Life-Cycle Cost Models for Green Buildings: With Optimal Green Star Credits

Life-Cycle Cost Models for Green Buildings: With Optimal Green Star Credits illustrates the tools and methods for developing a life-cycle cost model that incorporates developer constraints while maximizing the number of credit points achieved. The book identifies the interdependencies among various credits in the Green Star environmental rating system. Afterwards, life-cycle cost is calculated by considering six main central business districts (CBDs) of Australia. The net present value (NPV) technique is used to calculate life-cycle costs. Further, a sensitivity analysis is also carried out for selected credits to identify the changes to life-cycle cost to the changes in discount rate.

Once all the life-cycle cost data is calculated, this book illustrates the development of the proposed model using a Java application which allows users to evaluate each key criterion of green buildings separately. The book is designed to provide ample knowledge of the various options available to get green building certification and the further implications in-terms of life-cycle.

• Provides cost saving and management advice for keeping a green building project operating on time and budget throughout their life-cycle
• Expertly explains the various options available for gaining green building certification
• Allows users to build life-cycle cost models which is unique to the project at hand

Chethana Illankoon is an Associate Lecturer at School of Architecture and Built Environment in University of Newcastle, Australia. She was awarded the PhD in Engineering in May 2019, from the School of Computing Engineering and Mathematics in Western Sydney University, Australia. Her PhD research focused on life-cycle cost optimization for green buildings in Australia. Her research interests are life-cycle analysis, green buildings, life-cycle cost and sustainable construction. She has published her research work in high impact journals, conference papers and book chapters. She is currently working as the Editorial Secretary for International Journal of Construction Management.

Professor Vivian W. Y. Tam is the Associate Dean (Research and HDR), Associate Dean (International) and Discipline Leader (Construction Management) at School of Built Environment, Western Sydney University, Australia. She is nominated to the College of Expert, Australian Research Council, Australian Government. She received her Ph.D. in sustainable construction from the Department of Building and Construction at City University of Hong Kong. Her research interests are in the areas of environmental management in construction and sustainable development. She is currently the Editor-in-Chief of International Journal of Construction Management and Editor of Construction and Building Materials.

Associate Professor Khoa N. Le received his Ph.D. in October 2002 from Monash University, Melbourne, Australia. From April 2003 to June 2009, He was a Lecturer at Griffith University, Gold Coast campus, Griffith School of Engineering. From January to July 2008, he was a visiting professor at Intelligence Signal Processing Laboratory, Korea University, Seoul, Korea. From January 2009 to February 2009, he was a visiting professor at the Wireless Communication Centre, University Technology Malaysia, Johor Bahru, Malaysia. He is currently Associate Professor at School of Computing, Engineering, and Mathematics, Kingswood, Western Sydney University. His research interests are in wireless communications with applications to structural, construction management problems, image processing and wavelet theory. Since 2003, Associate Professor Le has been an Editor of Journal on Computer Networks and Communications, Hindawi Publishing. Associate Professor Le has also been a Guest Editor of a Special Issue on “polarization in wireless communications” for Physical Communication, Elsevier, 2012. Since 2018, Associate Professor Le has been an Editor for IEEE Transactions on Vehicular Technology and IET Signal Processing. Associate Professor Le has been Bayu Chair Professor, Chongqing University Science of Technology, 2020-2022.