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Evaluating the whole-life cost implication of revocability and disruption in office retrofit building projects

Tokede, Olubukola and Ahiaga-Dagbui, Dominic 2016, Evaluating the whole-life cost implication of revocability and disruption in office retrofit building projects, in ARCOM 2016: Proceedings of the 32nd Association of Researchers in Construction Management Annual Conference, Association of Researchers in Construction Management, Manchester, Eng., pp. 321-330.

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Title Evaluating the whole-life cost implication of revocability and disruption in office retrofit building projects
Author(s) Tokede, OlubukolaORCID iD for Tokede, Olubukola orcid.org/0000-0002-5116-3390
Ahiaga-Dagbui, Dominic
Conference name Association of Researchers in Construction Management. Annual Conference (32nd : 2016 : Manchester, England)
Conference location Manchester, England
Conference dates 5-7 Sep. 2016
Title of proceedings ARCOM 2016: Proceedings of the 32nd Association of Researchers in Construction Management Annual Conference
Editor(s) Chan, Paul W.
Neilson, Christopher J.
Publication date 2016
Series Volume 1
Conference series Association of Researchers in Construction Management Annual Conference
Start page 321
End page 330
Total pages 10
Publisher Association of Researchers in Construction Management
Place of publication Manchester, Eng.
Keyword(s) disruption
office buildings
retrofit
revocability
whole-life costing
Summary Retrofit buildings are becoming popular in the United Kingdom as well as many parts of the advanced economies. Existing whole-life costing models have however, not proven to be robust enough to deal with building retrofit scenarios. Recent research has made a case for the existence of revocability and disruption in building retrofit investments. This paper evaluates the whole-life cost implication of revocability and disruption in office retrofit building projects. The potential implication of revocability and disruption are evaluated based on probability and fuzzy logic principles respectively. Two case study projects are selected to appraise the economic potentials of revocability and disruption. It was found that the average cost of revocability relative to the initial capital cost can be up to 119% over a 60-year life. It was also found that the average cost of disruption relative to the initial capital cost can be up to 12%. Future studies will utilise sensitivity analysis in assessing the relative preference of building retrofit configurations in office building projects. The external validity of this work is moderate, as the intention is to establish analytical generalisation rather than statistical generalisation for office retrofit building projects.
ISBN 9780995546301
Language eng
Field of Research 120201 Building Construction Management and Project Planning
Socio Economic Objective 970112 Expanding Knowledge in Built Environment and Design
HERDC Research category E1 Full written paper - refereed
ERA Research output type E Conference publication
Copyright notice ©2016, Association of Researchers in Construction Management
Free to Read? Yes
Persistent URL http://hdl.handle.net/10536/DRO/DU:30085239

Document type: Conference Paper
Collections: School of Architecture and Built Environment
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Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.