Work

The Implementation Factors of Information and Communication Technology in the Life Cycle Costs of Buildings

Year: 2021

Type: article

Abstract: Life cycle cost management is an integral part of buildings construction. The life cycle cost approach can be considered an objective approach because it considers all life cycles of buildings. Information and communication technology is one of the critical factors for the success of construction projects. Several studies point to the importance of information and communication technology use in life cycle cost management. Generally, information and communication technology can be helpful in the cost management process of buildings. However, few implementation factors of information and communication technology are used in the life cycle cost management of buildings. The research assumes that the most critical implementation factor is the investment cost for information and communication technologies used in cost management during the life cycle. The relative importance index method was used to evaluate and quantify the final rank of implementation factors. The Kruskal–Wallis test was used to confirm or reject research results that were statistically significant.

Source: Applied Sciences

DOI: 10.3390/app11072934

Authors: Peter Mésároš, Tomáš Mandičák, Marcela Spišáková, Annamária Behúnová, Marcel Behún

Institution: Technical University of Košice

Language: English

Topic: Life Cycle Costing Analysis

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: gold

Estimated APC paid: $2,160