A literature review on the state and practice of life cycle cost (LCC) in Malaysia

Commentators suggest that most clients focus only on initial or capital costs but very seldom they consider future costs (maintenance, replacement, etc) when they initiate and procure building and infrastructure facilities. In addition, techniques including Life Cycle Cost (LCC) were seldom applie...

Full description

Bibliographic Details
Main Authors:	Ayob, Mohd Fairullazi, Abdul Rashid, Khairuddin
Format:	Conference or Workshop Item
Language:	English
Published:	2011
Subjects:	TH Building construction TH4021 Buildings. Construction with reference to use.
Online Access:	http://irep.iium.edu.my/37735/ http://irep.iium.edu.my/37735/ http://irep.iium.edu.my/37735/10/BITECH2014.pdf

id	iium-37735
recordtype	eprints
spelling	iium-377352015-04-10T00:37:25Z http://irep.iium.edu.my/37735/ A literature review on the state and practice of life cycle cost (LCC) in Malaysia Ayob, Mohd Fairullazi Abdul Rashid, Khairuddin TH Building construction TH4021 Buildings. Construction with reference to use. Commentators suggest that most clients focus only on initial or capital costs but very seldom they consider future costs (maintenance, replacement, etc) when they initiate and procure building and infrastructure facilities. In addition, techniques including Life Cycle Cost (LCC) were seldom applied; these despite the fact that past research indicated that the application of such techniques could provide clients with a holistic view on the total costs (initial, maintenance, replacement, etc) of their proposed development. Consequently, a research project aimed at investigating the state and practice of LCC in Malaysia was initiated and carried out. This paper reports on the initial stage of the study and its outcome. The initial study was conducted through a comprehensive review of literature on LCC in general and specifically on the practice of LCC in Malaysia. The outcome of the initial study suggests that among others; most clients and their consultants are aware of the concept and practice of LCC, there exist several models and techniques on how to apply LCC for building and infrastructure projects and yet LCC is seldom practiced in Malaysia. The findings provide current information on the state and practice of LCC in Malaysia. 2011-06-07 Conference or Workshop Item PeerReviewed application/pdf en http://irep.iium.edu.my/37735/10/BITECH2014.pdf Ayob, Mohd Fairullazi and Abdul Rashid, Khairuddin (2011) A literature review on the state and practice of life cycle cost (LCC) in Malaysia. In: International Building and Infrastructure Technology Conference 2011 (BITECH 2011), 7-8 June 2011, Penang, Malaysia. http://www.hbp.usm.my/bitech2011/
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	TH Building construction TH4021 Buildings. Construction with reference to use.
spellingShingle	TH Building construction TH4021 Buildings. Construction with reference to use. Ayob, Mohd Fairullazi Abdul Rashid, Khairuddin A literature review on the state and practice of life cycle cost (LCC) in Malaysia
description	Commentators suggest that most clients focus only on initial or capital costs but very seldom they consider future costs (maintenance, replacement, etc) when they initiate and procure building and infrastructure facilities. In addition, techniques including Life Cycle Cost (LCC) were seldom applied; these despite the fact that past research indicated that the application of such techniques could provide clients with a holistic view on the total costs (initial, maintenance, replacement, etc) of their proposed development. Consequently, a research project aimed at investigating the state and practice of LCC in Malaysia was initiated and carried out. This paper reports on the initial stage of the study and its outcome. The initial study was conducted through a comprehensive review of literature on LCC in general and specifically on the practice of LCC in Malaysia. The outcome of the initial study suggests that among others; most clients and their consultants are aware of the concept and practice of LCC, there exist several models and techniques on how to apply LCC for building and infrastructure projects and yet LCC is seldom practiced in Malaysia. The findings provide current information on the state and practice of LCC in Malaysia.
format	Conference or Workshop Item
author	Ayob, Mohd Fairullazi Abdul Rashid, Khairuddin
author_facet	Ayob, Mohd Fairullazi Abdul Rashid, Khairuddin
author_sort	Ayob, Mohd Fairullazi
title	A literature review on the state and practice of life cycle cost (LCC) in Malaysia
title_short	A literature review on the state and practice of life cycle cost (LCC) in Malaysia
title_full	A literature review on the state and practice of life cycle cost (LCC) in Malaysia
title_fullStr	A literature review on the state and practice of life cycle cost (LCC) in Malaysia
title_full_unstemmed	A literature review on the state and practice of life cycle cost (LCC) in Malaysia
title_sort	literature review on the state and practice of life cycle cost (lcc) in malaysia
publishDate	2011
url	http://irep.iium.edu.my/37735/ http://irep.iium.edu.my/37735/ http://irep.iium.edu.my/37735/10/BITECH2014.pdf
first_indexed	2023-09-18T20:54:06Z
last_indexed	2023-09-18T20:54:06Z
_version_	1777410188485066752

A literature review on the state and practice of life cycle cost (LCC) in Malaysia

Similar Items