{"id":224073,"date":"2024-10-19T14:33:23","date_gmt":"2024-10-19T14:33:23","guid":{"rendered":"https:\/\/pdfstandards.shop\/product\/uncategorized\/bs-iso-15686-52017\/"},"modified":"2024-10-25T08:17:47","modified_gmt":"2024-10-25T08:17:47","slug":"bs-iso-15686-52017","status":"publish","type":"product","link":"https:\/\/pdfstandards.shop\/product\/publishers\/bsi\/bs-iso-15686-52017\/","title":{"rendered":"BS ISO 15686-5:2017"},"content":{"rendered":"

This document provides requirements and guidelines for performing life-cycle cost (LCC) analyses of buildings and constructed assets and their parts, whether new or existing.<\/p>\n

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NOTE 1 Life-cycle costing takes into account cost or cash flows, i.e. relevant costs (and income and externalities if included in the agreed scope) arising from acquisition through operation to disposal.<\/p>\n<\/blockquote>\n

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NOTE 2 Life-cycle costing typically includes a comparison between alternatives or an estimate of future costs at portfolio, project or component level. Life-cycle costing is performed over an agreed period of analysis, clearly identifying whether the analysis is for only part of or for the entire life cycle of the constructed asset.<\/p>\n<\/blockquote>\n

