Life Cycle Cost Analysis Framework of Green Features in Buildings

Download or read book Life Cycle Cost Analysis Framework of Green Features in Buildings written by Nakisa Alborzfard and published by . This book was released on 2011 with total page 1546 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Sustainability has been heightened to a new level of importance, due to the current global race for commodities and conservation of our environment. Sustainable Buildings are of particular interest since buildings are significant contributors to consumption of resources. Since the inception of the United States Green Building Council (USGBC) in 1993, USGBC has played a key role in providing guidance to the design and construction community in building "green" structures. The Leadership in Energy and Environmental Design (LEED) rating system is an industry accepted standard for the design/construction and measurement of green buildings. Although USGBC provides guidance on performance measurement, a streamlined process of performance tracking and measurement has not been formalized. This research focuses on identifying vital areas of required tracking and measurement; to allow for a systematic analysis of costs and benefits, over the life of sustainable buildings. A case-study based on the recently designed and constructed East Hall LEED-Gold Certified, dormitory building at Worcester Polytechnic Institute (WPI), was undertaken to create and assess a life cycle costs analysis framework. This research is aimed at understanding what the costs of building green at WPI truly are. Life Cycle Cost Analyses of the mechanical, electrical, plumbing and roof components were evaluated to generate percent savings or percent added cost. This research reviewed the various green and non-green costs of construction, consumption, and operations and maintenance costs providing a comparative analysis to leading researchers in the field of costs and benefits of building green.