Life-Cycle Cost Models for Green Buildings

Life-Cycle Cost Models for Green Buildings: With Optimal Green Star Credits illustrates the tools and methods for developing a life-cycle cost model that incorporates developer constraints while maximizing the number of credit points achieved. The book identifies the interdependencies among various credits in the Green Star environmental rating system. Afterwards, life-cycle cost is calculated by considering six main central business districts (CBDs) of Australia. The net present value (NPV) technique is used to calculate life-cycle costs. Further, a sensitivity analysis is also carried out for selected credits to identify the changes to life-cycle cost to the changes in discount rate. Once all the life-cycle cost data is calculated, this book illustrates the development of the proposed model using a Java application which allows users to evaluate each key criterion of green buildings separately. The book is designed to provide ample knowledge of the various options available to get green building certification and the further implications in-terms of life-cycle. - Provides cost saving and management advice for keeping a green building project operating on time and budget throughout their life-cycle - Expertly explains the various options available for gaining green building certification - Allows users to build life-cycle cost models which is unique to the project at hand

Chethana Illankoon is an Associate Lecturer at School of Architecture and Built Environment in University of Newcastle, Australia. She was awarded the PhD in Engineering in May 2019, from the School of Computing Engineering and Mathematics in Western Sydney University, Australia. Her PhD research focused on life-cycle cost optimization for green buildings in Australia. Her research interests are life-cycle analysis, green buildings, life-cycle cost and sustainable construction. She has published her research work in high impact journals, conference papers and book chapters. She is currently working as the Editorial Secretary for International Journal of Construction Management.