The key to evaluating lifecycle costs
Lifecycle costing (LLC) is an extremely valuable tool for all property owners and design professionals. It conducts a thorough analysis of the facility, effective consumer use, long-term maintenance and environmental sustainability during the pre-design and construction or renovation process. Determining the lifecycle cost analysis of site furnishings helps designers assess the economic consequences of continuing to use existing building space or structural components versus the expense of replacing them with alternatives to offer:
Three recent trends have led to an increased reliance on lifecycle cost analysis for site furnishings. These are facility obsolescence, environmental sustainability and total quality management.
As buildings and facilities age, just like public parks, playgrounds, schools and sidewalks, they fall behind with dated technology and materials. This often creates a run-down or out-of-date environment where people and families don’t want to be. In order to combat this problem, design professionals need to consider innovative alternatives to accommodate for the changing community landscape and standards. LLC helps designers evaluate the consequences and alternatives to withstand inevitable facility obsolescence.
This is a major factor in LLC, as many communities are becoming more cautious of their carbon footprint. In order to facilitate the growing concern, facility owners and designers need to find materials that won’t harm the environment or use an abundance of natural resources. Although the initial price may be high, these products are designed with durability in mind and they require little maintenance.
Total quality management
Combining product quality and effective real-time use, total quality management is extremely people-focused and integral to a successful design. In order to successfully incorporate total quality management into lifecycle costing of site furnishings, you need to evaluate the costs of operations and long-term maintenance.
Anova has several products made from recycled and environmentally friendly materials designed for ease of use and durability. With our help, you’re sure to find the right solutions to satisfy your lifecycle cost analysis of site furnishings.