Annual equivalent cost - Revision history

Designing Buildings at 09:03, 11 July 2022

2022-07-11T09:03:14Z

← Older revision		Revision as of 09:03, 11 July 2022
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	‘…the uniform annual amount equivalent to the project’s real costs, taking into account the time value of money throughout the period of analysis.’		‘…the uniform annual amount equivalent to the project’s real costs, taking into account the time value of money throughout the period of analysis.’

−	= Related articles on Designing Buildings ~~Wiki~~ =	+	See also: Equivalent annual cost
		+
		+	= Related articles on Designing Buildings =

	* Annual cost.		* Annual cost.

Designing Buildings at 07:09, 4 February 2021

2021-02-04T07:09:38Z

← Older revision		Revision as of 07:09, 4 February 2021
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	‘…the uniform annual amount equivalent to the project’s real costs, taking into account the time value of money throughout the period of analysis.’		‘…the uniform annual amount equivalent to the project’s real costs, taking into account the time value of money throughout the period of analysis.’

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Annual cost.		* Annual cost.
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	* Tender pricing document.		* Tender pricing document.

−	[[Category:Cost_/_business_planning]]	+	[[Category:DCN_Definition]] [[Category:Definitions]] [[Category:Cost_/_business_planning]]

Designing Buildings at 06:03, 26 June 2018

2018-06-26T06:03:44Z

← Older revision		Revision as of 06:03, 26 June 2018
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	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===

		+	* Annual cost.
		+	* Annual equivalent value.
	* Annualised maintenance cost.		* Annualised maintenance cost.
	* Approximate quantities cost plan.		* Approximate quantities cost plan.

Designing Buildings: Undo revision 109887 by Designing Buildings (talk)

2018-06-26T05:59:10Z

Undo revision 109887 by Designing Buildings (talk)

← Older revision		Revision as of 05:59, 26 June 2018
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	The New Rules of Measurement (NRM) are published by the Royal Institute of Chartered Surveyors (RICS). They provide a standard set of measurement rules for estimating, cost planning, procurement and whole-life costing for construction projects.		The New Rules of Measurement (NRM) are published by the Royal Institute of Chartered Surveyors (RICS). They provide a standard set of measurement rules for estimating, cost planning, procurement and whole-life costing for construction projects.

−	According to NRM3: Order of cost estimating and cost planning for building maintenance works, the ~~terms~~ ‘annual ~~cost' (AC) and 'annual~~ equivalent ~~value' (AEV) refer~~ to:	+	According to NRM3: Order of cost estimating and cost planning for building maintenance works, the term ‘annual equivalent cost’ refers to:

−	~~'...a~~ uniform annual amount ~~that, when totalled over~~ the ~~period of analysis~~, ~~equals the total net cost of the project~~ taking into account the time value of money ~~over the period. It is used to compare investment options where the natural replacement cycle cannot easily be directly related to~~ the period of analysis.~~The lowest AEV indicates the lowest cost option.'~~	+	‘…the uniform annual amount equivalent to the project’s real costs, taking into account the time value of money throughout the period of analysis.’

	= Find out more =		= Find out more =

Designing Buildings at 05:58, 26 June 2018

2018-06-26T05:58:32Z

← Older revision		Revision as of 05:58, 26 June 2018
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	The New Rules of Measurement (NRM) are published by the Royal Institute of Chartered Surveyors (RICS). They provide a standard set of measurement rules for estimating, cost planning, procurement and whole-life costing for construction projects.		The New Rules of Measurement (NRM) are published by the Royal Institute of Chartered Surveyors (RICS). They provide a standard set of measurement rules for estimating, cost planning, procurement and whole-life costing for construction projects.

−	According to NRM3: Order of cost estimating and cost planning for building maintenance works, the ~~term~~ ‘annual equivalent ~~cost’ refers~~ to:	+	According to NRM3: Order of cost estimating and cost planning for building maintenance works, the terms ‘annual cost' (AC) and 'annual equivalent value' (AEV) refer to:

−	~~‘…the~~ uniform annual amount ~~equivalent to~~ the ~~project’s real costs~~, taking into account the time value of money ~~throughout~~ the period of analysis.’	+	'...a uniform annual amount that, when totalled over the period of analysis, equals the total net cost of the project taking into account the time value of money over the period. It is used to compare investment options where the natural replacement cycle cannot easily be directly related to the period of analysis.The lowest AEV indicates the lowest cost option.'

	= Find out more =		= Find out more =

Designing Buildings at 05:25, 23 May 2018

2018-05-23T05:25:36Z

← Older revision		Revision as of 05:25, 23 May 2018
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	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===

		+	* Annualised maintenance cost.
	* Approximate quantities cost plan.		* Approximate quantities cost plan.
	* Bill of quantities.		* Bill of quantities.

Designing Buildings at 05:20, 23 May 2018

2018-05-23T05:20:33Z

← Older revision		Revision as of 05:20, 23 May 2018
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	The New Rules of Measurement (NRM) are published by the Royal Institute of Chartered Surveyors (RICS). They provide a standard set of measurement rules for estimating, cost planning, procurement and whole-life costing for construction projects.		The New Rules of Measurement (NRM) are published by the Royal Institute of Chartered Surveyors (RICS). They provide a standard set of measurement rules for estimating, cost planning, procurement and whole-life costing for construction projects.

−	According to NRM3: Order of cost estimating and cost planning for building maintenance works, the term ~~‘Annual~~ equivalent cost’ refers to:	+	According to NRM3: Order of cost estimating and cost planning for building maintenance works, the term ‘annual equivalent cost’ refers to:

	‘…the uniform annual amount equivalent to the project’s real costs, taking into account the time value of money throughout the period of analysis.’		‘…the uniform annual amount equivalent to the project’s real costs, taking into account the time value of money throughout the period of analysis.’

Designing Buildings: Created page with "The New Rules of Measurement (NRM) are published by the Royal Institute of Chartered Surveyors (RICS). They provide a standard set of measurement rules for estimating, cost plann..."

2018-05-23T05:20:18Z

Created page with "The New Rules of Measurement (NRM) are published by the Royal Institute of Chartered Surveyors (RICS). They provide a standard set of measurement rules for estimating, cost plann..."

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The New Rules of Measurement (NRM) are published by the Royal Institute of Chartered Surveyors (RICS). They provide a standard set of measurement rules for estimating, cost planning, procurement and whole-life costing for construction projects.

According to NRM3: Order of cost estimating and cost planning for building maintenance works, the term ‘Annual equivalent cost’ refers to:

‘…the uniform annual amount equivalent to the project’s real costs, taking into account the time value of money throughout the period of analysis.’

= Find out more =

=== Related articles on Designing Buildings Wiki ===

* Approximate quantities cost plan.
* Bill of quantities.
* Contract sum.
* Cost plan.
* Elemental cost plan.
* Final account.
* Initial cost appraisal.
* NRM2.
* Pre-tender estimate.
* RICS.
* Tender pricing document.

[[Category:Cost_/_business_planning]]