Use of Life Cycle Costing in the Development of Standards
Abstract
The thesis set out to determine how, and to what extent, life cycle costing is used in the development of voluntary consensus standards. It explains how several organizations in the commercial sector develop voluntary standards. Among these organizations was in the commercial sector develop voluntary standards. Among these organizations was ASHRAE, who is currently developing a standard based on life cycle costing. Standard 90.2 Energy Efficient Design of New Low-Rise Residential Buildings prescribes the insulation values for the envelope of a building. The economic methodology was based on marginal analysis by considering an upgraded construction component and then determining the incremental energy cost savings to the incremental modification costs over a specified life cycle period. Questions arose concerning the economic assumptions used in developing the standard. It is recommended that an impact study be performed to evaluate the cost estimating techniques and the basic economic assumptions.
Document Details
- Document Type
- Technical Report
- Publication Date
- Dec 01, 1988
- Accession Number
- ADA206456
Entities
People
- James M. Underwood
Organizations
- Naval Postgraduate School