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E-raamat: Cost Studies of Buildings 6th edition [Taylor & Francis e-raamat]

(University of Salford, UK),
  • Formaat: 570 pages, 136 Tables, black and white; 114 Line drawings, black and white
  • Ilmumisaeg: 16-Jul-2015
  • Kirjastus: Routledge
  • ISBN-13: 9781315708867
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  • Taylor & Francis e-raamat
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Cost Studies of Buildings 6th editionSuurem pilt
  • Formaat: 570 pages, 136 Tables, black and white; 114 Line drawings, black and white
  • Ilmumisaeg: 16-Jul-2015
  • Kirjastus: Routledge
  • ISBN-13: 9781315708867
Teised raamatud teemal:
Taylor & Francis e-raamatudRohkem infot Taylor & Francis e-raamatute kohta
Raamatu kodulehekülg: https://www.taylorfrancis.com/books/9781315708867
This practical guide to cost studies of buildings has been updated and revised throughout for the 6th edition. New developments in RICS New Rules of Measurement (NRM) are incorporated throughout the book, in addition to new material on e-business, the internet, social media, building information modelling, sustainability, building resilience and carbon estimating.

This trusted and easy to use guide to the cost management role:











Focuses on the importance of costs of constructing projects during the different phases of the construction process





Features learning outcomes and self-assessment questions for each chapter





Addresses the requirements of international readers

From introductory data on the construction industry and the history of construction economics, to recommended methods for cost analysis and post-contract cost control, Cost Studies of Buildings is an ideal companion for anyone learning about cost management.
Preface to the sixth edition xiii
Acknowledgements xv
Abbreviations xvii
Section 1 Cost Control 1(48)
1 Introduction
3(19)
Learning outcomes
3(1)
1.1 What this book is about
3(1)
1.2 The purpose of cost control
4(1)
1.3 The importance of cost control
5(1)
1.4 Cost, price and value
6(1)
1.5 Value for money
7(2)
1.6 Cost advice
9(1)
1.7 Contractual arrangements and their effects on costs
10(2)
1.8 Construction economics
12(2)
1.9 Economic analysis objectives
14(1)
1.10 Design method
15(3)
1.11 Building economic theories
18(1)
1.12 Environmental impact of the construction project
18(1)
1.13 Knowledge management
19(1)
1.14 ICT in construction
20(1)
Self-assessment questions
21(1)
Bibliography
21(1)
2 History Of Building Economics
22(10)
Learning outcomes
22(1)
2.1 Introduction
22(1)
2.2 Building economics
22(1)
2.3 Standard texts
23(1)
2.4 Trends in building economics
24(2)
2.5 Reasons for change
26(1)
2.6 Historical context
27(4)
Self-assessment questions
31(1)
Bibliography
31(1)
3 The Construction Industry
32(17)
Learning outcomes
32(1)
3.1 Introduction
32(1)
3.2 The importance of the construction industry
33(9)
3.3 The construction industry as an economic regulator
42(1)
3.4 The development process
43(1)
3.5 Construction firms
43(3)
3.6 The professions
46(1)
3.7 Research and innovation
47(1)
Self-assessment questions
48(1)
Bibliography
48(1)
Section 2 Cost Information 49(204)
4 Cost Data
51(32)
Learning outcomes
51(1)
4.1 Introduction
51(2)
4.2 Characteristics of cost data
53(1)
4.3 The hierarchical structure of cost data
53(2)
4.4 Accuracy and consistency
55(1)
4.5 Cost feedback
55(3)
4.6 Price books
58(4)
4.7 Public sector price guides
62(1)
4.8 Monthly cost information
63(1)
4.9 Priced bills of quantities
63(2)