PDF Catalog<\/h4>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
PDF Pages<\/th>\nPDF Title<\/th>\n<\/tr>\n
2<\/td>\nNational foreword <\/td>\n<\/tr>\n
7<\/td>\nForeword <\/td>\n<\/tr>\n
8<\/td>\nIntroduction <\/td>\n<\/tr>\n
11<\/td>\n1 Scope
2 Normative references
3 Terms and definitions
3.1 Costs <\/td>\n<\/tr>\n
13<\/td>\n3.2 Analysis\/measures <\/td>\n<\/tr>\n
14<\/td>\n3.3 Elements of calculation <\/td>\n<\/tr>\n
15<\/td>\n3.4 Other terms <\/td>\n<\/tr>\n
16<\/td>\n4 Principles of life-cycle costing
4.1 Purpose and scope of life-cycle costing
4.2 Costs to include in LCC analysis
4.2.1 Defining scope of costs included in the analysis <\/td>\n<\/tr>\n
17<\/td>\n4.2.2 Classification of costs <\/td>\n<\/tr>\n
19<\/td>\n4.3 Typical analysis at different stages of the life cycle <\/td>\n<\/tr>\n
20<\/td>\n4.4 Analysis based on client requirements and the intended use of the results
4.4.1 Scope based on client requirements <\/td>\n<\/tr>\n
21<\/td>\n4.4.2 Decisions informed by LCC analysis <\/td>\n<\/tr>\n
23<\/td>\n4.4.3 Strategic level project planning \u2014 Evaluation of strategic alternatives
4.4.4 System and detailed decision level \u2014 Integrating life-cycle costing into design appraisals <\/td>\n<\/tr>\n
24<\/td>\n4.4.5 Service life planning \u2014 LCC plans <\/td>\n<\/tr>\n
25<\/td>\n4.4.6 Major repairs, replacements and adaptations
4.4.7 End of life
4.5 Data for analysis at different stages of the project life cycle
4.5.1 General <\/td>\n<\/tr>\n
26<\/td>\n4.5.2 Benchmark LCC analysis
4.5.3 Detailed LCC analysis
4.6 Cost variables <\/td>\n<\/tr>\n
27<\/td>\n4.7 Calculating cost variables and the form of future costs analysis
4.8 Discounting costs to present values
4.9 Approval and validation
4.10 Reporting LCC analysis <\/td>\n<\/tr>\n
28<\/td>\n5 Setting the scope for LCC analysis
5.1 Relevance and importance of setting parameters for the use of life-cycle costing
5.2 Service life, life cycle and design life <\/td>\n<\/tr>\n
29<\/td>\n5.3 Period of analysis
5.4 Cost variables
5.4.1 Acquisition costs <\/td>\n<\/tr>\n
30<\/td>\n5.4.2 Operation, maintenance and replacement costs <\/td>\n<\/tr>\n
32<\/td>\n5.4.3 Costs at disposal
5.4.4 End-of-life residual valuations
5.4.5 Discount rate <\/td>\n<\/tr>\n
33<\/td>\n5.4.6 Inflation
5.4.7 Taxes and subsidies
5.4.8 Changes in costs over time
5.4.9 Energy and utilities costs
6 WLC variables used in some investment appraisals
6.1 General <\/td>\n<\/tr>\n
34<\/td>\n6.2 Externalities
6.3 Costs related to environmental impacts
6.4 Social costs and benefits <\/td>\n<\/tr>\n
35<\/td>\n6.5 Contribution of the construction works to sustainability and sustainable development
6.6 Intangibles \u2014 Impact on business reputation, functional efficiency, etc. <\/td>\n<\/tr>\n
36<\/td>\n6.7 Future income streams
6.8 Financing costs
7 Decision variables \u2014 Basis of calculating costs
7.1 Real costs
7.2 Nominal costs
7.3 Discounted costs <\/td>\n<\/tr>\n
37<\/td>\n7.4 Present value
7.4.1 General
7.4.2 Net present value (NPV) or net present cost (NPC) <\/td>\n<\/tr>\n
38<\/td>\n8 Uncertainty and risks
8.1 General
8.2 Identification of the causes of uncertainty and risks <\/td>\n<\/tr>\n
39<\/td>\n8.3 Monte Carlo analysis and confidence modelling
8.4 Sensitivity analysis and modelling the effects of changing key assumptions <\/td>\n<\/tr>\n
40<\/td>\n9 Reporting
9.1 LCC analysis \u2014 Presenting the results and supporting information <\/td>\n<\/tr>\n
41<\/td>\n9.2 Reporting costs
9.3 Approvals and audit trail <\/td>\n<\/tr>\n
42<\/td>\nAnnex A (informative) Worked examples \u2014 Analysis techniques used in life-cycle costing <\/td>\n<\/tr>\n
45<\/td>\nAnnex B (informative) Measures of comparison in whole life costing\/life-cycle costing <\/td>\n<\/tr>\n
47<\/td>\nAnnex C (informative) Demonstrating sensitivity analysis <\/td>\n<\/tr>\n
49<\/td>\nAnnex D (informative) Graphical representation of WLC\/LCC analysis <\/td>\n<\/tr>\n
51<\/td>\nAnnex E (informative) Example of levels of LCC analysis <\/td>\n<\/tr>\n
52<\/td>\nBibliography <\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Buildings and constructed assets. Service life planning – Life-cycle costing<\/b><\/p>\n\n\n\n\n
Published By<\/td>\nPublication Date<\/td>\nNumber of Pages<\/td>\n<\/tr>\n
BSI<\/b><\/a><\/td>\n2017<\/td>\n54<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"featured_media":224075,"template":"","meta":{"rank_math_lock_modified_date":false,"ep_exclude_from_search":false},"product_cat":[1229,2641],"product_tag":[],"class_list":{"0":"post-224073","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-91-040-01","7":"product_cat-bsi","9":"first","10":"instock","11":"sold-individually","12":"shipping-taxable","13":"purchasable","14":"product-type-simple"},"_links":{"self":[{"href":"https:\/\/pdfstandards.shop\/wp-json\/wp\/v2\/product\/224073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pdfstandards.shop\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/pdfstandards.shop\/wp-json\/wp\/v2\/types\/product"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pdfstandards.shop\/wp-json\/wp\/v2\/media\/224075"}],"wp:attachment":[{"href":"https:\/\/pdfstandards.shop\/wp-json\/wp\/v2\/media?parent=224073"}],"wp:term":[{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/pdfstandards.shop\/wp-json\/wp\/v2\/product_cat?post=224073"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/pdfstandards.shop\/wp-json\/wp\/v2\/product_tag?post=224073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}