Building Economics: Theory and Practice

Building Economics: Theory and Practice

Author: Rosalie Ruegg

Publisher: Springer Science & Business Media

Published: 2013-11-11

Total Pages: 492

ISBN-13: 1475746881

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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.


Building the New Economy

Building the New Economy

Author: Alex Pentland

Publisher: MIT Press

Published: 2021-10-12

Total Pages: 475

ISBN-13: 026254315X

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How to empower people and communities with user-centric data ownership, transparent and accountable algorithms, and secure digital transaction systems. Data is now central to the economy, government, and health systems—so why are data and the AI systems that interpret the data in the hands of so few people? Building the New Economy calls for us to reinvent the ways that data and artificial intelligence are used in civic and government systems. Arguing that we need to think about data as a new type of capital, the authors show that the use of data trusts and distributed ledgers can empower people and communities with user-centric data ownership, transparent and accountable algorithms, machine learning fairness principles and methodologies, and secure digital transaction systems. It’s well known that social media generate disinformation and that mobile phone tracking apps threaten privacy. But these same technologies may also enable the creation of more agile systems in which power and decision-making are distributed among stakeholders rather than concentrated in a few hands. Offering both big ideas and detailed blueprints, the authors describe such key building blocks as data cooperatives, tokenized funding mechanisms, and tradecoin architecture. They also discuss technical issues, including how to build an ecosystem of trusted data, the implementation of digital currencies, and interoperability, and consider the evolution of computational law systems.


Building Economics

Building Economics

Author: Ivor H. Seeley

Publisher: Bloomsbury Publishing

Published: 1996-11-11

Total Pages: 520

ISBN-13: 134913757X

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This comprehensively rewritten, updated and extended new edition of this established text focuses on what has become the most important single facet of the quantity surveyor's role - cost management. The scope of the book has been broadened to take account of the widening and more sophisticated cost management and control service that clients now require. The book examines the factors influencing building costs and how the precontract costs can be estimated, analysed and controlled, to ensure that buildings can be completed within the agreed budget and timescale, and be of acceptable quality, function effectively and provide value for money. A new chapter on value management has been added, together with an introductory chapter on cost modelling; the chapter on life cycling costing is extended, while the sections on energy conservation and occupancy costs are expanded. Throughout the text many new case studies, with supporting tables and diagrams, are included in order to enhance the value of this book to the student and the practitioner.


Construction Economics

Construction Economics

Author: Danny Myers

Publisher: Taylor & Francis

Published: 2004

Total Pages: 300

ISBN-13: 9780415286398

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Students across a wide range of disciplines, ranging from construction management and construction engineering through to architecture, property and surveying should find this an invaluable textbook.


Design and the Economics of Building

Design and the Economics of Building

Author: D. Jaggar

Publisher: Taylor & Francis

Published: 2003-09-02

Total Pages: 407

ISBN-13: 1135823782

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A textbook on design economics for students of architecture, building and quantity surveying, it examines the links between design and the costs of building as well as more general economic issues and their significance for designers and builders.


The Economics of Building

The Economics of Building

Author: Robert E. Johnson

Publisher: John Wiley & Sons

Published: 1991-01-16

Total Pages: 268

ISBN-13: 9780471622017

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Both an introduction to economic principles as they relate to building design and a practical guide to putting these principles to effective use. It brings together a variety of specialized topics relevant to building economics, including cost estimating, life cycle costing, cost indexes, capital budgeting, decision analysis, and real estate feasibility analysis. Develops these concepts within the framework of an integrated approach to design and management decision-making, simplifying where appropriate, but never at the expense of intellectual content. Incorporating a number of sample spreadsheet models, The Economics of Building is a practical resource and guide to the financial assessment of planning, design, and management decisions about buildings.