%0 Journal Article
	%A M. Arja and  G. Sauce and  B. Souyri
	%D 2010
	%J International Journal of Economics and Management Engineering
	%B World Academy of Science, Engineering and Technology
	%I Open Science Index 44, 2010
	%T Integrating Life Cycle Uncertainties for Evaluating a Building Overall Cost
	%U https://publications.waset.org/pdf/13421
	%V 44
	%X Overall cost is a significant consideration in any
decision-making process. Although many studies were carried out on
overall cost in construction, little has treated the uncertainties of real
life cycle development. On the basis of several case studies, a
feedback process was performed on the historical data of studied
buildings. This process enabled to identify some factors causing
uncertainty during the operational period. As a result, the research
proposes a new method for assessing the overall cost during a part of
the building-s life cycle taking account of the building actual value,
its end-of-life value and the influence of the identified life cycle
uncertainty factors. The findings are a step towards a higher level of
reliability in overall cost evaluation taking account of some usually
unexpected uncertainty factors.
	%P 1924 - 1927