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Design Economics for the Built Environment

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Beschreibung



The drive towards environmentally friendly buildings and infrastructure has led to a
growing interest in providing design solutions underpinned by the core principles of sustainability to balance economic, social and environmental factors.

Design Economics for the Built Environment: Impact of sustainability on project evaluation presents new directions, reflecting the need to recognise the impact of climate change and the
importance of sustainability in project evaluation.  The aim is to provide a new approach to
understanding design economics in the context of the changing policy
environment, legislative and regulatory framework, and increasing economic,
environmental and social pressure as result of the sustainability agenda.

The book follows a structured approach from theories and principles in the earlier chapters,
to the practical applications and emerging techniques focusing on value and
social, economic and environmental considerations in making design decisions. It
starts with the policy context, building on various theories and principles
such as, capital cost,  value of design and resource-based theories, the new rules of measurement (NRM) to explore  cost planning,  the relationship between height and costs, key
socio-economic and environmental variables for design appraisal,  eco-cost/value ratio (EVR), whole life theory
and the treatment of carbon emission as external costs, productivity and
efficiency, fiscal drivers and legal framework for carbon reduction, procurement and allocation of risks in contracts. 

Case studies, practical examples and frameworks throughout reinforce theories and
principles and relate them to current practice. The book is essential reading
for postgraduate students in architecture, building and quantity surveying and
is also a valuable resource for academics, consultants and policy-makers in the
built environment.



The Editors

Professor Herbert Robinson, is currently a Regional Adviser and Head of Training Division at the United Nations African Institute for Economic Development and Planning (IDEP), part of United Nations Regional Economic Commission for Africa. He was Professor of Construction Economics at London South Bank University and a Senior Research Associate at Loughborough University, UK.

Barry Symonds, Senator h.c. Biberach an der Riss, is Managing Director of Symonds Konsult International and Associate Director for Rapid5D (BIM Solutions UK). He was the Head of Property, Surveying and Construction at London South Bank University,UK. As a chartered quantity surveyor, he worked as a partner and consultant for practices in the UK and New Zealand. He held academic advisory roles and has been visiting professor, and external examiner in the UK and abroad.

Professor Barry Gilbertson is a Visiting Professor at the University of Northumbria in Newcastle and was a partner at PricewaterhouseCoopers for 15 years. Barry was the first chartered surveyor to become a partner in a firm of chartered accountants, anywhere in the world, and the 123rd President of RICS in 2004/5. Barry was a member of the United Nations Real Estate Advisory Group and a member of the Bank of England's Property Forum.

Professor Benedict D. Ilozor teaches construction management, architecture, facilities planning, design & management at the School of Engineering Technology, Eastern Michigan University, where he is Research & Graduate Assistants Coordinator. He previously taught in Australian universities, and was head of Facilities Management for the Built Environment Research Group at the School of Architecture & Building, Deakin University.



Autorentext

The Editors

Professor Herbert Robinson, is currently a Regional Adviser and Head of Training Division at the United Nations African Institute for Economic Development and Planning (IDEP), part of United Nations Regional Economic Commission for Africa. He was Professor of Construction Economics at London South Bank University and a Senior Research Associate at Loughborough University, UK.

Barry Symonds, Senator h.c. Biberach an der Riss, Managing Director of Symonds Konsult International and Associate Director for Rapid5D (BIM Solutions UK). He was the Head of Property, Surveying and Construction at London South Bank University, UK. As a chartered quantity surveyor, he worked as a partner and consultant for practices in the UK and New Zealand. He held academic advisory roles and has been visiting professor, and external examiner in the UK and abroad.

Professor Barry Gilbertson is a Visiting Professor at the University of Northumbria in Newcastle and was a partner at PricewaterhouseCoopers for 15 years. Barry was the first chartered surveyor to become a partner in a firm of chartered accountants, anywhere in the world, and the 123rd President of RICS in 2004/5. Barry was a member of the United Nations Real Estate Advisory Group and a member of the Bank of England's Property Forum.

Professor Benedict D. Ilozor teaches construction management, architecture, facilities planning, design & management at the School of Engineering Technology, Eastern Michigan University, where he is Research & Graduate Assistants Coordinator. He previously taught in Australian universities, and was head of Facilities Management for the Built Environment Research Group at the School of Architecture & Building, Deakin University.



Klappentext

The drive towards environmentally friendly buildings and infrastructure has led to a growing interest in providing design solutions underpinned by the core principles of sustainability to balance economic, social and environmental factors.

Design Economics for the Built Environment: Impact of sustainability on project evaluation presents new directions, reflecting the need to recognise the impact of climate change and the importance of sustainability in project evaluation. The aim is to provide a new approach to understanding design economics in the context of the changing policy environment, legislative and regulatory framework, and increasing economic, environmental and social pressure as result of the sustainability agenda.

