Manewa, RMAS, Pasquire, CL, Gibb, AG and Schmidt-III, R (2009) Paradigm shift towards whole life analysis in adaptable buildings. In: Changing Roles: New Roles; New Challenges, 5-9 October 2009, Noordwijk aan Zee.

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Abstract

Economic evaluation is a significant consideration in the initiation of a facility. This evaluation process should take into account all costs, benefits and performance associated with a facility in its through life cycle. There are a number of techniques available for economic valuation, however, the practical application is poor in most of the techniques. Whole Life Analysis (WLA) is identified as a comprehensive approach for economic
evaluation. At present there is a growing trend towards designing buildings to be more adaptable within the UK property market. Hence, economic evaluation of adaptable
buildings needs to be undertaken as early as possible for appropriate long term decisions. This paper examines the paradigm shift required for a WLA approach for adaptable
buildings while identifying the benefits and barriers of its practical application. A comprehensive literature review was undertaken to analyse how WLA could be used as a
decision support technique for adaptable buildings. Literature reveals WLA as one of the best decision support techniques for use in the building industry, and it seems logical to adopt it for adaptable buildings. However, detailed economic evaluation remains an untapped area
within adaptable buildings. Being involved in the ‘Adaptable Futures’ research project at
Loughborough University, the authors have blended their thoughts with available literature and attempt to identify how important in undertaking WLA is for an adaptable facility while identifying the barriers of current applications. Stakeholder input is crucial towards the
betterment of WLA particularly concerning its understanding and application in adaptable buildings.

Key words: economic evaluation, whole life analysis, adaptable buildings, barriers, benefits, stakeholders’ role

Item Type:	Conference or Workshop Item (Paper)
Subjects:	T Technology > TH Building construction
Divisions:	Civil Engineering & Built Environment
Date Deposited:	23 Oct 2014 10:56
Last Modified:	13 Apr 2022 15:09
Editors:	Wamelink, H
URI:	https://researchonline.ljmu.ac.uk/id/eprint/160

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