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Design Economics for the Built Environment - Impact of Sustainability on Project Evaluation (Paperback)
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Design Economics for the Built Environment - Impact of Sustainability on Project Evaluation (Paperback)
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The drive towards environmentally friendly buildings and
infrastructure has led to a growing interest in providing design
solutions underpinned by the core principles of sustainability to
balance economic, social and environmental factors. Design
Economics for the Built Environment: Impact of sustainability on
project evaluation presents new directions, reflecting the need to
recognise the impact of climate change and the importance of
sustainability in project evaluation. The aim is to provide a new
approach to understanding design economics in the context of the
changing policy environment, legislative and regulatory framework,
and increasing economic, environmental and social pressure as
result of the sustainability agenda. The book follows a structured
approach from theories and principles in the earlier chapters, to
the practical applications and emerging techniques focusing on
value and social, economic and environmental considerations in
making design decisions. It starts with the policy context,
building on various theories and principles such as, capital cost,
value of design and resource-based theories, the new rules of
measurement (NRM) to explore cost planning, the relationship
between height and costs, key socio-economic and environmental
variables for design appraisal, eco-cost/value ratio (EVR), whole
life theory and the treatment of carbon emission as external costs,
productivity and efficiency, fiscal drivers and legal framework for
carbon reduction, procurement and allocation of risks in contracts.
Case studies, practical examples and frameworks throughout
reinforce theories and principles and relate them to current
practice. The book is essential reading for postgraduate students
in architecture, building and quantity surveying and is also a
valuable resource for academics, consultants and policy-makers in
the built environment.
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