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New Generation Whole-Life Costing presents an innovative approach
to decision-making and risk management for construction and real
estate. It applies the options-based approach that has
revolutionized the management of uncertainty in the business world.
Based on government-sponsored research at Cambridge Architectural
Research Ltd., the book introduces the idea of 'lifecycle options'.
The desirability of whole-life costing is widely accepted, but
take-up levels have been low. One problem is that traditional
techniques fail to take account of future uncertainty. In contrast,
the new options-based approach considers a diversity of possible
futures, and favours flexible strategies that incorporate lifecycle
options. This approach leads to more cost-effective and sustainable
decisions, minimizing the risk of under- or over-investment. This
book is structured around realistic case studies that demonstrate
the prevalence of lifecycle options. These case studies are backed
up by clear presentation of basic principles and mathematical
techniques allowing the book to be read either as a stimulating
introduction to new concepts, or as a guide to mathematical
methods.
This is a new release of the original 1935 edition.
This is a new release of the original 1936 edition.
This scarce antiquarian book is a selection from Kessinger
Publishing's Legacy Reprint Series. Due to its age, it may contain
imperfections such as marks, notations, marginalia and flawed
pages. Because we believe this work is culturally important, we
have made it available as part of our commitment to protecting,
preserving, and promoting the world's literature. Kessinger
Publishing is the place to find hundreds of thousands of rare and
hard-to-find books with something of interest for everyone!
This is a reproduction of a book published before 1923. This book
may have occasional imperfections such as missing or blurred pages,
poor pictures, errant marks, etc. that were either part of the
original artifact, or were introduced by the scanning process. We
believe this work is culturally important, and despite the
imperfections, have elected to bring it back into print as part of
our continuing commitment to the preservation of printed works
worldwide. We appreciate your understanding of the imperfections in
the preservation process, and hope you enjoy this valuable book.
Many of the earliest books, particularly those dating back to the
1900s and before, are now extremely scarce and increasingly
expensive. We are republishing many of these classic works in
affordable, high quality, modern editions, using the original text
and artwork.
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