Life Cycle Cost Of The Building

The best way to spend the taxpayers’ money is to buy the most energy efficient and best model and not replace it as often. As the age old saying, “you get what you pay for.” The same goes for other materials when doing an addition or fixing an existing structure, the administrators need to take the time to research and see what the best materials are for longevity and spend money wisely (Lucas, R., 2009, November/December). As Robert Lucas (2009) said, “Money spent well at the beginning of a project may save the facility from spending more in the future.”

One of the objectives of the project is to ensure that there is significant cost saving

Life cycle costing is popular in lowering the costs that might have been spent in the future. The process helps to generate more revenue as it cuts on the cost the company is likely to incur.

I have orchestrated a multi-million dollar capital improvement plan that supports the longevity of the buildings. Along with my personal experiences in operations, I have been able to problem solve many of the potential issues that come with aging construction.

The main aim of factor 4 is to decrease the level of materials utilization and usage of human resources to one fourth level. The Factor 4 follows a set of guidelines for comparing design options and for evaluating the performance of buildings and their component systems. Factor 4 suggests that for humanity to live sustainably today, we must rapidly reduce resource consumption to one-quarter of its current levels. Fortunately, the technology to accomplish Factor 4 reductions in resource consumption already exists and requires only public policy prioritization and implementation.

Today’s Designers, Architects and Constructors have a duty of care to strive to produce energy efficient and energy saving buildings. Where possible the sustainability of resources / materials and techniques must be a primary concern in the decision making process.

Contractors find alternative ways of transforming them into buildings that will make an impact on the public. By using their expertise, they would be able to transform these used containers into something useful and beneficial. These containers would provide them the opportunity to acquire more projects and earn profit and of course achieving a sustainable competitive advantage. Through this, contractors are also able to add value to these containers that have once been unused. Extending the life of these discarded materials and providing affordable infrastructures to the people is a complete viable approach.

Many people around the entire world do not possess the knowledge of the different types of constructions and if there is a specific reason this construction are made in certain way or area of the world. Construction is more complex than just building an infrastructure or a facility. It takes planning, land property inspection, design, in numerous occasion financing and the process ends once the project is built and ready for use.

The book's selection of outstanding, best quality work provides several examples for homeowners with a discerning sense of style and environmental responsibility. The spectrum of featured projects has a range between energy efficient restoration and the construction of intelligent extensions to the planning and building of new low-energy or passive homes. The book introduces not only the current building forms and materials but also case studies examining the best division of space, architectural planning, and the use of innovative technologies to control and improve heating and air conditioning. Therefore, Building Better provides a striking overview of the topic of sustainable building, and insightful information on details from technical data to blueprints. In the book, both homeowners and architects have their motivations, ideas, desires, and real experiences. Against this background, Building Better is both an inspirational and a practical guide for everyone who thinks that the sustainability not as limiting, but rather as a creative opportunity. As such, it is an essential reference for everyone who wants to build a

These buildings use resources more efficiently compared to conventional buildings simply built to code. The buildings produce a healthier work and living environments which generally contribute to higher productivity and improved employee health and comfort which in turn is more profits for the business occupying the building. When a LEED rating is pursued, the costs of construction and design rises. There are many points in the construction process that will need additional time for research, design and education is a process of undertaking a LEED project, these additional costs can be effectively mitigated by the savings in time due to the lower – than – industry standard operating costs.

In this regard, Hamelin and Zmeureanu (2014) conducted a lifecycle cost analysis (LCCA) in a single-family home in Québec; they presented the optimum thermal resistance value of building envelope that achieved the minimum lifecycle cost. The insulation level of recommended design in their study was much higher than code requirements. This is due to the fact that the lifespan of an actual house is quite long, which provides a substantial energy savings from better insulation and would have offset the additional initial cost in this case.

There are numerous materials that are significant when it comes to constructing a building. Each one is vital in their purpose. This paper will address the materials that I feel are some of the most important aspects in building; foundation, wood, and concrete.

A life cycle cost analysis calculates the total cost of ownership. In a green roof cost analysis multiple criteria is used to analyse the cost over time of a green roof. Blackhurst, Hendrickson, and Matthews’s 2012 model of an average green roof life cycle uses three phases and three impacts. The three phases are materials, construction, and utilization. The three impacts are energy use, greenhouse gas emissions, and stormwater runoff. Blackhurst, Hendrickson, and Matthews did several charts illustrating the different criteria. The first series of charts shows summaries and base impacts of all the criteria. They show the monetary cost as well as the environmental cost. The next series of charts break down each phase and analysis the cost

Life Cycle Cost (LCC) is the total lifespan cost incurred by an organization in purchasing, installing, operating, maintaining, and disposing off any equipment used in daily operations of the firm. In regard to this, estimation of LCC encompasses using a particular approach in identifying and quantifying components of an LCC equation (Pehnt, 2006). The use of LCC as an assessment tool when selecting possible design alternatives results in the provision of a cost-effective solution within limits of available data. In addition, a standard LCC comprises initial and operation costs, installation and commissioning costs, energy costs as well as disposal costs among others.

For purposes of the asset provider financial discussion relative to investment, there is a cost and benefit analysis that always takes place. These elements are generally described as, for cost elements, facility capital costs (dictated by site location and design, as well as the partners involved in the planning process), facility maintenance costs (ongoing costs of maintaining a facility to ensure safe operations and upkeep), and operating costs (such as labor costs, fuel costs, equipment costs, and the time lost to congestion or to the breakdown of efficient supply chains).