Titlebook: Building Economics; Appraisal and contro Ivor H. Seeley Textbook 1996Latest edition I. H. Seeley 1996 construction.environment.industry.man

Custodian

The Concept of Cost Control, of promoters of building work are insisting on projects being designed and executed to give maximum value for money. A good illustration was the Housing Corporation formulating performance expectations in 1989, which prescribed the criteria which housing associations were expected to achieve in the

Dissonance

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Instrumental

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Cost Planning Theories and Techniques,stics, perform a diversity of functions, serve the needs of a variety of building clients, and their erection is subject to a number of different administrative and contractual arrangements. Hence, it is not surprising that a wide range of cost planning techniques has been devised to meet the needs

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Cost Modelling,es of input data. This generalisation goes some way towards setting the parameters within which this chapter must be set. Ideally a model should be simple enough for manipulation and understanding by those who use it, representative enough in the total range of the implications it may have, and comp

Ambulatory

Cost Analyses, Indices and Data, cost plans of future building projects. It also examines the methods of compiling and applying cost indices as a means of updating past costs of buildings. The use of cost limits is also investigated.

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Value Management,apter aims to examine the process in greater detail to show the various approaches, the advantages to be obtained, a comparison with cost planning/cost management and some comprehensive case studies. Readers requiring a more comprehensive study of this subject are referred to Norton and McElligott (

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certain

Life Cycle Costing,er examines the concept of life cycle costing, the various approaches, problems in application and its use in practical situations. A number of related issues such as discounting future payments, lives of buildings and components, the relationship of design and maintenance and energy conservation ar