Whole Life Costing: A New Approach

Whole life costing is now becoming a key business tool in the procurement and construction of significant projects. This is especially the case with PPP, and in particular PFI, where details of the project life need to be assessed and tied in to funding and operation plans, and where a company takes [...]
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Whole life costing is now becoming a key business tool in the procurement and construction of significant projects. This is especially the case with PPP, and in particular PFI, where details of the project life need to be assessed and tied in to funding and operation plans, and where a company takes on not only the construction but also the running and maintaining of the building. Another driver is the need for sustainability and concern for the environmental impact of a building; and whole life costing considers how materials may perform and what allowances are needed at the end of their life. This books sets out the practical issues involved in the selection of materials, their performance, and the issues that need to be taken into account. The issues are not formularised or packaged, but the reader is given a clear understanding and sensible practical guidance.