Review of methodology designed to investigate quality of cost data input in life cycle cost

Life Cycle Cost (LCC) estimation process can be divided into three main phases: data inputs, conversion and outputs. The objective of this paper is to identify the most appropriate methodology to investigate the quality of data used as inputs in LCC estimation for building works in the Malaysian con...

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Main Authors:	Ayob, Mohd Fairullazi, Abdul Rashid, Khairuddin
Format:	Article
Language:	English English
Published:	Construction Research Institute of Malaysia (CREAM) 2016
Subjects:	TA177.4 Engineering economy TH Building construction TH4021 Buildings. Construction with reference to use.
Online Access:	http://irep.iium.edu.my/45637/ http://irep.iium.edu.my/45637/ http://irep.iium.edu.my/45637/6/45637_Review%20of%20methodology%20designed%20to%20investigate_SCOPUS.pdf http://irep.iium.edu.my/45637/7/45637_Review%20of%20methodology%20designed%20to%20investigate.pdf

id	iium-45637
recordtype	eprints
spelling	iium-456372017-01-12T03:16:30Z http://irep.iium.edu.my/45637/ Review of methodology designed to investigate quality of cost data input in life cycle cost Ayob, Mohd Fairullazi Abdul Rashid, Khairuddin TA177.4 Engineering economy TH Building construction TH4021 Buildings. Construction with reference to use. Life Cycle Cost (LCC) estimation process can be divided into three main phases: data inputs, conversion and outputs. The objective of this paper is to identify the most appropriate methodology to investigate the quality of data used as inputs in LCC estimation for building works in the Malaysian construction industry. The focus of quality data here is cost data inputs of building LCC. This paper reports part of a three-year research programme to enhance the quality of LCC outputs through the enhancement of quality data input requirements. A comprehensive literature review was carried out to critically review all the methodologies used to study LCC data inputs in other countries. The goal is to identify the most appropriate methodology to investigate the quality of cost data inputs in LCC analysis of building with regard to the context of Malaysian construction industry. The outcomes of the study proposed that a qualitative research strategy comprises of two approaches, i.e. a literature review and modified Delphi as the most appropriate methodology to critically review and examine behaviours of cost data inputs in LCC analysis of the building based on the opinions from a collective intelligence panellists. The considerable limitation of modified Delphi is to find the appropriate level of panellists that possess skills, knowledge and expertise in the field of LCC. In addition, the Delphi process is normally long and time-consuming because it involves multi-round of questionnaires. Construction Research Institute of Malaysia (CREAM) 2016 Article PeerReviewed application/pdf en http://irep.iium.edu.my/45637/6/45637_Review%20of%20methodology%20designed%20to%20investigate_SCOPUS.pdf application/pdf en http://irep.iium.edu.my/45637/7/45637_Review%20of%20methodology%20designed%20to%20investigate.pdf Ayob, Mohd Fairullazi and Abdul Rashid, Khairuddin (2016) Review of methodology designed to investigate quality of cost data input in life cycle cost. Malaysian Construction Research Journal (MCRJ), 18 (1). pp. 105-121. ISSN 1985-0735 http://www.cream.my/publication/about-mcrj.html
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	TA177.4 Engineering economy TH Building construction TH4021 Buildings. Construction with reference to use.
spellingShingle	TA177.4 Engineering economy TH Building construction TH4021 Buildings. Construction with reference to use. Ayob, Mohd Fairullazi Abdul Rashid, Khairuddin Review of methodology designed to investigate quality of cost data input in life cycle cost
description	Life Cycle Cost (LCC) estimation process can be divided into three main phases: data inputs, conversion and outputs. The objective of this paper is to identify the most appropriate methodology to investigate the quality of data used as inputs in LCC estimation for building works in the Malaysian construction industry. The focus of quality data here is cost data inputs of building LCC. This paper reports part of a three-year research programme to enhance the quality of LCC outputs through the enhancement of quality data input requirements. A comprehensive literature review was carried out to critically review all the methodologies used to study LCC data inputs in other countries. The goal is to identify the most appropriate methodology to investigate the quality of cost data inputs in LCC analysis of building with regard to the context of Malaysian construction industry. The outcomes of the study proposed that a qualitative research strategy comprises of two approaches, i.e. a literature review and modified Delphi as the most appropriate methodology to critically review and examine behaviours of cost data inputs in LCC analysis of the building based on the opinions from a collective intelligence panellists. The considerable limitation of modified Delphi is to find the appropriate level of panellists that possess skills, knowledge and expertise in the field of LCC. In addition, the Delphi process is normally long and time-consuming because it involves multi-round of questionnaires.
format	Article
author	Ayob, Mohd Fairullazi Abdul Rashid, Khairuddin
author_facet	Ayob, Mohd Fairullazi Abdul Rashid, Khairuddin
author_sort	Ayob, Mohd Fairullazi
title	Review of methodology designed to investigate quality of cost data input in life cycle cost
title_short	Review of methodology designed to investigate quality of cost data input in life cycle cost
title_full	Review of methodology designed to investigate quality of cost data input in life cycle cost
title_fullStr	Review of methodology designed to investigate quality of cost data input in life cycle cost
title_full_unstemmed	Review of methodology designed to investigate quality of cost data input in life cycle cost
title_sort	review of methodology designed to investigate quality of cost data input in life cycle cost
publisher	Construction Research Institute of Malaysia (CREAM)
publishDate	2016
url	http://irep.iium.edu.my/45637/ http://irep.iium.edu.my/45637/ http://irep.iium.edu.my/45637/6/45637_Review%20of%20methodology%20designed%20to%20investigate_SCOPUS.pdf http://irep.iium.edu.my/45637/7/45637_Review%20of%20methodology%20designed%20to%20investigate.pdf
first_indexed	2023-09-18T21:04:55Z
last_indexed	2023-09-18T21:04:55Z
_version_	1777410869548810240

Review of methodology designed to investigate quality of cost data input in life cycle cost

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