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Life Cycle Costing for Construction
In this course, participants will discover valuable, analytical tools to assess the real, long-term costs of projects.
Because life cycle costing takes into account the significant costs associated with the project (e.g., energy usage, raw materials, cost of money and labor), the useful life and replacement costs of the equipment and materials and the salvage value of what is left at the end of the project, it takes a holistic view of projects and requires descriptive project data and reasonable cost estimates.
Participants will actually get hands-on experience on using LCC worksheets and software to prepare the LCC analyses of a complex construction project, public or private service activity and the production costs of a high volume product.
This course will also discuss the use a valuable, analytical tool called LEED (Leadership in Energy and Environmental Design) developed by the U.S. Green Building Council to help identify life cycle costing opportunities for significant cost savings. Innovative solutions are then evaluated using the technique of life cycle costing (LCC) to assess the long term economic performance.
Participants will participate in a “LEED/ LCC design Charrette” for a building project and apply the principles of green design and LCC to explore ways to make it more sustainable.
By the end of the course, attendees will be able to:
- Identify projects and study areas susceptible to LLC analyses
- Assist decision-makers choose cost effective solutions to complex problems
- Save 10 to 30% of estimated project costs
- Use LCC techniques as a part of value engineering studies
- Use LCC software to calculate life cycle costs
- Perform risk analyses using probability and sensitivity analyses
- Prepare life cycle costs following ASTM and OMB Circular A-94 and A-131 procedures
- Prepare a LEED model for a building project
- Explore green ideas for improved economic sustainability
- Perform LEED life cycle cost analyses
- Use LEED & LCC computer software
- Create green & LCC sustainable solutions
Location:
Doha
Country:
Qatar
Start Date:
Jun 02, 2009
End Date:
Jun 04, 2009
Organizer:
N/A
Sectors:
Oil & Energy
Economy
Real Estate & construction
** To register please
Click Here
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