Life-cost approach to building evaluation comprehensively addresses in a reader-friendly, accessible way the fundamentals of life-cost studies in the built environment. It includes the time-value of money, discounted cash-flow analysis, differential price-level movement and affordability fluctuations. Contemporary issues such as occupancy costs, sustainability implications and value adding are also addressed. Replete with illustrations and examples, this innovative book provides a holistic approach to evaluation that integrates life-costing to broader social and environmental criteria. Important features include: - presentation materials to facilitate face-to-face and online learning - review questions - worked tutorial exercises, and - example examination papers.
Autorentext
Langston, Craig
Zusammenfassung
It is unusual, in the precise world of law, to find instances of where 'near enough is good enough'. This book explores when this is possible, referring to property and monetary transfers, under the increasingly important and influential cy-pres doctrine.The doctrine decrees that, when literal compliance is impossible or infeasible, the intention of a donor or testator should be carried out 'as nearly as possible'. Over the past thirty years, this doctrine has marched into other legal territory where 'as near as possible' is also considered sufficient, such as in class actions litigation and under non-charitable trusts.Discussing and analyzing key developments across the Commonwealth jurisdictions and the USA, this book considers whether there is a new and overarching definition which can be attributed to the cy-prs doctrine. It asks whether there is a doctrinal symmetry of analysis that truly renders it a body of 'cy-prs law' in the modern context and whether the doctrine can be expected to play an even greater role in the future.This book is of interest to researchers and practitioners working in trusts and charity law, property law, contract law, and class actions jurisprudence.
Inhalt
.A Total Cost Approach .The Time Value of Money .Discounted Cash Flow Analysis .Life-Cost Planning .Life-Cost Analysis .Change in Worth .Real and Equivalent Value .Life-Costing in Practice .Occupancy Costs .Sustainability Implications .Adding Value .Holistic Project Appraisal .Life-Cost Calculations