Component level life cycle cost options appraisal
BREEAM UK New Construction, Non-domestic Buildings (United Kingdom), Technical Manual, SD5078: BREEAM UK New Construction 2018 3.0, published by BRE Global Limited, defines life cycle cost (LCC) as:
‘The cost of an asset or its parts throughout its life cycle, while fulfilling the performance requirements; a methodology for systematic economic evaluation of life cycle costs over a period of analysis, as defined in the agreed scope.’
‘A component level LCC options appraisal is commonly used for cost planning specification choices of systems or component levels during design development. Component level LCC options appraisal for service life planning requires the environment of the building and other local conditions to be identified and the fundamental requirements to be met in planning the service life of the building.
Decisions should be made on:
- the likely design life of the building (rather than the contractual design life)
- minimum functional performance criteria for each component over the building’s design life
- components that must be repairable, maintainable or replaceable within the design life of the building. Only the key differentiators between components and systems need to be comparatively modelled.’
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
BIM for structural reinforcement modelling
From the basics to the future from our Cohesive BIM wiki.
ECA skills recharge at the House of Commons
As electrical sector feels skills shortage bite.
The impact of pandemic and new legislation on courses
CIOB Academy’s course take-up inked to external factors.
An artist, philanthropist and ex-Army helicopter pilot
Q and A with self-representing artist, Hannah Shergold.
Building Safety Regulator appoints permanent director
And publishes three-year strategic plan.
Update on the Energy Savings Opportunity Scheme (ESOS)
Introducing changes to make it more effective from 2024.
2023 CIOB photography competition
Shortlist announced for 2023 public choice award vote.
The last of the Victorians. Book review.
Grimsby's Kasbah: where’s that?
An exotic name that is shrouded in mystery.
This weeks guest editor, Ankita Dwivedi of Firstplanit.
Fropm practice to research and the business of materials.
Terms, histories, theories and practices.
Types of work to existing buildings - repurposing of buildings
Alteration and everything else before demolition.
2023 HSE data on workplace injuries and ill health
And CIOB's response.
Building Safety Act and Secondary Legislation
Presidential update from CIAT's Eddie Weir PCIAT.