About the Authors vii Contributors to the Ninth Edition viii Preface to the First Edition ix Preface to the Ninth Edition x Acknowledgements xi Nomenclature and Acronyms xii About the Companion Website xiv INTRODUCTION 1. An Overview of Cost Planning 3 2. Building Information Modelling 13 3. A Three-Stage Cost Planning Strategy 23 PHASE I: COST PLANNING AT THE BRIEFING STAGE 4. Developers? Motivations and Needs 31 5. Client Identification and the Briefing Process: Aligning the Client Need with the Brief and the Budget 39 6. The Economics of Cost Planning: The Time Value of Money and Cash Flow 59 7. Whole Life Planning: The Methodology of Whole Life Cycle Costing and Design for Sustainability 75 8. Construction Procurement and the Relationship with Project Costs 91 PHASE II: COST PLANNING AT THE DESIGN STAGE 9. The Design Process and the Project Life Cycle 109 10. Standard Methods of Cost Modelling in Design 128 11. Cost and Performance Data: Sourcing and Application to the Cost Plan 160 12. Construction Cost Indices 182 13. Cost Planning the Brief 195 14. Cost Planning at the Scheme Design Stage 209 PHASE III: COST PLANNING AND CONTROL AT PRODUCTION AND OPERATIONAL STAGES 15. Planning and Managing Project Resources and Costs 231 16. Resource-Based Cost Models 257 17. Cost Control (1): Final Design and Production Drawing Stage 270 18. Cost Control (2): Real Time 280 19. Cost Planning and Control of Refurbishment, Life Cycle Renewal and Repair Work 300 Appendix: Discounting and interest formulae and tables 307 Index 317
Richard Kirkham is a Lecturer in Engineering Project Management. Prior to his appointment at the University of Manchester, he held the post of Lecturer in Quantity Surveying and Construction Management (Liverpool John Moores University, 2004-2008), Research Officer (School of Industrial and Manufacturing Science, Cranfield University, 2002-2004) and Research Assistant (School of Architecture, University of Liverpool, 2001-2002). He has published widely in the fields of whole life costs, stochastic service life prediction and quantitative techniques in performance measurement, and is co-author of two texts on building/engineering cost modelling. He is scientific secretary of CIB-TG62 Complex Systems and the Built Environment, and co-managing editor of RICS Research Innovation in the Built Environment. In 2005, Dr Kirkham was appointed as Visiting Research Fellow at the University of Liverpool. He is a Fellow of the Royal Statistical Society and immediate past-chair of the Liverpool Centre Chartered Institute of Building.