ABSTRACT
It has long been recognised that to evaluate the costs of buildings on the basis of their initial costs alone is unsatisfactory. Some consideration must also be given to the costs-in-use that will be necessary during the lifetime of the building. The latter factor will be influenced by the type of client and will be a more important consideration to some than to others. For example, developers who construct buildings for sale will be concerned only with future costs-in-use items that may make the project an acceptable proposition for ownership by intending purchasers. Different degrees of importance will therefore be attributed to costs-in-use factors depending on whether the project is to be constructed for sale, lease or owner-occupation.
