NDLI: Life Cycle Cost Integrative Management in Construction Engineering

Content Provider	IEEE Xplore Digital Library
Author	Le Yun Ren Jun-shan Ning Yan He Qing-hua Li Yongkui
Copyright Year	2009
Abstract	Best life cycle cost (LCC) is a very important target for construction engineering, but there are substantial evidences that life cycle cost integrative management (LCCIM) doesn't do well in construction engineering up to now. A three-dimensional matrix based on Project Breakdown Structure (PBS) in different stages is constructed after review of previous studies on LCC, one dimensional presents Cost Breakdown Structure (CBS) which contains LCC, one dimensional presents cost management process which contains four management functions, including forecast, plan, implementation and feedback, the last presents PBS. Then cost integrative management by the nodes of PBS can be realized in one phase, the same to LCCIM based on mapping relations of PBS nodes in different phases. Furthermore, responsibility system is constructed based on mapping relationship between cost and contracts. All cost can be classified into three styles: one part is based on contractual relationship between client and contractors; the second part is based on the relationship between client and government or some other industry institutes, etc; the third part is from inter organization of client. All latter two styles are regarded as special contractual relationship in this paper. The mapping relationship between LCC and contracts is also the basic for information integration by setting unified code system. At last the method of LCC information integrative management is supplied for supporting LCCIM.
Starting Page	4367
Ending Page	4370
File Size	178588
Page Count	4
File Format	PDF
ISBN	9781424449095
e-ISBN	9781424457281
DOI	10.1109/ICISE.2009.713
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2009-12-26
Publisher Place	China
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Electric breakdown Engineering management Project management Conference management Cost function Economic forecasting Knowledge management Information management Resource management Contracts
Content Type	Text
Resource Type	Article

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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