Project life cycle economics : [electronic resource] cost estimation, management and effectiveness in construction projects / Edited by Massimo Pica.

The essence of project management and its challenges -- Project management, projects and their life cycles : historical views -- Projects and their life cycles : some current views -- Introduction to project life cycle cost, schedule and requirements management -- Initiating the project -- Estimating and budgeting for project activities : project work breakdown structures and cost breakdown structures -- Developing and managing the project schedule -- Resource issues in schedule management -- Measuring, monitoring and controlling the project performance -- The percentage of completion as a metric of project control. concepts and calculation methods -- Project change management -- Project closeout and lessons learned -- Human factors in project life cycle economics -- Planning for the project life cycle of constructions and facilities -- Fundamentals of construction economics -- Identifying cost and life expectancy information -- The evolution of construction cost estimation and project management -- Environmental impact and lifetime cost effective sustainability of constructed assets -- Value for money assessment in construction projects : economic effects of PPP/PFI in projects -- Driving towards successful progress and delivery of construction projects -- Construction project monitoring in complex contexts.

The financing of modern construction projects reflects the need to address the costs and benefits of the whole life of the project. This means that end of life economics can now have a far greater impact on the planning and feasibility phases. During the project itself, decisions on construction materials and processes all influence the schedule as well as both immediate and down-the-line costs. This book explains in detail the fundamentals of project life cycle economics and how they apply in the context of complex modern construction. It is an essential guide for those involved in construction project design, tendering and contracting; to help ensure the sustainability of the project or their contribution to it, from the start. It is also important for those involved in the delivery of the project to help them make the choices to keep the project on a financial even keel.