Correlation for Project Decision Making Process Between Green Building Proposal Evaluation and Life Cycle Costing Applications

Cuong N. N. Tran (), Nhung T. T. Nguyen and Vivian W. Y. Tam
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Cuong N. N. Tran: University of Economics and Business - Vietnam National University
Nhung T. T. Nguyen: Ho Chi Minh City University of Technology (HCMUT) - Vietnam National University, Ho Chi Minh City
Vivian W. Y. Tam: Western Sydney University

A chapter in Proceedings of the 27th International Symposium on Advancement of Construction Management and Real Estate, 2023, pp 475-483 from Springer

Abstract: Abstract Choosing an effective and efficient building design choice for energy management and for optimal cash flow utilisation connected with a building’s life-cycle is always a significant challenge for designers in the effort against global climate change. In addition to reducing greenhouse gas emissions, researchers all over the globe are prospering in the development of building optimization models that would reduce a building’s total energy usage. To foster environmentally friendly development, the Vietnamese government deploys tough law enforcement, well-defined green construction regulations, and a variety of other techniques. To encourage construction enterprises to adopt eco-friendly materials in their current and future projects. According to this study, green building assessments will be influenced by a number of significant factors, such as groupings of variables related to “Experience, credentials, and talents.” Group of variables associated with “Motivation to maximise economic performance of the project life cycle,” “Energy conservation,” “Water conservation,” “Materials & Resources,” “Management,” and “Motivation to promote the benefits of market strategy.” The management of energy efficiency ranks first among the categories of factors that impact the approach and assessment of a green building. In addition, this will affect future evaluations of green buildings, such as life cycle cost analyses and environmental impact assessments undertaken during the development of the project. It is vital to identify and prioritise the components that impact the development of a green building. It will provide more precise project development approaches to academics, designers, and practitioners.

Keywords: Green building rating systems (GBRSs); life-cycle assessment; life-cycle energy consumption; life-cycle greenhouse-gas emissions; life-cycle cost; LOTUS (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/978-981-99-3626-7_38

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