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Carrillo, P (2004) Managing knowledge: lessons from the oil and gas sector. Construction Management and Economics, 22(06), 631-42.

Chew, M Y L, Silva, N D and Tan, S S (2004) A neural network approach to assessing building façade maintainability in the tropics. Construction Management and Economics, 22(06), 581-94.

Ho, M-F, Drew, D, McGeorge, D and Loosemore, M (2004) Implementing corporate ethics management and its comparison with the safety management system: a case study in Hong Kong. Construction Management and Economics, 22(06), 595-606.

Johnstone, I M (2004) Development of a model to estimate the benefit-cost ratio performance of housing. Construction Management and Economics, 22(06), 607-17.

  • Type: Journal Article
  • Keywords: sustainability; housing stock; simulation model; benefit-cost ratio
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/0144619042000202825
  • Abstract:

    A simulation model based on classical population dynamics is developed to estimate the benefit-cost ratio performance of different typologies of housing with the purpose of identifying potential reductions in the total costs and hence resources used to sustain housing. A typical New Zealand dwelling constructed of lightweight timber framing is used as an example. Dwellings within the simulation model undergo periodic cycles of refurbishment based on best practices. When the simulated housing stock expands at the rate of 1.5% per year, an annual expenditure equivalent to the costs to construct one dwelling sustains the services provided by 26.7 dwellings after adjustment for economic depreciation. This benefit-cost ratio performance improves by 32.4% when the housing stock is stationary. Further improvements of 5.3% can be achieved by deferring refurbishment and accepting a higher level of economic depreciation of dwelling services. The results of all scenarios indicate that structural systems with a service life of only 50 years should not be used unless the costs of such systems are substantially less than the costs of traditional structural systems and that lightweight timber framed dwellings should not be sustained well beyond a service life of 90 years.

Lowe, D J and Parvar, J (2004) A logistic regression approach to modelling the contractor's decision to bid. Construction Management and Economics, 22(06), 643-53.

Rooke, J, Seymour, D and Fellows, R (2004) Planning for claims: an ethnography of industry culture. Construction Management and Economics, 22(06), 655-62.

Trigunarsyah, B (2004) A review of current practice in constructability improvement: case studies on construction projects in Indonesia. Construction Management and Economics, 22(06), 567–80-.

Wong, E O W and Yip, R C P (2004) Promoting sustainable construction waste management in Hong Kong. Construction Management and Economics, 22(06), 563-6.

Yang, I-T and Ioannou, P G (2004) Scheduling system with focus on practical concerns in repetitive projects. Construction Management and Economics, 22(06), 619-30.