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
A briefing on fall protection systems for designers
A legal requirement and an ethical must.
CIOB Ireland launches manifesto for 2024 General Election
A vision for a sustainable, high-quality built environment that benefits all members of society.
Local leaders gain new powers to support local high streets
High Street Rental Auctions to be introduced from December.
Infrastructure sector posts second gain for October
With a boost for housebuilder and commercial developer contract awards.
Sustainable construction design teams survey
Shaping the Future of Sustainable Design: Your Voice Matters.
COP29; impacts of construction and updates
Amid criticism, open letters and calls for reform.
The properties of conservation rooflights
Things to consider when choosing the right product.
Adapting to meet changing needs.
London Build: A festival of construction
Co-located with the London Build Fire & Security Expo.
Tasked with locating groups of 10,000 homes with opportunity.
Delivering radical reform in the UK energy market
What are the benefits, barriers and underlying principles.
Information Management Initiative IMI
Building sector-transforming capabilities in emerging technologies.
Recent study of UK households reveals chilling home truths
Poor insulation, EPC knowledge and lack of understanding as to what retrofit might offer.
Embodied Carbon in the Built Environment
Overview, regulations, detail calculations and much more.
Why the construction sector must embrace workplace mental health support
Let’s talk; more importantly now, than ever.
Ensuring the trustworthiness of AI systems
A key growth area, including impacts for construction.