The book follows a structured approach from theories and principles in the earlier chapters, to the practical applications and emerging techniques focusing on value and social, economic and environmental considerations in making design decisions. It starts with the policy context, building on various theories and principles such as, capital cost, value of design and resource-based theories, the new rules of measurement (NRM) to explore cost planning, the relationship between height and costs, key socio-economic and environmental variables for design appraisal, eco-cost/value ratio (EVR), whole life theory and the treatment of carbon emission as external costs, productivity and efficiency, fiscal drivers and legal framework for carbon reduction, procurement and allocation of risks in contracts.

Case studies, practical examples and frameworks throughout reinforce theories and principles and relate them to current practice. The book is essential reading for postgraduate students in architecture, building and quantity surveying and is also a valuable resource for academics, consultants and policy-makers in the built environment.



Inhalt
Editors and Contributors xii

Foreword xxiii

Preface xxv

PART I THEORIES, PRINCIPLES AND APPROACHES 1

1 Economic Context, Policy Environment and the Changing Role of Design Economists 3
Herbert Robinson and Barry Symonds

1.1 Introduction 3

1.2 The economic context 4

1.3 Globalisation of construction market 6

1.4 The policy environment and the construction industry 9

1.5 Current and emerging role of design economists 11

2 Theories and Principles of Design Economics 16
Herbert Robinson and Barry Symonds

2.1 Introduction 16

2.2 Factors affecting design costs and benefits 17

2.3 Capital cost theory 18

2.4 Whole life cost theory 21

2.5 Value management theory 23

2.6 Value of design theory 24

2.7 Carter's model 26

2.8 Resource?]based theory 27

3 New Approaches and Rules of Measurement for Cost Estimating and Planning 31
Barry Symonds, Peter Barnes and Herbert Robinson

3.1 Introduction 31

3.2 The standardisation of cost estimating 32

3.3 The RICS NRM 1 33

3.4 RIBA plan of work, RICS estimating, cost planning and NRM 1 34

3.5 Cost estimating and cost planning 35

3.6 Elemental Standard Form of Cost Analysis (SFCA) 40

3.7 Benchmarking (cost limits) 41

3.8 Building information modelling 43

3.9 Concluding remarks 44

4 The Relationship between Building Height and Construction Costs 47
David Picken and Benedict Ilozor

4.1 Introduction 47

4.2 Research in the 1970s and 1980s 48

4.3 More recent research in Hong Kong and Shanghai 50

4.4 Conclusions 59

5 Appraisal of Design to Determine Viability of Development Schemes 61
Herbert Robinson

5.1 Introduction 61

5.2 Assessing costs and benefits of design alternatives 61

5.3 Appraisal of design using discounting methods 63

5.4 Appraisal of design using residual technique 65

5.5 Case study of the blackfriars development project 69

5.6 Concluding remarks 77

6 Eco-cost Associated with Tall Buildings 80
Peter de Jong and J.W.F. Hans Wamelink

6.1 Introduction 80

6.2 Overview of the Dutch housing market and land use planning 80

6.3 Eco-costs/value ratio and the EVR model 82

6.4 Applying the EVR model to housing 86

6.5 EVR and tall buildings 88

6.6 Embedding EVR in other sustainable ranking methods 89

6.7 Conclusion 90

7 Productivity in Construction Projects 93
Shamil Naoum

7.1 Introduction 93

7.2 Concept and measurement of productivity 94

7.3 Previous literature on factors affecting site productivity 94

7.4 Productivity survey 100

7.5 Proposed framework for site productivity 102

7.6 Conclusion and further research 104

8 Design Variables and Whole-Life Cost Modelling 107
Andrea Pelzeter

8.1 Introduction 107

8.2 Whole-life cost modelling 108

8.3 Steps in LCC modelling 110

8.4 Design principles to optimise lcc 112

8.5 A worked example of an office façade 116

8.6 Inclusion of carbon emissions into wlc modelling 118

8.7 Limitations of wlc 119

8.8 Concluding remarks 119

9 Procurement and Contract Strategy: Risks Allocation and Construction Cost 121
John Adriaanse and Herbert Robinson

9.1 Introduction 121

9.2 Procurement strategy and contract selection 122

9.3 Wembley stadium case study 123

9.4 Allocation of risks and forms of contract 124

9.5 Risks and construction costs 125

9.6 Procurement systems and contract issues 128

Produktinformationen

Titel: Design Economics for the Built Environment
Untertitel: Impact of Sustainability on Project Evaluation
Editor:
Autor:
EAN: 9781118944868
ISBN: 978-1-118-94486-8
Digitaler Kopierschutz: Adobe-DRM
Format: E-Book (epub)
Herausgeber: Wiley-Blackwell
Genre: Bau- und Umwelttechnik
Anzahl Seiten: 432
Veröffentlichung: 27.03.2015
Jahr: 2015
Untertitel: Englisch
Dateigrösse: 26.8 MB