Multiple criteria analysis of the life cycle of the built environment

Abstract

Therefore, it is considered that the efficiency of a built environment life cycle depends on the rationality of its stages as well as on the ability to satisfy the needs of the stakeholders and the rational character of environment conditions. Formalized presentation of the research shows how changes in the environment and the extent to which the goals pursued by various stakeholders are satisfied cause corresponding changes in the value and utility degree of a built environment life cycle. With this in mind, it is possible to solve the problem of optimization concerning satisfaction of the needs at reasonable expenditures. This requires the analysis of the built environment life cycle versions allowing to find an optimal combination of goals pursued and finances available. References to the most modern world scientific literature sources are presented in the monograph. The monograph is prepared for the researchers, MSc and PhD students of civil engineering, construction management and real estate development. The book may be useful for other researchers, MSc and PhD students of economics, management and other specialities.