"Life Cycle Costing of Intelligent Buildings Report"
The core objective of the “Life Cycle Costing of Intelligent Buildings” research report is to identify what needs to be done, and by whom, to make life cycle costing a mainstream criteria for building system evaluation in North America. Life cycle costs analysis calculates the cost of a building system over its entire life span. The process allows commercial property owners and operators to analyze the long-term impact of construction processes and infrastructure costs on forecasted operational costs throughout the expected life of a building. CABA’s research project identifies the barriers to adopting life cycle costing and determines what issues need to be rectified in order to make life cycle cost processes more understandable.