Key ratio analysis
Capital Works Management Framework, Guidance Note, Glossary, Published by the Government of Ireland Department of Finance in 2009 suggests that:
‘Key ratio analysis is a technique that can help identify cost-efficient solutions. The output from key ratio analysis needs to be balanced with other factors such as quality and functionality in determining the final solution. The review of key ratio analysis against benchmark data can greatly assist in understanding the distribution of costs and the efficiency of the project.
An example of a key ratio analysis in the building context would involve obtaining the net to gross floor area ratio in order to assess the proportion of circulation required, which could then be compared to sector norms.
An engineering example might involve looking at the cut and fill ratio required and thus determine the cost effectiveness of a particular solution.’
[edit] Related articles on Designing Buildings Wiki
Featured articles
Check out some of the best features and news from Designing Buildings as well as key stories from around the web.
Accommodating the Victorian and Edwardian working woman. Book review.
Rethinking passive fire protection in design
PFP demands the same level of design rigour as structure or services.
38% of Gen Zs feel safe when a fire door is wedged open.
Stunning images from around the world
Shortlist for CIOB’s Art of Building photography competition.
Guidance for conversion of traditional pre-1919 stone buildings.
Industrial heritage in the Ruhr
A marked difference to the fate of industrial landscapes in the UK.
Communities will be able to build their own clean energy.
Why diversity and inclusion matters for SMEs
CIOB’s D&I Charter shows how practical changes can support long-term growth.
Cut electricity bills to power growth
Coalition sends joint letter to the Chancellor.
Gasholders: a history in pictures. Book review.
Recognition, influence and growth
SocEnv identifies three strategic pillars in new strategy to 2045.
Discover the future of roofing, cladding and insulation.