2015
DOI: 10.12913/22998624/60786
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Analysis of the Increase of Construction Costs in Urban Regeneration Projects

Abstract: The subject of this paper is the analysis and evaluation of the reasons for construction costs increases in urban regeneration projects. The analysis considers major refurbishments of real estates', as well as heavy repair and modernization of the road system. For the period mentioned, the costs from works and expenditure schedules were compared with the costs of additional works, which shows the percentage cost increase in relation to initial project budget assumptions of the case study. The analysis revealed… Show more

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Cited by 16 publications
(7 citation statements)
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“…If the object of the contract is construction of a new or renovation of an existing facility, various options should be analyzed [15], taking into consideration the scope of its impact on the environment (LCA analysis) and the life cycle cost (LCC analysis). The comparison of investment outlays and long-term operational costs gives the client a full picture of the total costs associated with the purchase, maintenance and use of the object.…”
Section: Benefits Of Using Lca and Lcc On An Examplementioning
confidence: 99%
“…If the object of the contract is construction of a new or renovation of an existing facility, various options should be analyzed [15], taking into consideration the scope of its impact on the environment (LCA analysis) and the life cycle cost (LCC analysis). The comparison of investment outlays and long-term operational costs gives the client a full picture of the total costs associated with the purchase, maintenance and use of the object.…”
Section: Benefits Of Using Lca and Lcc On An Examplementioning
confidence: 99%
“…A BBN diagnostic/decision tool allows us to avoid this type of risks by taking into account all available evidence and combining it with the expert knowledge (model). It also enables us to estimate expected value of monitoring data -pre a posteriori analysis [7,8,9].…”
Section: Application Of Bbns To a Tunnel Construction And Operation Pmentioning
confidence: 99%
“…Construction industry is one of the main economic sectors playing an important role in country's economic growth [2,16]. It faced many difficulties due to the impacts of the economic crisis.…”
Section: Introductionmentioning
confidence: 99%