University Library
  • Login
A gateway to Melbourne's research publications
Minerva Access is the University's Institutional Repository. It aims to collect, preserve, and showcase the intellectual output of staff and students of the University of Melbourne for a global audience.
View Item 
  • Minerva Access
  • Architecture, Building and Planning
  • Architecture, Building and Planning - Research Publications
  • View Item
  • Minerva Access
  • Architecture, Building and Planning
  • Architecture, Building and Planning - Research Publications
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

    Using early-stage assessment to reduce the financial risks and perceived barriers of sustainable buildings

    Thumbnail
    Citations
    Scopus
    Web of Science
    Altmetric
    6
    5
    Author
    Ranaweera, RAAD; Crawford, RH
    Date
    2010
    Source Title
    Journal of Green Building
    Publisher
    College Publishing
    University of Melbourne Author/s
    Crawford, Robert; RANAWEERA, R A AMALI DHARSHANI
    Affiliation
    Architecture, Building and Planning
    Metadata
    Show full item record
    Document Type
    Journal Article
    Citations
    Ranaweera, R. A. A. D. & Crawford, R. H. (2010). Using early-stage assessment to reduce the financial risks and perceived barriers of sustainable buildings. Journal of Green Building, 5 (2), pp.129-146. https://doi.org/10.3992/jgb.5.2.129.
    Access Status
    This item is currently not available from this repository
    URI
    http://hdl.handle.net/11343/30006
    DOI
    10.3992/jgb.5.2.129
    Abstract
    <jats:p>For sustainable buildings to become mainstream they must demonstrate not only improved environmental performance but also financial performance, benefiting both end users and investors. The perceived financial constraints and risks are often major barriers to sustainable design. This paper discusses the application of a new tool that formalizes the traditionally intuitive-based early-stage decision making processes and assesses the potential for creating a financially feasible best-practice sustainable building across a range of environmental, social and economic parameters, using the limited data available at the outset of a project. It considers the total cost of ownership, demonstrating the link between the recurrent and capital costs. A detailed feasibility assessment of those areas where greatest potential for improving environmental and financial performance exists can then be carried out, saving a considerable amount of time, money and effort otherwise spent on looking at all possible strategies for achieving a sustainable outcome. This approach also identifies areas where incorporating environmental strategies might be financially risky, reassuring investors and developers by reducing investment risks. By reducing some of these risks and perceived barriers to sustainable building development, it is hoped that clients and investors will be further encouraged to adopt a more sustainable approach to their building projects.</jats:p>
    Keywords
    Building

    Export Reference in RIS Format     

    Endnote

    • Click on "Export Reference in RIS Format" and choose "open with... Endnote".

    Refworks

    • Click on "Export Reference in RIS Format". Login to Refworks, go to References => Import References


    Collections
    • Minerva Elements Records [53102]
    • Architecture, Building and Planning - Research Publications [1143]
    Minerva AccessDepositing Your Work (for University of Melbourne Staff and Students)NewsFAQs

    BrowseCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects
    My AccountLoginRegister
    StatisticsMost Popular ItemsStatistics by CountryMost Popular Authors