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  • Book
  • © 1990

Building Economics: Theory and Practice

Authors:

  1. Rosalie T. Ruegg
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    You can also search for this author in PubMed   Google Scholar

  2. Harold E. Marshall
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Table of contents (26 chapters)

  1. Front Matter

    Pages i-xv
    PDF

  2. Methods of Economic Evaluation

    1. Front Matter

      Pages 1-1
      PDF

    2. Building Economics at a Glance

      • Rosalie T. Ruegg, Harold E. Marshall
      Pages 3-15

    3. Life-Cycle Cost (LCC)

      • Rosalie T. Ruegg, Harold E. Marshall
      Pages 16-33

    4. Net Benefits (NB) and Net Savings (NS)

      • Rosalie T. Ruegg, Harold E. Marshall
      Pages 34-47

    5. Benefit-to-Cost Ratio (BCR) and Savings-to-Investment Ratio (SIR)

      • Rosalie T. Ruegg, Harold E. Marshall
      Pages 48-66

    6. Internal Rate-of-Return (IRR)

      • Rosalie T. Ruegg, Harold E. Marshall
      Pages 67-78

    7. Overall Rate-of-Return (ORR)

      • Rosalie T. Ruegg, Harold E. Marshall
      Pages 79-91

    8. Payback (PB)

      • Rosalie T. Ruegg, Harold E. Marshall
      Pages 92-104

  3. What You Need to Know to Apply the Methods

    1. Front Matter

      Pages 105-105
      PDF

    2. Adjusting Dollar Amounts for Time of Occurrence

      • Rosalie T. Ruegg, Harold E. Marshall
      Pages 107-133

    3. Treatment of Price Changes

      • Rosalie T. Ruegg, Harold E. Marshall
      Pages 134-146

    4. Setting the Study Period

      • Rosalie T. Ruegg, Harold E. Marshall
      Pages 147-152

    5. Selecting a Discount Rate or MARR

      • Rosalie T. Ruegg, Harold E. Marshall
      Pages 153-167

    6. Estimating Costs and Benefits

      • Rosalie T. Ruegg, Harold E. Marshall
      Pages 168-185

    7. Accounting for Taxes and Financing

      • Rosalie T. Ruegg, Harold E. Marshall
      Pages 186-200

  4. Techniques for Treating Uncertainty and Risk

    1. Front Matter

      Pages 201-201
      PDF

    2. Risk Exposure and Risk Attitude

      • Rosalie T. Ruegg, Harold E. Marshall
      Pages 203-215

    3. Conservative Estimating, Breakeven Analysis, and Sensitivity Analysis

      • Rosalie T. Ruegg, Harold E. Marshall
      Pages 216-225

    4. Risk-Adjusted Discount Rate and Certainty Equivalent Techniques

      • Rosalie T. Ruegg, Harold E. Marshall
      Pages 226-232
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About this book

We no longer build buildings like we used to nor do we pay for them in the same way. Buildings today are no longer only shelter but are also life support systems, communication terminals, data manufacturing centers, and much more. Buildings are incredibly expensive tools that must be constantly adjusted to function efficiently. The economics of building has become as complex as its design. When buildings were shelter they lasted longer than their builders. The av­ erage gothic master mason lived 35 or 40 years. Cathedrals took 3 or 4 hundred years to build. Cost estimates were verified by great great grandchildren of the original designer. Today, creative economics has become as important as creative design and creative building. The dient brings builder, contractor, architect, and facilities manager to account in their life time. The cost of building can therefore no longer be left to chance or act of god. Solutions are no longer as ingeniously simple as those proposed by a Flor­ entine builder early in the 15th century. He proposed to center the dome of S. Maria deI Fiore on a great mound of earth mixed with pennies. When the job was done street urchins would carry away the dirt in their search for the pennies. This was a serious suggestion offered by an early construction manager before Brunelleschi solved the problem more sensibly.
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Keywords

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Bibliographic Information

  • Book Title: Building Economics: Theory and Practice

  • Authors: Rosalie T. Ruegg, Harold E. Marshall

  • DOI: https://doi.org/10.1007/978-1-4757-4688-4

  • Publisher: Springer New York, NY

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer Science+Business Media New York 1990

  • Softcover ISBN: 978-1-4757-4690-7Published: 16 July 2013

  • eBook ISBN: 978-1-4757-4688-4Published: 11 November 2013

  • Edition Number: 1

  • Number of Pages: XV, 486

  • Topics: Civil Engineering, Economics, general

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Buy it now

eBook USD 129.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

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