Making better decisions about built assets

Research output: Chapter in Book/Report/Conference proceedingConference contributionResearchpeer-review

Abstract

Arguably the most important question currently facing the Australian built environment professions concerns how to make better decisions that are feasible, sustainable and in the national interest. This paper describes emerging and ongoing research using a unique multi-criteria decision analysis support model coupled with an adaptive management (or 'learning by doing') approach. The researchers are retrospectively analysing existing Australian commercial buildings to identify potential changes to the original decision-making process in the light of overall evidenced performance. The findings will provide new knowledge about the interaction of economic, social and environmental criteria in practice; so critical to the continuous improvement and value of our built asset stock. This research will assist the built environment professions and their clients to make better decisions about new developments and how to better manage existing ones over their full lifecycle. Used successfully in other fields such as natural resource management, a 'learning by doing'methodology will capitalize on the large number of asset investments undertaken to benchmark original stakeholder intentions and aspirations against the reality of current performance. Decisions will be re-evaluated in the context of contemporary economic, social and environmental criteria to enable existing multi-criteria models to deliver more sustainable outcomes that are also feasible and in the national interest, and consequently minimize the industry's current exposure to future climate change.
Original languageEnglish
Title of host publicationProceedings W070 - Special track: Facilities management and maintenance
Subtitle of host publication18th CIB World Building Congress
EditorsP. Barrett, D. Amaratunga, R. Haigh, C. Pathirage
Place of PublicationRotterdam, The Netherlands
PublisherCIB Publications
Pages96-111
Number of pages16
Publication statusPublished - 2010
EventCIB World Building Congress: Building a Better World - The Lowry, Salford Quays, United Kingdom
Duration: 10 May 201013 May 2010
Conference number: 18th
http://www.salford.ac.uk/built-environment/research/research-centres/disaster-resilience/conferences/cib-world-congress-2010-building-a-better-world

Conference

ConferenceCIB World Building Congress
CountryUnited Kingdom
CitySalford Quays
Period10/05/1013/05/10
Internet address

Fingerprint

Assets
Decision making
Built environment
Learning-by-doing
Environmental economics
Methodology
Natural resource management
Multi-criteria
Benchmark
Interaction
Multi-criteria decision analysis
Continuous improvement
Aspiration
Decision-making process
Life cycle
Climate change
Stakeholders
Adaptive management
Industry

Cite this

Langston, C. A., & Smith, J. (2010). Making better decisions about built assets. In P. Barrett, D. Amaratunga, R. Haigh, & C. Pathirage (Eds.), Proceedings W070 - Special track: Facilities management and maintenance: 18th CIB World Building Congress (pp. 96-111). Rotterdam, The Netherlands: CIB Publications.
Langston, Craig Ashley ; Smith, Jim . / Making better decisions about built assets. Proceedings W070 - Special track: Facilities management and maintenance: 18th CIB World Building Congress. editor / P. Barrett ; D. Amaratunga ; R. Haigh ; C. Pathirage. Rotterdam, The Netherlands : CIB Publications, 2010. pp. 96-111
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Langston, CA & Smith, J 2010, Making better decisions about built assets. in P Barrett, D Amaratunga, R Haigh & C Pathirage (eds), Proceedings W070 - Special track: Facilities management and maintenance: 18th CIB World Building Congress. CIB Publications, Rotterdam, The Netherlands, pp. 96-111, CIB World Building Congress, Salford Quays, United Kingdom, 10/05/10.

Making better decisions about built assets. / Langston, Craig Ashley; Smith, Jim .

Proceedings W070 - Special track: Facilities management and maintenance: 18th CIB World Building Congress. ed. / P. Barrett; D. Amaratunga; R. Haigh; C. Pathirage. Rotterdam, The Netherlands : CIB Publications, 2010. p. 96-111.

Research output: Chapter in Book/Report/Conference proceedingConference contributionResearchpeer-review

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Langston CA, Smith J. Making better decisions about built assets. In Barrett P, Amaratunga D, Haigh R, Pathirage C, editors, Proceedings W070 - Special track: Facilities management and maintenance: 18th CIB World Building Congress. Rotterdam, The Netherlands: CIB Publications. 2010. p. 96-111