Calculating Project Lifecycle Carbon/Cost
With the increasing pressure public agencies are facing to reduce the CO2 emissions and costs of projects, whole life cost performance in strategic procurement is more important than ever. Hatch Mott MacDonald’s LifeCYCLE tool allows you to save substantially on whole life carbon and costs by considering an asset’s future performance at an early stage. The value of using LifeCYCLE is clear – it helps you identify substantial reductions in both CO2 and costs over the whole life of a project, from conception to demolition. It should be an integral part of your project, making it as effective, efficient and enduring as possible.
LifeCYCLE is the industry’s first cost and carbon modeling tool that quantifies the carbon associated with constructing, upgrading and operating assets, and helps planners and designers to substantially reduce it.
What it does:
- Computes capital cost, life cycle cost and CO2 in one calculation
- Calculates alternative scenarios
- Produces output resource, waste and inflation reports
- Produces reports and methodologies to ISO and best practice standards
- Models alternative life spans of a project
- Optimizes specification based on whole life performance
- Adjusts more accurately for time and location
- Models between new build and refurbishment
- Allows for changes in frequency of activities and expenditure profiles
- Models the impact of transporting materials
LifeCYCLE incorporates a massive database of construction materials and elements, and the associated financial and embodied carbon cost. The tool can derive financial costs and embodied carbon for new components, based on information about its production, transport to site and on site processing. It produces reports of annual expenditures, summaries, distribution profiles, cumulative profiles, quantities of resources required, and waste. Reports can also be produced of capital costs, life cycle costs and CO2 at the same time. Data can be changed to align in-built high-level assumptions to the actual project, for example, changes can be made to maintenance frequencies, the resources used, their costs, methods of transport, discounts, waste levels and much more.
