A systematic approach to strategic maintenance and renovation planning in multifamily buildings

Farahani, A (2019) A systematic approach to strategic maintenance and renovation planning in multifamily buildings. PhD thesis, Chalmers University of Technology, Sweden.

Abstract

The satisfactory lifetime performance of residential buildings is of critical importance to the acceptable energy performance of the real estate sector and the sustained social development of a modern society. Maintenance and renovation planning in multifamily buildings require considered analysis of both the building performance and the total cost accrued over the entire service-life. The lack of a proper long-term plan can lead to financial difficulties specially in older buildings in need of extensive maintenance and renovation measures. These difficulties are more pronounced in less-attractive markets where maintenance and renovation budgets are limited and there are socio-economic problems. Both market and internal deficiencies have made maintenance and renovation planning a complicated task for the housing owners (property managers). These plans should be devised while taking into consideration multiple and often competing criteria in terms of condition, energy demand and service-life cycle costs. Current planning tools/methods are not efficient or capable of addressing the complexity of the problem. This study therefore proposes a systematic approach to strategic maintenance and renovation planning that combines a modified deterioration function with a service-life cycle cost analysis and facilitates planning using a multi-objective optimization process. This multi-objective approach leads to a large pool of alternative maintenance and renovation solutions that helps decision makers in their choice of maintenance and renovation strategies in difficult market situations and/or under budget constraints.

Item Type: Thesis (Doctoral)
Uncontrolled Keywords: complexity; market; optimization; real estate; residential; building performance; cost analysis; deterioration; life cycle; markets; renovation; owner; energy performance; life cycle cost
Index terms: life cycle cost, strategy, building performance, society, cost analysis, manager, deterioration, housing, complexity, budget constraint, life cycle cost analysis, life cycle, owner, energy demand, residential building, energy performance, markets, real estate, multi-objective optimization, renovation
Subjects: real estate economics, financial and cost management, material degradation and durability, energy systems, value management, sociology, systems engineering, economics, management, renovation and retrofit, economic analysis, construction type, practitioner, quality assurance, communities and social development, algorithms, research methods
Topics: Cost Management, Business Strategy, Construction Materials, Research Practice, Stakeholder Management, Roles and Professions, Construction Technology, Digital Applications, Urban Studies, Engineering Principles, Project Management, Sustainability, Quality Management
Descriptive scope: 3 PCA

N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here