In this episode Ian takes a deep dive into the concept of ‘The Whole Life Approach' and how it can benefit your project. From design to demolition, this is a full holistic approach to the entire duration of your construction, its use and its existence in the community. Ian details the considerations required for long sighted view of design, construction and operation to ensure efficiency and minimisation of pitfalls for decades to come. Learn the difference between Whole Lifecycle Analysis, Lifecycle Analysis and Lifecycle Costing and the advantages that each can offer you.
KEY TAKEAWAYS
- The Property Initiation Document stage is where the whole life approach should be introduced to ensure its consideration and embed its practices into the project at inception. The client needs naturally inform the project at this stage, but is the client fully aware that a high capital outlay at construction can effective in reducing operational costs of the building during use?
- Whole Lifecycle Analysis is the costing of the entire ownership of a building over it lifetime. Lifecycle Analysis is the defining the environmental impact of a provided service or product throughout its existence. Lifecycle Costing is the lifetime cost of a specified asset, for example, an air conditioning unit.
- Value Engineering is often misunderstood as keeping the cost of construction down but if considered with a whole lifecycle approach you can ensure that costs are down far beyond the construction phase.
- When costing an asset for its lifecycle consider installation, depreciation and salvage value and keep track of maintenance with a five year Forward Maintenance Register.
- To effectively observe the whole life operation of a building it is wise to bring on board an experienced Facilities Manager who can effectively foresee potential operational costs in the design of a building at the Property Initiation Document stage.
BEST MOMENTS
‘So spending a bit more upfront may end up reducing operational costs long term so that the whole life of the project becomes more cost effective. Is the maintenance of the building being correctly considered?'
‘So in terms of lifecycle cost analysis, this has been around for many years. It assesses the total cost of ownership over the life of the building. So we start off with the the design and the initial experience, etc. We then look at the maintenance implications, the operational performance, the salvage at the end, and look at value versus risk.'
‘A more expensive piece of equipment may have a considerably less energy drain on a building, as well as lasting longer and therefore not requiring so many capital replacements, say a split air conditioning system.'
‘It's all about the environment, the impact and performance design, what changes can be made to the product to lessen its environmental impact. Purchasing which product has a bit less environmental impact. So we're looking at embedded carbon here, carbon emissions, a number of things here in terms of when we're considering a particular asset for purchasing.'
VALUABLE RESOURCES
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ABOUT THE HOST
Ian Rogers is an entrepreneur running businesses in the Real Estate, Construction and Facilities Management arena. Ian has over 40 years' industry experience, as he was effectively born into construction with his father having his own building company and Ian spending time working on sites from the age of 11!. As a result Ian has seen the industry from a trades person perspective, as a chartered quantity surveyor working on large commercial projects, as a project manager and then working on structured project finance through PFI/PPP deals. This has given Ian a unique whole life approach to any project by considering the end game at the beginning.
CONTACT METHOD
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