Modelling maintenance costs of buildings under warranty
An essential link in building construction is maintenance under warranty. It is hardly possible to predict now how the cost and time of building construction will affect maintenance costs and alternations during this period. A correlation regression analysis has shown that the higher is the cost...
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| Format: | Article |
| Language: | English |
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Vilnius Gediminas Technical University
2004-03-01
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| Series: | Technological and Economic Development of Economy |
| Subjects: | |
| Online Access: | http://localhost/journals.vgtu.lt/index.php/TEDE/article/view/8663 |
| _version_ | 1818565114321698816 |
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| author | Romualdas GineviÄius Algirdas AndruÅ¡keviÄius |
| author_facet | Romualdas GineviÄius Algirdas AndruÅ¡keviÄius |
| author_sort | Romualdas GineviÄius |
| collection | DOAJ |
| description | An essential link in building construction is maintenance under warranty. It is hardly possible to predict now how the cost and time of building construction will affect maintenance costs and alternations during this period.
A correlation regression analysis has shown that the higher is the cost of the project, the higher the expenses, while the longer the time of the contract, the lower the costs. The total effect of the size and time of the project on the maintenance costs is positive implying that the higher they are, the greater are the expenses.
Expenses under warranty spread parabolically, i. e. they are the highest at the beginning and at the end of the considered period and the lowest in the middle of the time.
The cost and duration of a building contract has no direct impact on the distribution of building maintenance costs during the period under warranty.
First Published Online: 21 Oct 2010 |
| first_indexed | 2024-12-14T01:37:04Z |
| format | Article |
| id | doaj.art-06fcf0feab9c490ba0bd87511b99d38e |
| institution | Directory Open Access Journal |
| issn | 2029-4913 2029-4921 |
| language | English |
| last_indexed | 2024-12-14T01:37:04Z |
| publishDate | 2004-03-01 |
| publisher | Vilnius Gediminas Technical University |
| record_format | Article |
| series | Technological and Economic Development of Economy |
| spelling | doaj.art-06fcf0feab9c490ba0bd87511b99d38e2022-12-21T23:21:51ZengVilnius Gediminas Technical UniversityTechnological and Economic Development of Economy2029-49132029-49212004-03-0110110.3846/13928619.2004.9637648Modelling maintenance costs of buildings under warrantyRomualdas GineviÄius0Algirdas AndruÅ¡keviÄius1Doctor Habil, Professor, Rector of Vilnius Gediminas Technical University (VGTU) , Sauletekio al. 11, Vilniusâ€40, LTâ€10223, LithuaniaDoctor, Dept of Building Technology and Management , Vilnius Gediminas Technical University , Sauletekio al. 11, Vilniusâ€40, LTâ€10223, LithuaniaAn essential link in building construction is maintenance under warranty. It is hardly possible to predict now how the cost and time of building construction will affect maintenance costs and alternations during this period. A correlation regression analysis has shown that the higher is the cost of the project, the higher the expenses, while the longer the time of the contract, the lower the costs. The total effect of the size and time of the project on the maintenance costs is positive implying that the higher they are, the greater are the expenses. Expenses under warranty spread parabolically, i. e. they are the highest at the beginning and at the end of the considered period and the lowest in the middle of the time. The cost and duration of a building contract has no direct impact on the distribution of building maintenance costs during the period under warranty. First Published Online: 21 Oct 2010http://localhost/journals.vgtu.lt/index.php/TEDE/article/view/8663- |
| spellingShingle | Romualdas GineviÄius Algirdas AndruÅ¡keviÄius Modelling maintenance costs of buildings under warranty Technological and Economic Development of Economy - |
| title | Modelling maintenance costs of buildings under warranty |
| title_full | Modelling maintenance costs of buildings under warranty |
| title_fullStr | Modelling maintenance costs of buildings under warranty |
| title_full_unstemmed | Modelling maintenance costs of buildings under warranty |
| title_short | Modelling maintenance costs of buildings under warranty |
| title_sort | modelling maintenance costs of buildings under warranty |
| topic | - |
| url | http://localhost/journals.vgtu.lt/index.php/TEDE/article/view/8663 |
| work_keys_str_mv | AT romualdasgineviaius modellingmaintenancecostsofbuildingsunderwarranty AT algirdasandruakeviaius modellingmaintenancecostsofbuildingsunderwarranty |