4.10 Price analysis
65(1)
4.11 Cost analysis
65(11)
4.12 The building cost information service
76(4)
4.13 Market intelligence
80(1)
4.14 International comparison of construction costs
81(1)
Self-assessment questions
81(1)
Bibliography
82(1)
5 Design Economics
83(19)
Learning outcomes
83(1)
5.1 Introduction
83(1)
5.2 Client's requirements
83(2)
5.3 Value for money
85(1)
5.4 Factors to consider
86(11)
5.5 Whole-life costing
97(1)
5.6 Sustainable economic design
97(2)
5.7 Element evolution
99(1)
5.8 Conclusions
100(1)
Self-assessment questions
101(1)
Bibliography
101(1)
6 The Economics Of Quality
102(13)
Learning outcomes
102(1)
6.1 Introduction
102(1)
6.2 What is quality?
102(1)
6.3 Quality systems
103(3)
6.4 Quality control
106(1)
6.5 The 'm' factors affecting quality
106(1)
6.6 Quality standards
106(2)
6.7 Categories of quality costs
108(1)
6.8 Economic assessment
109(3)
6.9 Quality considerations
112(1)
6.10 Conclusions
112(1)
Self-assessment questions
113(1)
Bibliography
114(1)
7 Indices And Trends
115(19)
Learning outcomes
115(1)
7.1 Introduction
115(1)
7.2 Constructing an index
115(1)
7.3 Uses of index numbers
116(1)
7.4 Laspeyre's and Paasche's Indices
117(1)
7.5 Difficulties in the use of indices
118(1)
7.6 Cost and price indices
119(5)
7.7 Other published indices
124(1)
7.8 Regional variation
125(1)
7.9 Measuring trends
126(4)
7.10 Key performance indicators and benchmarking
130(3)
Self-assessment questions
133(1)
Bibliography
133(1)
8 New Rules Of Measurement (NRM)
134(17)
Learning outcomes
134(1)
8.1 Introduction
134(1)
8.2 Standard Methods of Measurement
135(1)
8.3 Overview of RICS New Rules of Measurement
135(2)
8.4 Part 1: general
137(2)
8.5 Part 2: measurement rules for order of cost estimating
139(7)
8.6 Part 3: measurement rules for cost planning
146(1)
8.7 Part 4: tabulated rules of measurement for elemental cost planning
147(3)
Self-assessment questions
150(1)
Bibliography
150(1)
9 Cost Analysis
151(43)
Learning outcomes
151(1)
9.1 Introduction
151(1)
9.2 Definitions
152(1)
9.3 Preparation of a cost analysis
153(1)
9.4 Principles of analysis
154(1)
9.5 Elemental cost studies
155(1)
9.6 Preliminaries
156(1)
9.7 Substructure
157(4)
9.8 Superstructure
161(19)
9.9 Internal finishes
180(3)
9.10 Fittings and furnishings
183(1)
9.11 Engineering services
184(5)
9.12 External works and drainage
189(1)
9.13 Whole-building cost analyses
190(2)
9.14 Conclusions
192(1)
Self-assessment questions
192(1)
Bibliography
193(1)
10 Procurement Of Construction Projects
194(13)
Learning outcomes
194(1)
10.1 Historical perspectives
194(2)
10.2 Employer's essential requirements
196(1)
10.3 Procurement systems
197(1)
10.4 Partnering
198(1)
10.5 Public-private partnerships
198(4)
10.6 Best value
202(1)
10.7 Audit Commission
202(1)
10.8 Constructing Excellence
203(1)
10.9 Performance indicators
203(1)
10.10 Other industry comparisons
204(1)
10.11 Procurement and the cost studies of buildings
205(1)
Self-assessment questions
205(1)
Bibliography
206(1)
11 Taxation, Grants And Investment
207(22)
Learning outcomes
207(1)
11.1 Taxation
207(1)
11.2 Value-added tax
208(2)
11.3 Corporation tax
210(4)
11.4 Depreciation of assets
214(2)
11.5 Tax-efficient design
216(2)
11.6 Financial assistance for development
218(4)
11.7 The effects of taxation and grants on cash flow
222(1)
11.8 Investment
222(1)
11.9 Property investment and equities
223(1)
11.10 Property investment
224(3)
11.11 Carbon tax
227(1)
Self-assessment questions
227(1)
Bibliography
228(1)
12 Cost Research And Innovation
229(24)
Learning outcomes
