Post-construction stages cost management: Sustainable design approach

This paper addresses solving sustainable construction economic benefits enigma as ‘high capital costs’ and ‘low market value’, comparing with conventional building, creates a dilemma for developers and stakeholders. Many developers and stakeholders do not give much attention to Post Construction sta...

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Bibliographic Details
Main Authors: Dina Salem, Ali Bakr, Zeyad El Sayad
Format: Article
Language:English
Published: Elsevier 2018-12-01
Series:Alexandria Engineering Journal
Online Access:http://www.sciencedirect.com/science/article/pii/S1110016818301376
Description
Summary:This paper addresses solving sustainable construction economic benefits enigma as ‘high capital costs’ and ‘low market value’, comparing with conventional building, creates a dilemma for developers and stakeholders. Many developers and stakeholders do not give much attention to Post Construction stages. The lack of accurate information related to ‘Sustainable construction industry cost’ and ‘value’ means that clients and developers are unable to take the right decisions concerning sustainability. It should be taken in consideration that meeting ‘Sustainability goals’ does not end after the building design is completed.The paper aim is proving that profitable residential buildings are approached by applying project management concepts on sustainable construction projects using ‘Life Cycle Method Approach’ in the ‘Post Construction’ stages, The paper aim would be accomplished through some objectives as: Motivating decision makers to use ‘Sustainable Approach’ in residential buildings industry and Convincing developers and stakeholders to start using a ‘Sustainable Construction’ method. The research concluded that applying project management concepts on sustainable construction projects, specially housing sector, and capital could be the same as, or lower than, that of a traditional building, in addition to that it could be profitable on the long run by considering ‘Life Cycle Method’. Keywords: Sustainable construction, Sustainability, Project management, Cost management, Life cycle approach
ISSN:1110-0168