Net present cost in the construction industry - Revision history

Designing Buildings at 07:22, 18 December 2020

2020-12-18T07:22:21Z

← Older revision		Revision as of 07:22, 18 December 2020
Line 26:		Line 26:
	* Time value of money.		* Time value of money.

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

Designing Buildings: moved Net present cost to Net present cost in the construction industry

2019-02-12T17:08:44Z

moved Net present cost to Net present cost in the construction industry

← Older revision

Revision as of 17:08, 12 February 2019

Designing Buildings at 17:08, 12 February 2019

2019-02-12T17:08:31Z

← Older revision		Revision as of 17:08, 12 February 2019
Line 11:		Line 11:
	According to NRM3, where only costs are included in the NPV this may be termed the net present cost.		According to NRM3, where only costs are included in the NPV this may be termed the net present cost.

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

	* Cost plan.		* Cost plan.

Designing Buildings at 12:54, 19 June 2018

2018-06-19T12:54:49Z

← Older revision		Revision as of 12:54, 19 June 2018
Line 26:		Line 26:
	* Main contractor.		* Main contractor.
	* Net present value.		* Net present value.
		+	* Time value of money.

	[[Category:Cost_/_business_planning]]		[[Category:Cost_/_business_planning]]

Designing Buildings at 11:02, 8 June 2018

2018-06-08T11:02:53Z

← Older revision		Revision as of 11:02, 8 June 2018
Line 25:		Line 25:
	* Life Cycle Costing BG67 2016.		* Life Cycle Costing BG67 2016.
	* Main contractor.		* Main contractor.
		+	* Net present value.

	[[Category:Cost_/_business_planning]]		[[Category:Cost_/_business_planning]]

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..."

2018-06-08T11:02:34Z

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..."

New page

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 ‘net present cost’ (NPC) refers to:

‘…the sum of the present values of all costs less the sum of the present value of all benefits.’

The term ‘net present value’ (NPV) refers to:

‘…the aggregated sum of the future income and expenditure discounted back to a common base date, usually the present day, at a given compound interest rate.’

According to NRM3, where only costs are included in the NPV this may be termed the net present cost.

= Find out more =

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

* Cost plan.
* Cost-benefit analysis in construction.
* Development appraisal.
* Discounted cash flow.
* Discounting.
* Discounting.
* Internal rate of return for property development.
* Life cycle assessment.
* Life Cycle Costing BG67 2016.
* Main contractor.

[[Category:Cost_/_business_planning]]