Design Economics for the Built Environment

Impact of Sustainability on Project Evaluation

Herausgeber: Robinson, Herbert; Ilozor, Ben; Gilbertson, Barry; Symonds, Barry
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The drive towards environmentally friendly buildings and infrastructure has led to a

growing interest in providing design solutions underpinned by the core principles of sustainability to balance economic, social and environmental factors.

Design Economics for the Built Environment: Impact of sustainability on project evaluation presents new directions, reflecting the need to recognise the impact of climate change and the

importance of sustainability in project evaluation. The aim is to provide a new approach to

understanding design economics in the context of the changing policy

environment, legislative and regulatory framework, and increasing economic,

environmental and social pressure as result of the sustainability agenda.

The book follows a structured approach from theories and principles in the earlier chapters,

to the practical applications and emerging techniques focusing on value and

social, economic and environmental considerations in making design decisions. It

starts with the policy context, building on various theories and principles

such as, capital cost, value of design and resource-based theories, the new rules of measurement (NRM) to explore cost planning, the relationship between height and costs, key

socio-economic and environmental variables for design appraisal, eco-cost/value ratio (EVR), whole life theory

and the treatment of carbon emission as external costs, productivity and

efficiency, fiscal drivers and legal framework for carbon reduction, procurement and allocation of risks in contracts.

Case studies, practical examples and frameworks throughout reinforce theories and

principles and relate them to current practice. The book is essential reading

for postgraduate students in architecture, building and quantity surveying and

is also a valuable resource for academics, consultants and policy-makers in the

built environment.