What is BS EN 16627 - Assessment of economic performance of buildings about?
BS EN 16627 specifies the calculation methods, based on Life Cycle Costing (LCC) and other quantified economic information, to assess the economic performance of a building, and gives the means for the reporting and communication of the outcome of the assessment.
BS EN 16627 is applicable to new and existing buildings and refurbishment projects.
The approach to the assessment covers all stages of the building life cycle and includes all building related construction products, processes and services, used over the life cycle of the building.
Note: The interpretation and value judgments of the results of the assessment are not within the scope of BS EN 16627.
Who is BS EN 16627 - Assessment of economic performance of buildings for?
BS EN 16627 on the sustainability of construction works is useful for:
- Architects
- Real estate developers
- Civil engineers
- Construction industries
- Regulatory authorities
Why should you use BS EN 16627 - Assessment of economic performance of buildings?
BS EN 16627 describes the methods and the rules for calculating the cash flows over the life cycle of buildings, with an emphasis on the field of life cycle costing.
BS EN 16627 specifies:
- The description of the object of assessment
- The system boundary that applies at the building level
- The scope and procedure to be used for the analysis
- The list of indicators and procedures for the calculations of these indicators
- The requirements for the presentation of the results in reporting and communication
- And the requirements for the data necessary for the calculation
Overall, BS EN 16627 assist you with the decision-making process and documentation of the assessment of the economic performance of a building.