ECONOMIC AND FINANCIAL ANALYSIS DURING THE LIFE CYCLE OF BUILDINGS IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT

In the built environment, the sustainability assessment covers the stages of a building’s life cycle, namely: material production, construction, operation, maintenance, demolition and disposal. Taking into account the fact that in the current conditions, in a modern society, without no doubt, a lo...

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Main Author: CARAIMAN ADRIAN-COSMIN
Format: Article
Language:English
Published: Academica Brâncuşi 2022-08-01
Series:Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
Subjects:
Online Access:https://www.utgjiu.ro/revista/ec/pdf/2022-04/14_Caraiman1.pdf
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author CARAIMAN ADRIAN-COSMIN
author_facet CARAIMAN ADRIAN-COSMIN
author_sort CARAIMAN ADRIAN-COSMIN
collection DOAJ
description In the built environment, the sustainability assessment covers the stages of a building’s life cycle, namely: material production, construction, operation, maintenance, demolition and disposal. Taking into account the fact that in the current conditions, in a modern society, without no doubt, a long term perspective is needed, in these conditions the long term assessment takes into account all the stages that lead from raw materials, through production, distribution and use to the final disposal. Life cycle assessment (LCA) and life-cycle analysis (LCCA) instruments do not include the social dimension in sustainability assessment. Because of this limitation, the Social life cycle assessment (SLCA) method has recently emerged as a methodological approach aimed at assessing social aspects throughout the life cycle of a product. Generally speaking, Social Life Cycle Assessment (SLCA) provides a holistic, systemic and rigorous instrument for understanding the social problems that may arise in the value chains of products and services that support human life today. On the other hand, the Life Cycle Cost Analysis (LCCA) introduces an economic dimension to the assessment of material performance by calculating the discounted costs of ownership, operation, repairing/maintenance and disposal over the life cycle of the product.
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spelling doaj.art-8848e978576f45a28474218a024409d22022-12-22T03:41:28ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70072022-08-014122136ECONOMIC AND FINANCIAL ANALYSIS DURING THE LIFE CYCLE OF BUILDINGS IN THE CONTEXT OF SUSTAINABLE DEVELOPMENTCARAIMAN ADRIAN-COSMIN0POLITEHNICA UNIVERSITY OF TIMISOARA, TIMISOARA, ROMANIAIn the built environment, the sustainability assessment covers the stages of a building’s life cycle, namely: material production, construction, operation, maintenance, demolition and disposal. Taking into account the fact that in the current conditions, in a modern society, without no doubt, a long term perspective is needed, in these conditions the long term assessment takes into account all the stages that lead from raw materials, through production, distribution and use to the final disposal. Life cycle assessment (LCA) and life-cycle analysis (LCCA) instruments do not include the social dimension in sustainability assessment. Because of this limitation, the Social life cycle assessment (SLCA) method has recently emerged as a methodological approach aimed at assessing social aspects throughout the life cycle of a product. Generally speaking, Social Life Cycle Assessment (SLCA) provides a holistic, systemic and rigorous instrument for understanding the social problems that may arise in the value chains of products and services that support human life today. On the other hand, the Life Cycle Cost Analysis (LCCA) introduces an economic dimension to the assessment of material performance by calculating the discounted costs of ownership, operation, repairing/maintenance and disposal over the life cycle of the product.https://www.utgjiu.ro/revista/ec/pdf/2022-04/14_Caraiman1.pdfsustainable developmentlife cycle costlife cyclesustainable buildingslife cycle assessment
spellingShingle CARAIMAN ADRIAN-COSMIN
ECONOMIC AND FINANCIAL ANALYSIS DURING THE LIFE CYCLE OF BUILDINGS IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
sustainable development
life cycle cost
life cycle
sustainable buildings
life cycle assessment
title ECONOMIC AND FINANCIAL ANALYSIS DURING THE LIFE CYCLE OF BUILDINGS IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT
title_full ECONOMIC AND FINANCIAL ANALYSIS DURING THE LIFE CYCLE OF BUILDINGS IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT
title_fullStr ECONOMIC AND FINANCIAL ANALYSIS DURING THE LIFE CYCLE OF BUILDINGS IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT
title_full_unstemmed ECONOMIC AND FINANCIAL ANALYSIS DURING THE LIFE CYCLE OF BUILDINGS IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT
title_short ECONOMIC AND FINANCIAL ANALYSIS DURING THE LIFE CYCLE OF BUILDINGS IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT
title_sort economic and financial analysis during the life cycle of buildings in the context of sustainable development
topic sustainable development
life cycle cost
life cycle
sustainable buildings
life cycle assessment
url https://www.utgjiu.ro/revista/ec/pdf/2022-04/14_Caraiman1.pdf
work_keys_str_mv AT caraimanadriancosmin economicandfinancialanalysisduringthelifecycleofbuildingsinthecontextofsustainabledevelopment