A Building Information Modeling-Life Cycle Cost Analysis Integrated Model to Enhance Decisions Related to the Selection of Construction Methods at the Conceptual Design Stage of Buildings

Life Cycle Cost Analysis (LCCA) provides a systematic approach to assess the total cost associated with owning, operating, and maintaining assets throughout their entire life. BIM empowers architects and designers to perform real-time evaluations to explore various design options. However, when integrated with LCCA, BIM provides a comprehensive economic perspective that helps stakeholders understand the long-term financial implications of design decisions. This study presents a methodology for developing a model that seamlessly integrates BIM and LCCA during the conceptual design stage of buildings. This integration allows for a comprehensive evaluation and analysis of the design process, ensuring that the development aligns with the principles of low carbon emissions by employing modular construction, 3D concrete printing methods, and different building design alternatives. The model considers the initial construction costs in addition to all the long-term operational, maintenance, and salvage values. It combines various tools and data through different modules, including energy analysis, Life Cycle Assessment (LCA), and Life Cycle Cost Analysis (LCCA) to execute a comprehensive assessment of the financial implications of a specific design option throughout the lifecycle of building projects. The development of the said model and its implementation involves the creation of a new plug-in for the BIM tool (i.e., Autodesk Revit) to enhance its functionalities and capabilities in forecasting the life-cycle costs of buildings in addition to generating associated cash flows, creating scenarios, and sensitivity analyses in an automatic manner. This model empowers designers to evaluate and justify their initial investments while designing and selecting potential construction methods for buildings, and enabling stakeholders to make informed decisions by assessing different design alternatives based on long-term financial considerations during the early stages of design.

Comparative analysis of perpetual pavement structures based on pavement performance and life cycle cost

Pavement performance and economic efficiency are researched on the perpetual test pavement of Yijiang-Suzhou Express Highway in Jiangsu province, China. Test sections were continuously monitored. The conditions and developing laws of deflection, rutting and cracking are compared among the perpetual pavement with the rich binder layer （RBL）, the perpetual pavement without the RBL, and the conventional semi-rigid asphalt pavement in the past eight years after opening for traffic. Economical evaluation is conducted via life cycle cost analysis （LCCA）. Based on the performance comparison and LCCA analysis, sections with the RBL have good crack resistance, but they are not very satisfactory in the aspect of permanent deformation; the conventional semi-rigid asphalt pavement is the least economic one due to requiring more frequent maintenance. Research results show that the perpetual pavement without RBL is a more appropriate structure for the test site.

Economic Analysis of using Above Ground Gas Storage Devices for Compressed Air Energy Storage System

Above ground gas storage devices for compressed air energy storage(CAES) have three types:air storage tanks,gas cylinders,and gas storage pipelines.A cost model of these gas storage devices is established on the basis of whole life cycle cost(LCC) analysis.The optimum parameters of the three types are determined by calculating the theoretical metallic raw material consumption of these three devices and considering the difficulties in manufacture and the influence of gas storage device number.The LCCs of the three types are comprehensively analyzed and compared.The result reveal that the cost of the gas storage pipeline type is lower than that of the other two types.This study may serve as a reference for designing large-scale CAES systems.

ECONOMIC IMPACT OF NEW GREEN BUILDING CODE ON RESIDENTIAL PROJECT DEVELOPMENT FROM ENERGY CONSUMPTION PERSPECTIVES7

The new Green Building Code impacts the design and construction of building systems,which are vital for energy consumption estimation,especially since electricity prices are of great interest to today’s consumers.Through the integration of energy consumption and utility bills,this paper presents the results of the economic impacts of installing various energy efficient systems required by the Green Building Code.Energy consumption prediction models are developed using multiple regression statistical methods based on electricity data collected from 110 single-family houses located in Los Angeles,California,USA.These prediction models have found a significant difference in electricity consumption of a single-family house prior to the introduction of the code and after its introduction.In addition,life cycle cost analysis on two of the featured systems,photovoltaic system and hybrid water heater,discovered that consumers can pay off their up-front investments in state-of-the-art energy efficient systems and appliances and earn a profit within the stated life cycle time period.The findings provide useful guidelines for making initial monetary decisions in the residential building industry。