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Whole life costing is not a new concept. However, thinking about costs has traditionally been segregated into 'boxes' of capital, maintenance, operational and disruption costs, a split often emphasised by divisions of responsibility within organisations. This guide provides the necessary advice and date to break down the barriers between cost boxes so that costs can be considered holistically. This leads to more informed project decisions and can reduce costs over the life of an asset.
This guide provides detailed information, including a database contining historic meaintenance cost information. to facilitate the use of whole life costing case studies are presented showing the application of whole life costing at various stages in numerous port, coastal and fluvial engineering projects.
The guide is divided into three main sections, Part A provides an overview of whole life costing and its application to port, coastal and fluvial engineering, this is supported by Appendices giving information on particular techniques and on maintenance cost data. Finally, a number of case studies are described in Part B and the lessons learned from applying whole life cost analysis in each case study are identified.
Whole Life Costs and Project Procurement in Port, Coastal and Fluvial Engineering is essential reading for all those who are involved in the estimation and calculation of project costs for port, coastal and fluvial engineering schemes. It is designed to inform the needs of owners and project funders (e.g. MAFF, environment Agency, local authorities, port authorities ndinternal drainage boards), consulting engineers and contractors.
