Identification of cost data input problems in life cycle cost analysis and the mitigation strategies

The objective of this paper is to present the identification of problems and mitigation strategies associated with data input of LCC estimation for building works in the Malaysian construction industry. The focus of quality data here is cost data inputs of building LCC. This paper reports part of a...

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Main Authors: Ayob, Mohd Fairullazi, Abdul Rashid, Khairuddin
Format: Proceeding Paper
Language:English
English
English
English
Published: 2014
Subjects:
Online Access:http://irep.iium.edu.my/39492/
http://irep.iium.edu.my/39492/2/MiCRA_2014_Certificate.jpg
http://irep.iium.edu.my/39492/11/Fairul_LCC_Paper-MiCRA2014_280914.pdf
http://irep.iium.edu.my/39492/14/micra-2014-abstract-list.pdf
http://irep.iium.edu.my/39492/15/MiCRA2014_Tentative_Programme_FINALE2.pdf
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author Ayob, Mohd Fairullazi
Abdul Rashid, Khairuddin
author_facet Ayob, Mohd Fairullazi
Abdul Rashid, Khairuddin
author_sort Ayob, Mohd Fairullazi
building IIUM Repository
collection Online Access
description The objective of this paper is to present the identification of problems and mitigation strategies associated with data input of LCC estimation for building works in the Malaysian construction industry. The focus of quality data here is cost data inputs of building LCC. This paper reports part of a three-year research programme to enhance quality of LCC outputs through the enhancement of quality data input requirements. A modified Delphi approach was carried out to generate consensus of expert opinion regarding the state quality degree of data as inputs for LCC and appropriate strategies to mitigate the problems associated with data input of LCC by evaluating opinions and judgments from a group of experts that have experience, skills and knowledge in LCC. The modified Delphi study has established that there is limited availability and inaccessibility of current and reliable cost data input of LCC analysis for building works in the Malaysian construction industry. Looking at the results of the most appropriate strategies which have been prioritized, there is an overwhelming requirement for a clear procedure or comprehensive guideline to be prepared on the acquisition of cost data inputs to enhance quality data input requirements of LCC. This clear procedure can be best translated in the form of model, framework or protocol to be developed so that a step by step methodological approach can be exacted to make the data available, accessible, current and reliable in facilitating the clients, estimators and researchers to better calculate LCC leading to better outputs.
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format Proceeding Paper
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institution International Islamic University Malaysia
institution_category Local University
language English
English
English
English
last_indexed 2025-11-14T15:55:13Z
publishDate 2014
recordtype eprints
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spelling iium-394922021-07-19T09:02:28Z http://irep.iium.edu.my/39492/ Identification of cost data input problems in life cycle cost analysis and the mitigation strategies Ayob, Mohd Fairullazi Abdul Rashid, Khairuddin TH Building construction TH4021 Buildings. Construction with reference to use. The objective of this paper is to present the identification of problems and mitigation strategies associated with data input of LCC estimation for building works in the Malaysian construction industry. The focus of quality data here is cost data inputs of building LCC. This paper reports part of a three-year research programme to enhance quality of LCC outputs through the enhancement of quality data input requirements. A modified Delphi approach was carried out to generate consensus of expert opinion regarding the state quality degree of data as inputs for LCC and appropriate strategies to mitigate the problems associated with data input of LCC by evaluating opinions and judgments from a group of experts that have experience, skills and knowledge in LCC. The modified Delphi study has established that there is limited availability and inaccessibility of current and reliable cost data input of LCC analysis for building works in the Malaysian construction industry. Looking at the results of the most appropriate strategies which have been prioritized, there is an overwhelming requirement for a clear procedure or comprehensive guideline to be prepared on the acquisition of cost data inputs to enhance quality data input requirements of LCC. This clear procedure can be best translated in the form of model, framework or protocol to be developed so that a step by step methodological approach can be exacted to make the data available, accessible, current and reliable in facilitating the clients, estimators and researchers to better calculate LCC leading to better outputs. 2014-11-06 Proceeding Paper NonPeerReviewed application/pdf en http://irep.iium.edu.my/39492/2/MiCRA_2014_Certificate.jpg application/pdf en http://irep.iium.edu.my/39492/11/Fairul_LCC_Paper-MiCRA2014_280914.pdf application/pdf en http://irep.iium.edu.my/39492/14/micra-2014-abstract-list.pdf application/pdf en http://irep.iium.edu.my/39492/15/MiCRA2014_Tentative_Programme_FINALE2.pdf Ayob, Mohd Fairullazi and Abdul Rashid, Khairuddin (2014) Identification of cost data input problems in life cycle cost analysis and the mitigation strategies. In: 13th Management in Construction Research's Association (MiCRA 2014) Annual Conference and Annual General Meeting (2014), 6th November 2014, Gombak, Kuala Lumpur. (Unpublished) http://micra14.wordpress.com/accepted-abstract/
spellingShingle TH Building construction
TH4021 Buildings. Construction with reference to use.
Ayob, Mohd Fairullazi
Abdul Rashid, Khairuddin
Identification of cost data input problems in life cycle cost analysis and the mitigation strategies
title Identification of cost data input problems in life cycle cost analysis and the mitigation strategies
title_full Identification of cost data input problems in life cycle cost analysis and the mitigation strategies
title_fullStr Identification of cost data input problems in life cycle cost analysis and the mitigation strategies
title_full_unstemmed Identification of cost data input problems in life cycle cost analysis and the mitigation strategies
title_short Identification of cost data input problems in life cycle cost analysis and the mitigation strategies
title_sort identification of cost data input problems in life cycle cost analysis and the mitigation strategies
topic TH Building construction
TH4021 Buildings. Construction with reference to use.
url http://irep.iium.edu.my/39492/
http://irep.iium.edu.my/39492/
http://irep.iium.edu.my/39492/2/MiCRA_2014_Certificate.jpg
http://irep.iium.edu.my/39492/11/Fairul_LCC_Paper-MiCRA2014_280914.pdf
http://irep.iium.edu.my/39492/14/micra-2014-abstract-list.pdf
http://irep.iium.edu.my/39492/15/MiCRA2014_Tentative_Programme_FINALE2.pdf