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July Slides - Life-Cycle Cost Analysis And Its Importance

conducting a life-cycle cost analysis is so important. This analysis allows you to evaluate your projectu2019s economic performance throughout its lifetime<br><br>Therefore, enabling you to make a more informed decision when choosing the right method and design for a construction project.<br>

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July Slides - Life-Cycle Cost Analysis And Its Importance

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  1. Life-Cycle Cost Analysis And Its Importance

  2. Introduction • conducting a life-cycle cost analysis is so important. This analysis allows you to evaluate your project’s economic performance throughout its lifetime • Therefore, enabling you to make a more informed decision when choosing the right method and design for a construction project.

  3. What Is Life-Cycle Cost Analysis? • The LCCA is defined as a method used to assess the total cost of running a project throughout its life cycle. • This includes the building, building material, and the equipment that will be needed throughout the useful life of the building.

  4. Cost And Value Optimization • During the value engineering process, the engineers as well as the designers work to optimize the cost of the project. • They also work on increasing the overall value of the project to make the most out of the money being spent.

  5. Conclusion • While starting a construction project, every owner aims to maximize the value of the process. • That is why engineers and project managers emphasize the importance of performing LCCA during the value engineering process.

  6. ABOUT US BelVan Construction is Edmonton’s leading commercial contractor. We offer our clients various expert general contracting, project design-build, pre-construction consulting, and construction management services.

  7. SERVICES BelVan Construction utilizes its labor force to conduct many construction activities when it benefits the project. We are specialized in services like: • Conceptual Design & Project Budgeting • Architectural and Interior Design (utilizing 3rd party professionals) • Engineering (utilizing 3rd party professionals) • Permit Applications • Project Financing Recommendations

  8. PROJECTS BelVan Construction has considerable diversity across a variety of commercial project types, including; Restaurants, Offices, Retail, Recreational and Public Spaces.

  9. 587-524-5199 info@belvangroup.com www.belvanconstruction.com Thank You!

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