Life Cycle Cost Analysis Of Multi Storied Residential Buildings
Historically investment decisions relating to residential buildings have tended to be based on estimates of the
initial construction cost, with little or no consideration for costs relating to operation and maintenance throughout the life of
the building. Sharply rising operating, maintenance and energy costs have highlighted the opportunity for overall savings in
the life of a building that can be achieved by investing in more cost efficient solutions initially. The study done against this
academic paper includes the operations and maintenance (O&M) costs incurred and issues faced in 10, 20 and 27 year old
residential building. Comparative Life Cycle Cost analysis (LCCA) was done on new building with ‘do nothing’ versus
‘energy efficient’ approach.