a defined period of time. Having the costs and savings we can then directly compared these areas and be fully informed when decisions are made. The greatest benefit of life cycle costing can be obtained in the initiation phase of construction projects. The paper summarizes the issues of life cycle costing (LCC) and analyzing. The

Druh

D - Stať ve sborníku

CEP obor

JN - Stavebnictví

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2014

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Proceedings of the Creative Construction Conference 2014

ISBN

978-963-269-434-4

ISSN

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e-ISSN

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Počet stran výsledku

6

Strana od-do

340-345

Název nakladatele

Diamond Congress Kft.

Místo vydání

Budapest

Místo konání akce

Prague

Datum konání akce

21. 6. 2014

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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