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

conference contribution
posted on 01.09.2016, 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

Event

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

Volume

1

Pagination

321 - 330

Publisher

Association of Researchers in Construction Management

Location

Manchester, England

Place of publication

Manchester, Eng.

Start date

05/09/2016

End date

07/09/2016

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)

P Chan, C Neilson

Title of proceedings

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

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