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Showing posts with the label Financial life cycle costing

Choosing construction technologies

'The Choice is simple Sustainable development, unsustainable development or no development at all.' Sandy Halliday, Build Green 1990." National Perspective Continuing with the conventional constructional technologies for the mass housing is like burning candle from both sides. It is unsafe, polluting, wasteful and may be.... undignified for our times. The negatives multiply in case of high rise construction wherein it is akin to burning candle from all ends. It is the root cause of the poor quality, Project Time + Cost overruns and most tragic of them all most fatal accidents. Indian construction Industry (?) can't afford to continue it  for mass construction projects. Planetary Perspective With the above perspective, achieving mission of Housing for all by 2022 through the present industry practices is likely to be disastrous not only for us but for the whole planet as well. For achieving Sustainable Development Goals (SDGs), it is imperative that w...

Supporting Green Decisions With Financial Simulations

“Nothing is more powerful than an idea whose time has come.” Victor Hugo Sustainability is the idea of which the time has come. In earlier posts  Decision Making Through  Life Cycle Costing- A Simple Practical Example   and  Life Cycle Costing-2: A Practical Project Feasibility Example Solutions  were worked out with side by side generating the cash flows and evaluating the Present Worths of the two alternate cash flows.  The life now is not as simple as say a decade ago when the above solutions were evolved and accepted. The clients are more demanding and we have numerous options & better software tools. Most importantly passionate green professionals have to strive and inch all solutions towards sustainability.  FOCUS:  Supporting Green Decisions With Financial Simulations Sheer inertia and lack of qualified professionals in the Indian Construction Industry are main factors that inhibit innovations. So business goes a...

Decision Making Through Life Cycle Costing- A Simple Practical Example

Decision Making Through  Life Cycle Costing- A Simple Practical Example Problem Statement: To compare the life cycle costing by calculating the single Present  Value for different scenarios. A choice is required to be made for air conditioning by Installing AC only Installing AC along with insulation works and solar film . The variables would be the Initial costs and the Cost of Capital. The link below would take you to the Excel worksheet wherein the comments in each cell would make you understand the process fully. It is assumed that the user is a knowledge worker and the input parameters have been evaluated through experts. Excel Workbook has been set in a manner that is fit for a novice excel user. Download The Excel File Related Article - THE ECONOMY OF ENERGY EFFICIENT BUILDINGS; AN INDIAN PERSPECTIVE

THE ECONOMY OF ENERGY EFFECIENT BUILDINGS; AN INDIAN PERSPECTIVE

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Paper published in The Journal of The Indian Institute of Architecture June 2008 THE ECONOMY OF ENERGY EFFICIENT BUILDINGS: AN INDIAN PERSPECTIVE Akanksha Sharma, Abhijit Parashar, Ashutosh Pathak Akanksha Sharma ( sharma.akan@gmail.com ), B.Arch (JMI University, New Delhi), working with Ar.Shiraz Kidwai, Delhi Design Company Abhijit Parashar ( abhijitparashar2003@gmail.com ), B Tech (IIT Roorkee), NSE certified derivatives and capital markets dealer, currently working at Schlumberger Ashutosh Pathak PMP, ( pathak.ashutoshpathak@gmail. com ), M. Tech. Building Science & Construction Management (IIT Delhi), Microsoft certified Application Specialist for Office Excel® 2007, currently working as Director (works), PWD, Govt. of NCT Delhi. Author for correspondence: Akanksha Sharma( sharma.akan@gmail.com ) ABSTRACT A booming Indian economy and consumerism has lead to exponentially rising energy consumption in Urban Indian residential and commercial s...