Sequential Model for Long-Term Planning of Building Renewal and Capital Improvement
Robert Bucoń and
Agata Czarnigowska
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Robert Bucoń: Department of Construction Methods and Management, Faculty of Civil Engineering and Architecture, Lublin University of Technology, 20-618 Lublin, Poland
Agata Czarnigowska: Department of Construction Methods and Management, Faculty of Civil Engineering and Architecture, Lublin University of Technology, 20-618 Lublin, Poland
Sustainability, 2021, vol. 13, issue 17, 1-22
Abstract:
The paper puts forward a mixed integer linear programming model to support the long-term planning and budgeting for renewal and capital improvements of residential buildings, i.e., to select the optimal sequence of repair and improvement actions over a predefined planning horizon. The input is provided by the evaluation of the building performance according to a set of criteria. Then a set of possible repairs, replacements and improvements needs to be proposed together with the estimates of their cost and benefits; the latter are expressed by increments of building performance ratings according to predefined criteria. The renewal and modernization measures are not mutually independent: at least some of them are complementary and should be carried out in a specific order. The optimization problem was to define the order of renewal/improvement measures resulting with the highest benefits available within the budget, or to achieve the required levels of building performance at the lowest cost. A unique feature of the model is the approach to the constraints on sequential relationships between the measures and to their selection. The model can be used to construct long-term renewal and capital improvement plans.
Keywords: renovation planning; facility management; sustainability; multi-criteria assessment; decision support; maintenance strategy (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:13:y:2021:i:17:p:9575-:d:621790
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