Publication result detail

The Life Cycle Cost Analysis Employed in the Construction Investment Projects

GROSSMANN, J.; KORYTÁROVÁ, J.

Original Title

The Life Cycle Cost Analysis Employed in the Construction Investment Projects

English Title

The Life Cycle Cost Analysis Employed in the Construction Investment Projects

Type

Paper in proceedings (conference paper)

Original Abstract

The paper is focused on life cycle costing in the specific construction project and its related investment decision. It provides a possible process for formation of life cycle cost analysis using the example of the comparison of two different window technologies. The result of mentioned sample shows that plastic windows in comparison with wooden windows are not only cost-effective in relation to initial cost, but also in relation to comprehensive long-term cost represented by life cycle cost approach. But the sensitivity analysis in this sample shows how important an accurate data setting and processing is. Results of any life cycle cost analysis are necessary to interpret properly including their sensitivity to any deviations from the plan.

English abstract

The paper is focused on life cycle costing in the specific construction project and its related investment decision. It provides a possible process for formation of life cycle cost analysis using the example of the comparison of two different window technologies. The result of mentioned sample shows that plastic windows in comparison with wooden windows are not only cost-effective in relation to initial cost, but also in relation to comprehensive long-term cost represented by life cycle cost approach. But the sensitivity analysis in this sample shows how important an accurate data setting and processing is. Results of any life cycle cost analysis are necessary to interpret properly including their sensitivity to any deviations from the plan.

Keywords

Life cycle costing, life cycle cost analysis, sensitivity analysis, investment decision

Key words in English

Life cycle costing, life cycle cost analysis, sensitivity analysis, investment decision

Authors

GROSSMANN, J.; KORYTÁROVÁ, J.

Released

16.10.2014

Publisher

VUT v Brně, FAST, EKR

Location

Brno

ISBN

978-80-214-5050-9

Book

PBE PhD FORUM 2014

Pages from

60

Pages to

65

Pages count

6

BibTex

@inproceedings{BUT111721,
  author="Jiří {Grossmann} and Jana {Korytárová}",
  title="The Life Cycle Cost Analysis Employed in the Construction Investment Projects",
  booktitle="PBE PhD FORUM 2014",
  year="2014",
  number="1",
  pages="60--65",
  publisher="VUT v Brně, FAST, EKR",
  address="Brno",
  isbn="978-80-214-5050-9"
}