Complexity of Value Creation in Sustainable Building Design (SBD) | Zendy

Ali Vakili-Ardebili | Zendy

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Complexity of Value Creation in Sustainable Building Design (SBD)

Author(s) -

Ali Vakili-Ardebili

Publication year - 2007

Publication title -

journal of green building

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.248

H-Index - 21

eISSN - 1943-4618

pISSN - 1552-6100

DOI - 10.3992/jgb.2.4.171

Subject(s) - process (computing) , value creation , value (mathematics) , sustainable value , asset (computer security) , maximization , order (exchange) , computer science , process management , sustainable development , design process , management science , architectural engineering , risk analysis (engineering) , sustainability , engineering , knowledge management , business , work in process , operations management , economics , microeconomics , ecology , computer security , finance , machine learning , law , political science , biology , operating system

Value creation is a significant part of the sustainable building process. To understand the process of value creation, this paper identifies a number of important issues. First, the paper addresses the existence of and identifies reasons for complexity in the process of value creation over a whole lifecycle (WLC). Then, a conceptual framework model is developed and adapted to the WLC in order to monitor building process stages and intervals. Next, the concepts and strategies leading to WLC value maximization are addressed. Finally, a conceptual WLC value creation model is proposed that is based on sustainable building process stages and building asset stakeholders' benefits. The paper indicates how value created is an accumulation of values acquired through various operations over the building WLC.

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