Details

Whole life appraisal entails a review not just of the capital costs of a project, but also the running and maintenance costs and is increasingly being required by clients seeking maximum value for money. This new book provides an introduction to the subject, discusses issues such as investment appraisal and life expectancy of components, and shows by means of case studies how to carry out a whole life appraisal.

Features:

l whole life costing of increasing importance with growing emphasis on value for money in construction projects

l a requirement for private finance initiative and government projects

l provides not just an introduction to the subject but a toolkit, explaining how to do a whole life appraisal

l a successor to the author's two previous books on life cycle costing published by Blackwell Science and RICS

Table of Contents

l Whole life appraisal – an overview;

l Whole life appraisal: preliminary concepts ;

l An overview of whole life appraisal ;

l Whole life appraisal at the planning and design stage;

l Discounting and the time value of money;

l Data sources for whole life appraisal;