229(1)
12.1 Introduction
229(1)
12.2 Cost research philosophy
230(1)
12.3 Collaboration with practice
231(2)
12.4 Developments in quantity surveying
233(2)
12.5 The research process
235(2)
12.6 Research methods
237(3)
12.7 Research organisations in the construction industry
240(5)
12.8 Research dissemination
245(1)
12.9 Linking construction industry needs and construction research outputs
246(2)
12.10 The future
248(2)
12.11 Conclusions
250(1)
Self-assessment questions
250(1)
Bibliography
251(2)
Section 3 Cost Practice 253(294)
13 Development Appraisal
255(25)
Learning outcomes
255(1)
13.1 Introduction
255(1)
13.2 Development value
256(1)
13.3 General determinants of value
256(1)
13.4 Investment appraisal
257(1)
13.5 Methods of valuation
258(2)
13.6 Valuation tables
260(6)
13.7 Developers' budgets
266(7)
13.8 Conventional methods of investment appraisal
273(1)
13.9 Discounting methods
274(1)
13.10 Optimal investment criterion
275(1)
13.11 Sensitivity analysis
276(1)
13.12 Cost-benefit analysis
276(3)
Self-assessment questions
279(1)
Bibliography
279(1)
14 Pre-Tender Price Estimating
280(23)
Learning outcomes
280(1)
14.1 Introduction
280(1)
14.2 Estimate classification
280(1)
14.3 Methods
281(8)
14.4 General considerations
289(2)
14.5 Other factors
291(6)
14.6 Preparing the estimate
297(3)
14.7 Conclusions
300(1)
Self-assessment questions
300(1)
Bibliography
301(2)
15 Cost Planning
303(29)
Learning outcomes
303(1)
15.1 Introduction
303(1)
15.2 History and development
304(2)
15.3 The cost planning process
306(4)
15.4 Cost limits
310(3)
15.5 Elemental cost synthesis
313(3)
15.6 Example of a cost plan
316(14)
15.7 Construction budget
330(1)
Self-assessment questions
331(1)
Bibliography
331(1)
16 Cost Modelling
332(20)
Learning outcomes
332(1)
16.1 Introduction
332(3)
16.2 Types of cost models
335(1)
16.3 Purpose of cost models
335(1)
16.4 Classification of cost models
336(1)
16.5 Trends in cost modelling
336(1)
16.6 Empirical methods
337(1)
16.7 Regression analysis
338(2)
16.8 Simulation
340(5)
16.9 Heuristics
345(2)
16.10 Expert systems
347(1)
16.11 Value-for-money considerations
348(1)
16.12 Development of models
349(1)
16.13 Conclusions
350(1)
Self-assessment questions
351(1)
Bibliography
351(1)
17 Whole-Life Costing 1: Factors To Consider
352(27)
Learning outcomes
352(1)
17.1 Introduction
352(2)
17.2 The importance of long-term forecasting
354(1)
17.3 A building's life
354(1)
17.4 Deterioration and obsolescence
355(1)
17.5 Physical deterioration
356(3)
17.6 Obsolescence
359(3)
17.7 Component life
362(2)
17.8 Problems with component life data
364(2)
17.9 Targeting the major elements of costs-in-use
366(1)
17.10 Inflation
367(2)
17.11 Discount rate
369(2)
17.12 Rate of interest
371(1)
17.13 Taxation
372(1)
17.14 Accounting for uncertainty
372(2)
17.15 Whole-life value
374(1)
17.16 Whole-Life Cost Forum (WLCF)
375(1)
17.17 Whole-life cost management
375(2)
Self-assessment questions
377(1)
Bibliography
377(2)
18 Whole-Life Costing 2: Practice
379(28)
Learning outcomes
379(1)
18.1 Whole-life costing applications
379(4)
18.2 Whole-life cost plan
383(1)
18.3 Costs-in-use
383(3)
18.4 Calculations
386(17)
18.5 Forecasting change
403(1)
18.6 Historical perspectives
404(1)
18.7 Conclusions
405(1)
Self-assessment questions
406(1)
Bibliography
406(1)
19 Value Management
407(12)
Learning outcomes
407(1)
19.1 Introduction
407(1)
19.2 Origins of value engineering
408(1)
19.3 Terminology
408(1)
19.4 Methodology
409(1)
19.5 Value management workshops
410(1)
19.6 Cost-value reductions
411(1)
