New generation whole-life costing : property and construction decision-making under uncertainty /

This work presents a new approach to whole-life costing and risk management for construction. It is a pioneering transfer of the options-based approach to decision-making, which has revolutionised the management of uncertainty in the financial world.

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Bibliographic Details
Main Author: Ellingham, Ian
Other Authors: Fawcett, William
Format: Book
Language:English
Published: London ; New York : Taylor & Francis, 2006.
Subjects:

MARC

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245 1 0 |a New generation whole-life costing :  |b property and construction decision-making under uncertainty /  |c Ian Ellingham and William Fawcett. 
260 |a London ;  |a New York :  |b Taylor & Francis,  |c 2006. 
300 |a xiv, 208 pages :  |b illustrations ;  |c 26 cm 
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500 |a "The ideas in this book crystallised in the course of two research projects which were supported from 1998 to 2002 by the Partners In Innovation (PII) programme for construction industry research, which was an initiative of the UK Department of Trade and Industry"--Foreword. 
504 |a Includes bibliographical references (pages 199-204) and index. 
505 0 |a The rationale for project evaluation -- Evaluating long term projects -- Evaluating risky projects -- Data for whole-life costing -- Lifecycle options -- The option to develop -- The option to expand -- The option to switch use -- The option to reconfigure -- The option to refurbish -- Options on new technology -- Very long term projects -- Long-term budgeting under uncertainty -- Self-assessment matrix for whole-life evaluation. 
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