Whole life cycle costing for sustainable facility management

Khiyon, N. A. (2017) Whole life cycle costing for sustainable facility management. In: 21st Annual Pacific Association of Quantity Surveyors Congress, pp. 181-190.

Abstract/Summary

Buildings are long term investment and associated with environmental concerns over its life span. Thus, more projects have been procured using Public Private Partnership and Private Finance Initiatives (PPP/PFI). Likewise, in Malaysia, PPP/PFI projects are escalating which render the importance of Whole Life Cycle Costing (WLCC) and sustainable facility management. However, PPP/PFI projects in Malaysia are still young and tend to focus more on the value for money rather than its environmental impacts. The research seeks to examine the importance of WLCC for SFM as well as to investigate the barriers and drivers of SFM of PPP/PFI projects in Malaysia. Quantitative approach is adopted and questionnaires are distributed to all members of Malaysian Association of Facility Management (MAFM) accordingly. Collected data is analysed by means of Severity Index (SI) and Relative Importance Index (RII). Findings revealed that lack of guidance documentation is the main barrier while the reduction of life cycle costing is regarded as the main driver of SFM for PPP/PFI projects in Malaysia. This research recommends that further research is essential in order to integrate WLCC and SFM for PPP/PFI projects in Malaysia so that not only value for money projects can be achieved but also sustainable projects.