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The construction industry is becoming increasingly aware of the need to adopt a holistic approach to the design, building, and disposal of structures. With 60% of the total construction budget in most developed countries being spent on repair and maintenance, there is an obvious need to design for reliability and durability, with more carefully planned maintenance and repair schedules. One important facet is to look at how costs are distributed and spent during the lifetime of a structure: an approach known as life cycle costing, which has the ultimate aim of minimising total lifetime expenditure. As an example, choosing an inexpensive coating for steelwork may require maintenance every three years, whereas a coating which is more expensive may require repairing only once per decade. It is a question of balance - taking the lifetime costs of the structure into consideration. This new book provides an insight into how whole life costing is affecting our approach to designing, building, maintaining and disposing of structures. The book is written for consulting engineers in the fields of civil and structural engineering, building designers, architects, quantity surveyors, refurbishing specialists, as well as practising civil and structural engineers engaged in planning, design, construction, repair and refurbishment of structures.
This book investigates the methodology and application of life cycle costing as a strategic framework for minimizing the total lifetime expenditure of construction projects. Author J. W. Bull, an expert in structural engineering, addresses the economic inefficiency inherent in traditional construction budgeting, which often prioritizes initial capital costs over long-term maintenance. By analyzing the distribution of costs from design through disposal, the text argues that a holistic approach to reliability and durability is necessary for modern infrastructure management. The work provides a technical framework for balancing immediate material expenses against the long-term financial requirements of repair and maintenance schedules.
What You Will Find
Experts recognize this work as a foundational text for professionals seeking to transition from capital-focused budgeting to long-term asset management. Practitioners frequently cite the book for its practical application of economic theory to the specific constraints of civil and structural engineering projects.
Page Count:
0
Publication Date:
2004-01-01
Publisher:
Taylor & Francis Group Plc
ISBN-10:
0203795962
ISBN-13:
9780203795965
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