19.7 The 'what?' scenarios
412(1)
19.8 Unnecessary costs
413(1)
19.9 Creativity
414(1)
19.10 Other issues to consider
415(1)
19.11 Securing value
416(1)
Self-assessment questions
417(1)
Bibliography
417(2)
20 Risk Analysis And Management
419(10)
Learning outcomes
419(1)
20.1 Introduction
419(1)
20.2 Risk and uncertainty
419(1)
20.3 The risk management process
420(1)
20.4 Types of risk
421(1)
20.5 Dealing with risk
421(2)
20.6 Some techniques for dealing with risk and uncertainty
423(2)
20.7 Risk analysis using probabilities
425(2)
20.8 Conclusions
427(1)
Self-assessment questions
427(1)
Bibliography
427(2)
21 Post-Contract Cost Control
429(15)
Learning outcomes
429(1)
21.1 Introduction
429(1)
21.2 Measurement contracts
430(1)
21.3 Cost-reimbursable contracts
431(1)
21.4 Budgetary control
432(1)
21.5 Client's financial reports
433(2)
21.6 Client's cash flow
435(1)
21.7 Contractor's cost control
436(2)
21.8 Contractor's cash flow
438(2)
21.9 Cost comparison
440(1)
21.10 Project cash flow
440(2)
21.11 Cost management
442(1)
Self-assessment questions
443(1)
Bibliography
443(1)
22 Facilities Management
444(17)
Learning outcomes
444(1)
22.1 Introduction
444(1)
22.2 Overview of facilities management
445(3)
22.3 Relevance of building costs
448(1)
22.4 Operations management
448(8)
22.5 Space management example
456(3)
22.6 Conclusions
459(1)
Self-assessment questions
460(1)
Bibliography
460(1)
23 Information Communication Technology In Construction
461(30)
Learning outcomes
461(1)
23.1 Introduction
461(1)
23.2 The economic significance and need for ICT in construction
462(1)
23.3 Construction e-business
463(4)
23.4 Enabling technologies
467(19)
23.5 Issues in ICT adoption
486(2)
Self-assessment questions
488(1)
Bibliography
489(2)
24 Economics Of Sustainability And Carbon Estimating
491(39)
Learning outcomes
491(1)
24.1 Introduction
491(1)
24.2 The concept of sustainability
492(2)
24.3 Global sustainability assessment methods
494(4)
24.4 The building resilience agenda
498(4)
24.5 The climate change agenda
502(1)
24.6 Carbon estimating
503(17)
24.7 Carbon reduction incentives and tools
520(4)
24.8 Low-carbon building and technologies
524(3)
Self-assessment questions
527(1)
Bibliography
528(2)
25 The Future Direction Of Cost Studies Of Buildings
530(17)
Learning outcomes
530(1)
25.1 Introduction
530(1)
25.2 A paradigm shift in practices
531(1)
25.3 Added value
532(1)
25.4 Adding value in construction
533(3)
25.5 Lean construction
536(1)
25.6 Benchmarking
537(2)
25.7 Rethinking the construction industry
539(1)
25.8 Sustainable construction
540(2)
25.9 Procurement
542(1)
25.10 Modern methods of construction
543(1)
25.11 Construction 2025 and beyond
543(1)
25.12 Research
544(1)
25.13 Conclusions
545(1)
Self-assessment questions
545(1)
Bibliography
546(1)
Index 547
Allan Ashworth is a Visiting Professor in Quantity Surveying at the University of Malaya, Malaysia. He was recently a visiting professor at the University of Salford, UK, where he had been involved with the work of Centre for Education in the Built Environment.

Srinath Perera is the Chair and Professor of Construction Economics at the University of Northumbria, Newcastle, UK. He has over 25 years experience in the construction industry and academia, both nationally and internationally. He is a Chartered Quantity Surveyor and a member of the Royal Institution of Chartered Surveyors (RICS) North East regional board. He is also a member of the Australian Institute of Quantity Surveyors.
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