CONCEPTUAL FRAMEWORK FOR MANAGEMENT OF THE LIFE CYCLE COSTS OF BUILDINGS

CONCEPTUAL FRAMEWORK FOR MANAGEMENT OF THE LIFE CYCLE COSTS OF BUILDINGS

Paper in proceedings (conference paper)

Life cycle costs of a building structures should be properly managed by companies that own and operate the building because the total costs are often very high. It is estimated that purchases of material alone represent approximately 60% of the total construction costs and, furthermore, as some structures have a limited lifetime, replacements of these structures must be taken into account as well. This paper aims to propose conceptual framework enabling detailed planning and monitoring of these costs in time. The presented framework deals with the entire life cycle of the structure, from the construction to its operation to the demolition at the end of its lifetime. Formulas enabling to estimate the individual life cycle cost items (such as construction costs, maintenance costs, repair costs and replacement costs) are proposed in order to facilitate business activities. The proposed framework has an ambition to be implemented in facility management software solutions and to be used by owners of residential buildings, office buildings or production facilities. Additionally, this solution may also be used to facilitate building life cycle costs estimation in public procurement, as a basis for estimating the environmental burden, or as a decision-making aid in selecting optimal material characteristics for newly constructed or renovated buildings.

Life cycle costs of a building structures should be properly managed by companies that own and operate the building because the total costs are often very high. It is estimated that purchases of material alone represent approximately 60% of the total construction costs and, furthermore, as some structures have a limited lifetime, replacements of these structures must be taken into account as well. This paper aims to propose conceptual framework enabling detailed planning and monitoring of these costs in time. The presented framework deals with the entire life cycle of the structure, from the construction to its operation to the demolition at the end of its lifetime. Formulas enabling to estimate the individual life cycle cost items (such as construction costs, maintenance costs, repair costs and replacement costs) are proposed in order to facilitate business activities. The proposed framework has an ambition to be implemented in facility management software solutions and to be used by owners of residential buildings, office buildings or production facilities. Additionally, this solution may also be used to facilitate building life cycle costs estimation in public procurement, as a basis for estimating the environmental burden, or as a decision-making aid in selecting optimal material characteristics for newly constructed or renovated buildings.

building, life cycle costs, maintenance, management, material

building, life cycle costs, maintenance, management, material

BIOLEK, V.; HANÁK, T.

2018

08.12.2017

Varazdin Development and Entrepreneurship Agency

Varazdin, Croatia

26th International Scientific Conference on Economic and Social Development - "Building Resilient Society"

1849-7535

Book Series: International Scientific Conference on Economic and Social Development

26

Republic of Croatia

466

472

7

https://www.esd-conference.com/past-conferences