New Generation Whole-Life Costing Property and Construction Decision-Making under Uncertainty

Name: New Generation Whole-Life Costing Property and Construction Decision-Making under Uncertainty
Availability: InStock
ISBN: 9780415346573

ISBN-10: 0415346576

ISBN-13: 9780415346573

Edition: 2007

Authors: Ian Ellingham, William Fawcett

List price: $200.00

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This book presents a new approach to whole-life costing and risk management for the construction industry. The options-based approach to making decisions has revolutionised the management of uncertainty in the financial world, and this pioneering study applies the same principles to costing in construction projects. This approach offers a significant advance over conventional costing methods as it considers a diversity of possible futures with strategies that respond to events as they unfold, leading to more cost-effective and sustainable investment decisions across all areas of construction.

Book details

List price: $200.00
Copyright year: 2007
Publisher: Routledge
Publication date: 7/11/2006
Binding: Hardcover
Pages: 224
Size: 7.56" wide x 9.92" long x 0.67" tall
Weight: 1.320



Introduction and acknowledgments Foreword



The rationale for project evaluation



Evaluating long term projects



Evaluating risk projects



Data for whole-life costing



Lifecycle options



The option to develop



The option to expand



The option to switch use



The option to reconfigure



The option to refurbish



Options on new technology



Very long term projects



Long-term budgeting under uncertainty



Self-assessment matrix for whole-life evaluation Where to find out more


Index