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/ http://irep.iium.edu.my/39700/ http://irep.iium.edu.my/39700/1/current_status_-_chapter_5.pdf

id	iium-39700
recordtype	eprints
spelling	iium-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 PeerReviewed 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
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
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/ http://irep.iium.edu.my/39700/ http://irep.iium.edu.my/39700/1/current_status_-_chapter_5.pdf
first_indexed	2023-09-18T20:57:03Z
last_indexed	2023-09-18T20:57:03Z
_version_	1777410373752717312

Current status of life cycle cost practice in Malaysian construction industry

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