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Whole Life Performance, Theory, Practice and Latest Developments Kim Newman –  Managing Director PML (Programme Management) Ltd BSc MCIPS MBIFM MCMI
[object Object],[object Object],[object Object],[object Object],[object Object],Whole Life Performance
Roles and ownership ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Who should manage the Whole Life Performance process?
Who gets involved and when? SPV Funders Facilities Manager QS Designers Project Manager Client Concession Contractual/ Financial Close ITN/ BAFO ISOP/ ITN Inception/ Feasibilty
Why consider the long term? ,[object Object],[object Object],[object Object]
Savings through Whole Life Costing
Who has a long term interest? Consortium Shareholders Funders Construction Management Facilities Management Specialist Advisors Estates Management Subcontracts Subcontracts Long term Interests
Design in Tension ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Design in Tension ,[object Object],[object Object],[object Object],[object Object],[object Object]
The ‘Whole Life’ approach... ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Design for tomorrow.. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Think ‘user’….think ‘life’ ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What are the risks? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Whole Life Costs and performance flow from design decisions - not just cost analysis
[object Object],Whole Life Cycle Design and Management WHOLE LIFE PERFORMANCE Detailing (how incorporated in building) Deterioration agents Maintenance (type, frequency) Environment (macro/micro, climate) Quality of component (spec & detailing) Storage (on site prior to  installation) Workmanship (how well installed in building) Interfaces (between components )
Whole Life Cycle Design and Management ,[object Object],[object Object],[object Object],[object Object]
What are Whole Life Costs?
Total cost of ownership? Consideration of the total cost of ownership from inception to decommissioning and disposal of an asset.
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Methods of prediction
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Factors affecting data accuracy
Typical Whole Life Cost Plan
Typical Whole Life Cost Plan
Empirical data
[object Object],[object Object],[object Object],Risk Management
Risk Modelling
Asset Life Vs Probability
[object Object],[object Object],[object Object],[object Object],Latest Developments
Whole Life Cycle Fund Management Model Budgeted  Cost Optimum Cost  Comparator Existing Life  Cycle Fund Data  gathering Technical  Audit/ Commercial  Analysis Statistical  modelling Service  Improvements/ Insurance  Routes Contract  Management/ Performance  Monitoring Know-How Scenario testing RISK MANAGEMENT INFORMATION FLOWS CONTROL MECHANISMS Systems People REALITY GAP
Summary ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Questions ?? ,[object Object]

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Whole life performance lecture south bank university

  • 1. Whole Life Performance, Theory, Practice and Latest Developments Kim Newman – Managing Director PML (Programme Management) Ltd BSc MCIPS MBIFM MCMI
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  • 5. Who gets involved and when? SPV Funders Facilities Manager QS Designers Project Manager Client Concession Contractual/ Financial Close ITN/ BAFO ISOP/ ITN Inception/ Feasibilty
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  • 7. Savings through Whole Life Costing
  • 8. Who has a long term interest? Consortium Shareholders Funders Construction Management Facilities Management Specialist Advisors Estates Management Subcontracts Subcontracts Long term Interests
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  • 17. What are Whole Life Costs?
  • 18. Total cost of ownership? Consideration of the total cost of ownership from inception to decommissioning and disposal of an asset.
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  • 21. Typical Whole Life Cost Plan
  • 22. Typical Whole Life Cost Plan
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  • 26. Asset Life Vs Probability
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  • 28. Whole Life Cycle Fund Management Model Budgeted Cost Optimum Cost Comparator Existing Life Cycle Fund Data gathering Technical Audit/ Commercial Analysis Statistical modelling Service Improvements/ Insurance Routes Contract Management/ Performance Monitoring Know-How Scenario testing RISK MANAGEMENT INFORMATION FLOWS CONTROL MECHANISMS Systems People REALITY GAP
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