WLCC & Sustainability

What does WLCC stand for in the context of cost planning?

• Whole Life Cost Calculation

• Life Cycle Costing

• Whole Life Cycle Costing

• Whole Life Cost Comparison

Which of the following is NOT considered a non-construction cost in WLCC?

• Relevant tax liabilities

• Maintenance cost

• Rental costs

• Land acquisition

What is the aim of Whole Life Cycle Costing (WLCC) in cost planning?

• To focus on short-term cost savings

• To produce a building with the best value for money

• To minimize operational costs only

• To produce a building with the lowest initial cost

Which of the following is NOT a factor influencing cost planning according to WLCC?

• Risk Management

• Asset Management

• Quality of Building Materials

• Sustainable Development

What does Green Star certification aim to achieve?

• Promoting waste generation

• Decreasing energy efficiency

• Reducing the impact of climate change

• Increasing water consumption

What is the purpose of Cost Value Reconciliation (CVR) in cost planning?

• To delay project completion

• To increase project costs

• To align project costs with value

• To ignore project costs

Which of the following is NOT a category assessed in the Green building certificate?

• Land use and ecology

• Emissions

• Transport

• Quality of Building Materials

What is the main focus of Sustainable Design Practices in cost planning?

• Increasing energy consumption

• Using non-renewable energy sources

• Improving insulation

• Promoting waste generation

What is the primary consideration in comparing Elemental Estimate with Benchmarks in cost planning?

• Operational costs only

• Both initial and user costs

• User costs only

• Initial cost only

What is the main difference between Whole Life Cycle Costing (WLCC) and Life Cycle Costing (LLC)?

• LLC includes non-construction costs

• WLCC and LLC are the same

• LLC focuses only on construction costs

• WLCC considers all costs associated with the life of a building