Application of life cycle costing method to a renovation project
Name
35846140-MIT.pdf
Description
Full printable version
Size
13.23 MB
Format
Adobe PDF
Checksum (MD5)
c0df4566242dd1cec75c34d79b83e251
Author(s)
Taneda, Makoto
Advisor(s)
Leonard J. Morse-Fortier.
Date Issued
1996
Publisher
Massachusetts Institute of Technology
Abstract
In this study, we have examined the application of Lee analysis method to the construction and renovation stages of a building project. The application of the Lee analysis is currently limited to the very early stages of a project life, namely at the concept and design stages. We propose application of the Lee method, with several modifications, to the construction and renovation stages. The simplified Lee method is proposed and examined in the first two case studies. The simplified method limits the range and complexity of data inputs, and is intended to be an Lee used by engineers practicing in the construction industry. In the third case study, the "Lee per square-foot", which implements the concept of the "square-foot" cost estimating, is proposed. This method is intended to be used to assess the residual value and to estimate running costs of an existing building. Necessary modifications of the Lee, as well as the accuracy and limits of these new methods are examined through three case studies.
Description
Thesis (M.S.)--Massachusetts Institute of Technology, Dept. of Architecture, 1996.
Includes bibliographical references (leaves 115-116).
Subjects
Architecture.
MIT Department
Massachusetts Institute of Technology. Department of Architecture
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