Discuss how the techniques of life cycle costing

Reference no: EM133112959

Question 1: It is argued that there is a shift away from the use a comprehensive set of tender documents in order to start projectsquickly, thus renderingIt impossible for the Design Team Quantity Surveyor to provide reliable early cost advice for cost forecasting, cost planning and cost control on large infrastructure projects. Using examples where you can, critically analyse thelimitations you face in providing cost and procurement advice to the client, the management of financial risk and how you might overcome these.

Question 2: In 1972, Alex Gordon, past president of the Royal Institute of British Architects, published a paper that promoted a concept of ‘long life, low energy, loose fit'. In essence it recommended that buildings should be designed to be durable, flexible in terms of internal layout and energy efficient. Discuss how the techniques of life cycle costing would fit into this concept and the barriers you might face in promoting additional capital investment now, using Political, Economic, Societal, Technological , Environmental and Legal considerations.

Question 3: Building Information Modelling will dramatically alter the current role of the Quantity Surveyor. Critically analyse the validity of this statement, and discuss the barriers that might limit its impact across the whole sector in the UK and overseas.

Attachment:- Building Economics.rar

Reference no: EM133112959

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