Value of whole life assessment
Despite some shortcomings, there is real beneﬁt in the assessment of a design in terms of its potential life – it is how we establish this that matters, and once established, what is that value? Value in real net asset terms – value ﬁnancially and value to society as a resource. The key areas affecting value are:
afﬁrmation of the life as designed quality matching design at completion maintenance required potential risk areas potential at life end accuracy of the business model.