Project-Oriented Life-Cycle Costing Workshop for Energy Conservation in Buildings

摘要

The workshop begins with a review of the LCC principles that are the subject of the Basic LCC Workshop. The elements of performing a life-cycle cost evaluation are explained. Emphasis is placed on clarifying those issues that often confuse practitioners. Issues include why it is necessary to adjust cash flows for the time-value of money and how to do it, how to estimate costs and savings, and how to handle inflation. Students are shown, step-by-step, how to compute Life-Cycle Costs, Net Savings, and the Savings-to-Investment Ratio. Federal criteria for performing economic evaluations of energy-related building projects are presented. The NIS LCC software is introduced with focus on the windowed version BLCC5. The course uses BLCC5 examples to address specific topics of interest to LCC practitioners. The issue of uncertainty is discussed and guidance is given on how to deal with it in an LCC analysis. Exercises are provided on each topic, to be solved by student teams.