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Current status of life cycle cost practice in Malaysian construction industry

In this paper, our aim is to report the state and practice of LCC in the Malaysian construction industry. In preparing this paper, a comprehensive review of literature on the practice of LCC related to Malaysian construction industry were conducted. The outcomes of the review will be reported as an...

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Main Authors: Ayob, Mohd Fairullazi, Abdul Rashid, Khairuddin
Format: Book Chapter
Language:English
Published: IIUM Press 2016
Subjects:
TH Building construction
TH4021 Buildings. Construction with reference to use.
Online Access:http://irep.iium.edu.my/39700/1/current_status_-_chapter_5.pdf
http://irep.iium.edu.my/39700/
http://iiumpress.iium.edu.my/bookshop/cost-and-contract-administration-in-construction-divine-perspectives-2
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spelling my.iium.irep.397002017-01-13T01:18:23Z http://irep.iium.edu.my/39700/ Current status of life cycle cost practice in Malaysian construction industry Ayob, Mohd Fairullazi Abdul Rashid, Khairuddin TH Building construction TH4021 Buildings. Construction with reference to use. In this paper, our aim is to report the state and practice of LCC in the Malaysian construction industry. In preparing this paper, a comprehensive review of literature on the practice of LCC related to Malaysian construction industry were conducted. The outcomes of the review will be reported as an introduction of the research. The LCC assessment can be divided into three categories which are data inputs, conversion and outputs (BS ISO 15686, 2008; Kelly et al., 2009; RTO-SAS-069, 2009). Nevertheless, it was observed from the literature review the main focus on the LCC practice in Malaysia is considerably on the conversion of LCC analysis. Most of the literatures written on LCC give emphasis to conversion, but less focus is given to the data input and outputs of LCC analysis. Indeed, there is no research has been carried out to identify of how the data inputs are utilized for conversion in producing accurate and reliable outputs of the LCC analysis. Besides, there is no research has been performed to ascertain whether the local data inputs are appropriate to be used in monitoring the outputs of LCC analysis. IIUM Press 2016 Book Chapter REM application/pdf en http://irep.iium.edu.my/39700/1/current_status_-_chapter_5.pdf Ayob, Mohd Fairullazi and Abdul Rashid, Khairuddin (2016) Current status of life cycle cost practice in Malaysian construction industry. In: Cost and contract administration in construction: divine perspectives. IIUM Press, Kuala Lumpur, pp. 67-84. ISBN 978-967-418-462-1 http://iiumpress.iium.edu.my/bookshop/cost-and-contract-administration-in-construction-divine-perspectives-2
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
topic TH Building construction
TH4021 Buildings. Construction with reference to use.
spellingShingle TH Building construction
TH4021 Buildings. Construction with reference to use.
Ayob, Mohd Fairullazi
Abdul Rashid, Khairuddin
Current status of life cycle cost practice in Malaysian construction industry
description In this paper, our aim is to report the state and practice of LCC in the Malaysian construction industry. In preparing this paper, a comprehensive review of literature on the practice of LCC related to Malaysian construction industry were conducted. The outcomes of the review will be reported as an introduction of the research. The LCC assessment can be divided into three categories which are data inputs, conversion and outputs (BS ISO 15686, 2008; Kelly et al., 2009; RTO-SAS-069, 2009). Nevertheless, it was observed from the literature review the main focus on the LCC practice in Malaysia is considerably on the conversion of LCC analysis. Most of the literatures written on LCC give emphasis to conversion, but less focus is given to the data input and outputs of LCC analysis. Indeed, there is no research has been carried out to identify of how the data inputs are utilized for conversion in producing accurate and reliable outputs of the LCC analysis. Besides, there is no research has been performed to ascertain whether the local data inputs are appropriate to be used in monitoring the outputs of LCC analysis.
format Book Chapter
author Ayob, Mohd Fairullazi
Abdul Rashid, Khairuddin
author_facet Ayob, Mohd Fairullazi
Abdul Rashid, Khairuddin
author_sort Ayob, Mohd Fairullazi
title Current status of life cycle cost practice in Malaysian construction industry
title_short Current status of life cycle cost practice in Malaysian construction industry
title_full Current status of life cycle cost practice in Malaysian construction industry
title_fullStr Current status of life cycle cost practice in Malaysian construction industry
title_full_unstemmed Current status of life cycle cost practice in Malaysian construction industry
title_sort current status of life cycle cost practice in malaysian construction industry
publisher IIUM Press
publishDate 2016
url http://irep.iium.edu.my/39700/1/current_status_-_chapter_5.pdf
http://irep.iium.edu.my/39700/
http://iiumpress.iium.edu.my/bookshop/cost-and-contract-administration-in-construction-divine-perspectives-2
_version_ 1643611685873778688
score 13.211869

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