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

conference contribution
posted on 2016-09-01, 00:00 authored by Olubukola TokedeOlubukola Tokede, Dominic Doe Ahiaga-DagbuiDominic Doe Ahiaga-Dagbui
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.

History

Volume

1

Pagination

321-330

Location

Manchester, England

Start date

2016-09-05

End date

2016-09-07

ISBN-13

9780995546301

Language

eng

Publication classification

E Conference publication, E1 Full written paper - refereed

Copyright notice

2016, Association of Researchers in Construction Management

Editor/Contributor(s)

Chan PW, Neilson CJ

Title of proceedings

ARCOM 2016: Proceedings of the 32nd Association of Researchers in Construction Management Annual Conference

Event

Association of Researchers in Construction Management. Annual Conference (32nd : 2016 : Manchester, England)

Publisher

Association of Researchers in Construction Management

Place of publication

Manchester, Eng.