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A model of life-cycle cost for project cost control



Title: A model of life-cycle cost for project cost control
Author(s): K. Guan, F. Wang, S. Zeng
Paper category : conference
Book title: International Symposium on Intergrated Life-Cycle Design of Materials and Structures
Editor(s): A. Sarja
Print-ISBN: 951-758-408-3
e-ISBN: 235158029X
Publisher: RILEM Publications SARL
Publication year: 2000
Pages: 104 - 107
Total Pages: 4
Nb references: 7
Language: English


Abstract: The trade-off reguired among the three corners of the cost-time-guality in a project is a known phenomenon. The life-cycle cost for a project is very complicated due to various affecting factors. This paper has developed a model for evaluating design alternatives of a project, which include a technology-economy model and a function-cost ratio model. It is concluded that the model of function-cost ratio is more practical for it has expressed the evaluation rules of improving function and lowering cost. Finally, the modulation rules for data in cost planning are analyzed,


Online publication: 2000-04-30
Classification: LlFE CYCLE ACCOUNTING. OPTlMlZATlON AND DECISION-MAKING
Publication type : full_text
Public price (Euros): 0.00
doi: 10.1617/235158029X.020