Life-Cost Approach to Building Evaluation

Book excerpt: Life-cost approach to building evaluation comprehensively addresses in a reader-friendly, accessible way the fundamentals of life-cost studies in the built environment. It includes the time-value of money, discounted cash-flow analysis, differential price-level movement and affordability fluctuations. Contemporary issues such as occupancy costs, sustainability implications and value adding are also addressed. Replete with illustrations and examples, this innovative book provides a holistic approach to evaluation that integrates life-costing to broader social and environmental criteria. Important features include: - presentation materials to facilitate face-to-face and online learning - review questions - worked tutorial exercises, and - example examination papers.