Life Cycle Costing of Public Construction Projects

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21110%2F19%3A00348390" target="_blank" >RIV/68407700:21110/19:00348390 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.1088/1755-1315/290/1/012060" target="_blank" >http://dx.doi.org/10.1088/1755-1315/290/1/012060</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1088/1755-1315/290/1/012060" target="_blank" >10.1088/1755-1315/290/1/012060</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Life Cycle Costing of Public Construction Projects

Popis výsledku v původním jazyce

The purpose of this paper is to highlight the role of life cycle costing in the preparation phase of public construction projects. Life cycle costing is a method of economic analysis directed at all costs related to constructing, operating, and maintaining a construction project over a defined period of time. In the early phase of construction projects, an enormous benefit in life cycle costing can be achieved. The commonly used construction cost minimization approach should be substituted for life cycle cost optimization. In order to gain the maximum value for money, all costs incurred over the whole life span must be estimated. The optimization of the life cycle costs of a construction project is essential for a complex decision making process. All taken into consideration, the solution with the minimum value of life cycle costs can be chosen. Public investors are required to meet the objectives of sustainable building, and as a group they face limited financial resources and frequently a very strict institutional framework including procurement procedures. The quantification of life cycle costs, when deciding on a construction project, is required by the public sector in the Czech Republic. In addition, the estimated amount of life cycle costs has become a criterion in public tenders. The paper summarizes experience in building design valuation in terms of these life cycle costs.

Název v anglickém jazyce

Life Cycle Costing of Public Construction Projects

Popis výsledku anglicky

The purpose of this paper is to highlight the role of life cycle costing in the preparation phase of public construction projects. Life cycle costing is a method of economic analysis directed at all costs related to constructing, operating, and maintaining a construction project over a defined period of time. In the early phase of construction projects, an enormous benefit in life cycle costing can be achieved. The commonly used construction cost minimization approach should be substituted for life cycle cost optimization. In order to gain the maximum value for money, all costs incurred over the whole life span must be estimated. The optimization of the life cycle costs of a construction project is essential for a complex decision making process. All taken into consideration, the solution with the minimum value of life cycle costs can be chosen. Public investors are required to meet the objectives of sustainable building, and as a group they face limited financial resources and frequently a very strict institutional framework including procurement procedures. The quantification of life cycle costs, when deciding on a construction project, is required by the public sector in the Czech Republic. In addition, the estimated amount of life cycle costs has become a criterion in public tenders. The paper summarizes experience in building design valuation in terms of these life cycle costs.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

20101 - Civil engineering

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2019

Kód důvěrnosti údajů

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

Název statě ve sborníku

Central Europe towards Sustainable Building (CESB19)

ISBN

—

ISSN

1755-1307

e-ISSN

1755-1315

Počet stran výsledku

7

Strana od-do

—

Název nakladatele

IOP Publishing Ltd

Místo vydání

Bristol

Místo konání akce

Praha

Datum konání akce

2. 7. 2019

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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