Flanagan, R; Kendell, A; Norman, G and Robinson, G D (1987) Life cycle costing and risk management. Construction Management and Economics, 5(4), ISSN 01446193
Official URL: https://doi.org/10.1080/01446193.1987.10462093
Abstract
Risk and uncertainty is endemic to life cycle costing, and requires that an effective risk management system be an integral part of life cycle cost analysis. Such a system is developed, with emphasis on sensitivity and probability analysis. Its use is demonstrated by means of a case study of building finishes.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | uncertainty; life cycle; risk management; cost analysis; life cycle cost; probability; probability analysis; case study |
| Date Deposited: | 11 Apr 2025 14:43 |
| Last Modified: | 11 Apr 2025 14:43 |