Build 101: Indoor environmental quality
Making homes healthy and comfortable. Life cycle costs - looking past initial costs to save long term.
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Making homes healthy and comfortable. Life cycle costs - looking past initial costs to save long term.
With home ownership in New Zealand changing on a 7–9 year cycle, long-term considerations may seem irrelevant to some homeowners. But taking a long-term view could have positive benefits for our health, the environment and our pockets.
Life cycle costing allows the costs of different design and material options to be compared over the life of a building. It is now used as part of the assessment of proposed changes to building regulations.
Application of value management is becoming accepted as a key contributor to successful construction projects. But what is it?