Table 13

Tailored WLC framework structure with levels 1–5, including localised risk factors and additional cost elements

Level 1Level 2Level 3Level 4Level 5
1Whole Life Cost (WLC)1Non-Construction Costs1.1Acquisition Costs1.1.1Site acquisition1.1.1.1Foreign exchange
1.1.1.2Method of financing
1.1.1.3Legislative and economic changes
1.1.2Administrative, financial, legal, and marketing expenses1.1.2.1Regional and geographical conditions
1.1.2.2Taxation
1.1.2.3Upfront Acquisition cost
1.1.2.4Regulatory compliance
  2Life Cycle Costs2.1Construction, Renewal, and Maintenance Costs2.1.1Demolition, site preparation, and formation2.1.1.1Building resilience to natural hazards
      2.1.1.2Regulatory compliance
      2.1.1.3Taxation
      2.1.2Substructure/Structure2.1.2.1Materials availability
        2.1.2.2Material durability
        2.1.2.3Material quality
        2.1.2.4Material selection
        2.1.2.5Serviceability of materials
        2.1.2.6Demand and supply of materials
        2.1.2.7Construction Quality
        2.1.2.8Construction technology
        2.1.2.9Comparability with other building systems
        2.1.2.10Seismic Resilience
        2.1.2.11Fire resistance
        2.1.2.12Wind bracing upgrades
        2.1.2.13Weather Resilience
        2.1.2.14Climate Conditions/Geographical variations
      2.1.3Architectural works/Non-structural works2.1.4.1Consideration of design alternatives
      2.1.4.2Shape of facility
      2.1.4.3Efficiency of materials/equipment
      2.1.4.4Flood mitigation
      2.1.4.5Design efficiency
      2.1.4.6Coastal erosion allowances
      2.1.4.7Insurance premiums for high-risk zones
      2.1.4Services and equipment2.1.5.1Building automation and smart systems
      2.1.5.2Renewable energy system
      2.1.5.3Installation practice/quality
      2.1.5.4Stormwater upgrades
      2.1.5.5Technology depreciation
      2.1.5External and ancillary works2.1.6.1Water management system
      2.1.6.2Building orientation and solar gain
      2.1.6.3Greenstar rating
      2.1.6Preliminaries and constructors' site overheads2.1.7.1Effectiveness of on-site communication and coordination
      2.1.7.2Availability of skilled labour
      2.1.7Risk allowances2.1.8.1Unforeseen circumstances
      2.1.8.2Level of uncertainty
      2.1.8.3Continuity of supply chain
      2.1.8Post-completion loose furniture, fittings, and equipment2.1.9.1Residual value
    2.2Operation Costs2.2.1Cleaning, utilities, waste management2.2.1.1Building occupancy type
    2.2.1.2Occupancy behaviour
    2.2.1.3Estimated annual occupancy hours
    2.2.2Security, ICT, site overheads2.2.2.1Building a security system
    2.2.2.2Health and well-being
    2.2.2.3Acoustic performance
    2.2.3Maintenance and replacement costs2.2.3.1Maintenance frequency
    2.2.3.2Replacement frequency
    2.2.3.3Resistance to wear and tear
    2.2.3.4Building maintenance technologies
    2.2.4Energy and sustainability costs2.2.4.1Energy-saving measures
    2.2.4.2Renewable resources used
    2.2.4.3Environmental cost
    2.2.4.4Carbon sequestration
    2.2.4.5Green Building Certification Cost
    2.3End-of-Life Costs2.3.1Disposal inspection, decommissioning2.3.1.1Environmental impact evaluation
    2.3.1.2Sustainable deconstruction practices
    2.3.2Demolition and reclamation cost2.3.2.1Risk allowances
    2.3.2.2Insurance and risk mitigation
    2.3.3Site reinstatement2.3.3.1Government incentives and subsidies
    2.3.3.2Taxation
3Income    3.0.1Rental Income  
  3.0.2Disposals  
4Externalities    4.0.1Social impact costs4.0.1.1Community displacement
  4.0.1.2Infrastructure burden
  4.0.1.3Public health impacts
  4.0.2User costs4.0.2.1Travel time
    4.0.2.2Accessibility issues
  4.0.2.3Long-term affordability
Source(s): Developed by the authors

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