Building Economics: Theory and Practice

  • Authors
  • Rosalie T. Ruegg
  • Harold E. Marshall

Table of contents

  1. Front Matter
    Pages i-xv
  2. Methods of Economic Evaluation

    1. Front Matter
      Pages 1-1
    2. Rosalie T. Ruegg, Harold E. Marshall
      Pages 3-15
    3. Rosalie T. Ruegg, Harold E. Marshall
      Pages 16-33
    4. Rosalie T. Ruegg, Harold E. Marshall
      Pages 34-47
    5. Rosalie T. Ruegg, Harold E. Marshall
      Pages 48-66
    6. Rosalie T. Ruegg, Harold E. Marshall
      Pages 67-78
    7. Rosalie T. Ruegg, Harold E. Marshall
      Pages 79-91
    8. Rosalie T. Ruegg, Harold E. Marshall
      Pages 92-104
  3. What You Need to Know to Apply the Methods

    1. Front Matter
      Pages 105-105
    2. Rosalie T. Ruegg, Harold E. Marshall
      Pages 107-133
    3. Rosalie T. Ruegg, Harold E. Marshall
      Pages 134-146
    4. Rosalie T. Ruegg, Harold E. Marshall
      Pages 147-152
    5. Rosalie T. Ruegg, Harold E. Marshall
      Pages 153-167
    6. Rosalie T. Ruegg, Harold E. Marshall
      Pages 168-185
    7. Rosalie T. Ruegg, Harold E. Marshall
      Pages 186-200
  4. Techniques for Treating Uncertainty and Risk

    1. Front Matter
      Pages 201-201
    2. Rosalie T. Ruegg, Harold E. Marshall
      Pages 203-215
    3. Rosalie T. Ruegg, Harold E. Marshall
      Pages 216-225
    4. Rosalie T. Ruegg, Harold E. Marshall
      Pages 226-232

About this book

Introduction

We no longer build buildings like we used to nor do we pay for them in the same way. Buildings today are no longer only shelter but are also life support systems, communication terminals, data manufacturing centers, and much more. Buildings are incredibly expensive tools that must be constantly adjusted to function efficiently. The economics of building has become as complex as its design. When buildings were shelter they lasted longer than their builders. The av­ erage gothic master mason lived 35 or 40 years. Cathedrals took 3 or 4 hundred years to build. Cost estimates were verified by great great grandchildren of the original designer. Today, creative economics has become as important as creative design and creative building. The dient brings builder, contractor, architect, and facilities manager to account in their life time. The cost of building can therefore no longer be left to chance or act of god. Solutions are no longer as ingeniously simple as those proposed by a Flor­ entine builder early in the 15th century. He proposed to center the dome of S. Maria deI Fiore on a great mound of earth mixed with pennies. When the job was done street urchins would carry away the dirt in their search for the pennies. This was a serious suggestion offered by an early construction manager before Brunelleschi solved the problem more sensibly.

Keywords

Terminal communication construction contract design manufacturing simulation uncertainty

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-4757-4688-4
  • Copyright Information Springer-Verlag US 1990
  • Publisher Name Springer, Boston, MA
  • eBook Packages Springer Book Archive
  • Print ISBN 978-1-4757-4690-7
  • Online ISBN 978-1-4757-4688-4
  • About this book