Investigation of quality of cost data input in Life Cycle Cost (LCC) analysis in Malaysia

Ayob, Mohd Fairullazi and Abdul Rashid, Khairuddin (2016) Investigation of quality of cost data input in Life Cycle Cost (LCC) analysis in Malaysia. Journal of Architecture, Planning and Construction Management, 5 (2). pp. 1-9. ISSN 2231-9514

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Abstract

Commentators often pointed out the main focus of the local practitioners and scholars on LCC in the Malaysian construction industry is considerably on the LCC conversion which includes the methodology and models of computing LCC, but very little emphasis is given on the availability, accessibility, currency and reliability of the data as inputs into the process of generating reliable LCC analysis. This paper presents the application of modified Delphi as a fieldwork approach to investigate the current state and practice of LCC in the Malaysian construction industry with specific reference to data inputs of LCC. A three-round modified Delphi process was implemented to obtain consensus of expert opinion regarding the availability, accessibility, currency and reliability of data as inputs into the process of generating reliable LCC analysis. The results establish that the majority of modified Delphi panellists agreed there are several data sources that are categorized as very current and very reliable for LCC analysis. However, the majority of panellists reached consensus there is no single data source that is readily available and accessible for LCC analysis. The study verified the problem of getting quality data inputs for producing a comprehensive and reliable LCC analysis is crucial. It has been identified as one of the significant factors that impose constraints to the implementation of LCC practice for building works in the Malaysia construction industry.

Item Type:	Article (Journal)
Additional Information:	6985/45449
Uncontrolled Keywords:	Life cycle cost, data inputs, building, and consensus.
Subjects:	T Technology > TH Building construction T Technology > TH Building construction > TH4021 Buildings. Construction with reference to use.
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Architecture and Environmental Design > Department of Quantity Surveying
Depositing User:	IR. DR. MOHD FAIRULLAZI AYOB
Date Deposited:	17 Aug 2016 14:08
Last Modified:	17 Aug 2016 14:08
URI:	http://irep.iium.edu.my/id/eprint/51656

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• Investigation on quality of cost data input in Life Cycle Cost (LCC) analysis in Malaysia. (deposited 12 Nov 2015 14:11)
  • Investigation of quality of cost data input in Life Cycle Cost (LCC) analysis in Malaysia. (deposited 17 Aug 2016 14:08) [Currently Displayed]

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