Stanford University has a long history of designing and constructing quality building projects. In continuing this tradition, Stanford seeks to ensure that new and renovated buildings meet student, staff, and faculty needs as effectively and efficiently as possible. To this end, Stanford’s Department of Land and Buildings has outlined a thorough Project Delivery Process (PDP) that addresses all aspects of planning, budgeting, design, and construction.
The Investment Long View with the Life-cycle Cost Benefit Tool
Dear Reader: It’s not uncommon for the primary metric, when determining a go/no go decision, to be Simple Payback, which, simply put, is the total…