Emekci, Ş (2018) A life cycle costing based decision support tool for cost-optimal energy efficient design and/or refurbishments. PhD thesis, Middle East Technical University, Turkey.
Abstract
In construction sector, deciding on building investment / refurbishments can be a complex process because it involves multiple criteria and generally conflicting objectives. For this reason, in the early phase, it is necessary to carry out an analysis that can enhance the predictability of these decisions taken, determine the optimum points of conflicting decisions and at the same time increase the social, environmental and economic sustainability. In the analysis, the total cost incurred building life cycle period, including the energy demand, must be taken into consideration, instead of only considering the investment cost. In order to choose the most cost optimal option among the unlimited number of solution proposals, a computer-aided Decision Support Tool (DST) is required. The DST should also be systematic, transparent, integrated with life cycle cost (LCC). This study aims to develop an LCC-based decision support tool which life cycle costing and optimization have been successfully combined in order to provide jointly cost optimization of energy efficient design and refurbishment. The constructed DST purposes to create the most optimal set of solutions by calculating the building life cycle costs and energy demands individually that can result from constructing about one-million different hypothetical buildings, instead of calculating a limited number of alternatives.
| Item Type: | Thesis (Doctoral) |
|---|---|
| Thesis advisor: | Tanyer, A M |
| Uncontrolled Keywords: | cost optimization; decision support; investment; life cycle; life cycle cost; optimization; refurbishment; sustainability |
| Index terms: | construction sector, proposal, cost optimization, decision support, energy-efficient design, life cycle cost, economic sustainability, costing, option, building investment, energy demand, building life cycle, life cycle |
| Subjects: | asset management, sustainable design, research methods, accounting and finance, economic analysis, project planning, industry analysis, decision analysis, economics, energy systems, value management |
| Topics: | Project Management, Risk Management, Sustainability, Business Strategy, Cost Management, Research Practice |
| Descriptive scope: | 3 PCT |
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