Estimating at the earliest stages of design the financial cost and operational energy requirement of buildings

Yohanis, Y G and Norton, B (1998) Estimating at the earliest stages of design the financial cost and operational energy requirement of buildings. Journal of Financial Management of Property and Construction, 3(2), pp. 41-58. ISSN 1366-4387

Abstract

A simplified model has been developed that not only determines the operational (ie., heating, cooling and lighting) energy requirement of buildings but also gives an estimation of their effect on the capital construction cost. Traditional cost estimations methods and recent developments in cost modelling are reviewed. A cost model is proposed and incorporated in the energy model to give cost estimations in the early stages of design. The model can be used in parametric analysis to investigate the implications of varying building and cost parameters.

Item Type: Article
Uncontrolled Keywords: BCIS, building elements, cost estimating, cost models, energy modelling
Index terms: modelling, parametric analysis, construction cost, energy model, estimation, estimating, cost model, energy requirement, energy modelling, cost estimating
Subjects: analytical methods, financial and cost management, data analysis and analytics, energy systems, sustainability and energy
Topics: Cost Management, Research Practice, Sustainability, Engineering Principles
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