BS ISO 15686-5:2017 – TC:2020 Edition
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Tracked Changes. Buildings and constructed assets. Service life planning – Life-cycle costing
| Published By | Publication Date | Number of Pages |
| BSI | 2020 | 121 |
PDF Catalog
| PDF Pages | PDF Title |
|---|---|
| 67 | National foreword |
| 72 | Foreword |
| 73 | Introduction |
| 76 | 1 Scope 2 Normative references 3 Terms and definitions 3.1 Costs |
| 78 | 3.2 Analysis/measures |
| 79 | 3.3 Elements of calculation |
| 80 | 3.4 Other terms |
| 81 | 4 Principles of life-cycle costing 4.1 Purpose and scope of life-cycle costing 4.2 Costs to include in LCC analysis 4.2.1 Defining scope of costs included in the analysis |
| 82 | 4.2.2 Classification of costs |
| 84 | 4.3 Typical analysis at different stages of the life cycle |
| 85 | 4.4 Analysis based on client requirements and the intended use of the results 4.4.1 Scope based on client requirements |
| 86 | 4.4.2 Decisions informed by LCC analysis |
| 88 | 4.4.3 Strategic level project planning — Evaluation of strategic alternatives 4.4.4 System and detailed decision level — Integrating life-cycle costing into design appraisals |
| 89 | 4.4.5 Service life planning — LCC plans |
| 90 | 4.4.6 Major repairs, replacements and adaptations 4.4.7 End of life 4.5 Data for analysis at different stages of the project life cycle 4.5.1 General |
| 91 | 4.5.2 Benchmark LCC analysis 4.5.3 Detailed LCC analysis 4.6 Cost variables |
| 92 | 4.7 Calculating cost variables and the form of future costs analysis 4.8 Discounting costs to present values 4.9 Approval and validation 4.10 Reporting LCC analysis |
| 93 | 5 Setting the scope for LCC analysis 5.1 Relevance and importance of setting parameters for the use of life-cycle costing 5.2 Service life, life cycle and design life |
| 94 | 5.3 Period of analysis 5.4 Cost variables 5.4.1 Acquisition costs |
| 95 | 5.4.2 Operation, maintenance and replacement costs |
| 97 | 5.4.3 Costs at disposal 5.4.4 End-of-life residual valuations 5.4.5 Discount rate |
| 98 | 5.4.6 Inflation 5.4.7 Taxes and subsidies 5.4.8 Changes in costs over time 5.4.9 Energy and utilities costs 6 WLC variables used in some investment appraisals 6.1 General |
| 99 | 6.2 Externalities 6.3 Costs related to environmental impacts 6.4 Social costs and benefits |
| 100 | 6.5 Contribution of the construction works to sustainability and sustainable development 6.6 Intangibles — Impact on business reputation, functional efficiency, etc. |
| 101 | 6.7 Future income streams 6.8 Financing costs 7 Decision variables — Basis of calculating costs 7.1 Real costs 7.2 Nominal costs 7.3 Discounted costs |
| 102 | 7.4 Present value 7.4.1 General 7.4.2 Net present value (NPV) or net present cost (NPC) |
| 103 | 8 Uncertainty and risks 8.1 General 8.2 Identification of the causes of uncertainty and risks |
| 104 | 8.3 Monte Carlo analysis and confidence modelling 8.4 Sensitivity analysis and modelling the effects of changing key assumptions |
| 105 | 9 Reporting 9.1 LCC analysis — Presenting the results and supporting information |
| 106 | 9.2 Reporting costs 9.3 Approvals and audit trail |
| 107 | Annex A (informative) Worked examples — Analysis techniques used in life-cycle costing |
| 110 | Annex B (informative) Measures of comparison in whole life costing/life-cycle costing |
| 112 | Annex C (informative) Demonstrating sensitivity analysis |
| 114 | Annex D (informative) Graphical representation of WLC/LCC analysis |
| 116 | Annex E (informative) Example of levels of LCC analysis |
| 117 | Bibliography |
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BS ISO 15686-5:2017
Buildings and constructed assets. Service life planning – Life-cycle costing Published By Publication Date Number…
