Measuring the actual energy cost performance of green buildings: a test of the earned value management approach

Reduced energy consumption is a key aspect of the green building. Nonetheless, research indicates that there is a performance gap between the predicted and the actual energy performance once buildings are occupied, which implies a cost deviation from the anticipated energy cost performance. However,...

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Main Authors: Dwaikat, L. N., Ali, K. N.
Format: Article
Language:English
Published: MDPI AG 2016
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Online Access:http://eprints.utm.my/id/eprint/73745/1/LuayN2016_MeasuringtheActualEnergyCostPerformance.pdf
http://eprints.utm.my/id/eprint/73745/
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spelling my.utm.737452017-11-18T03:57:13Z http://eprints.utm.my/id/eprint/73745/ Measuring the actual energy cost performance of green buildings: a test of the earned value management approach Dwaikat, L. N. Ali, K. N. HT Communities. Classes. Races Reduced energy consumption is a key aspect of the green building. Nonetheless, research indicates that there is a performance gap between the predicted and the actual energy performance once buildings are occupied, which implies a cost deviation from the anticipated energy cost performance. However, the cost deviation also might result from lower or higher energy rates than expected. As an appropriate research methodology for existing theory testing, case study research strategy was adopted to empirically examine the earned value management (EVM) approach to measure the actual life cycle cost performance of energy in green buildings. With slight methodological and terminological adaptations, it is found that the EVM approach can be applied to conduct a holistic cost performance measurement of the actual energy consumption in green buildings. The strength of the earned value approach is that it allows for detecting whether the energy cost saving or overrun results from lower or higher energy consumption, or from actual energy rate variations. The earned value approach allows for quantifying each cost variance independently, which is a significant aspect of actual energy cost performance measurement in green buildings. MDPI AG 2016 Article PeerReviewed application/pdf en http://eprints.utm.my/id/eprint/73745/1/LuayN2016_MeasuringtheActualEnergyCostPerformance.pdf Dwaikat, L. N. and Ali, K. N. (2016) Measuring the actual energy cost performance of green buildings: a test of the earned value management approach. Energies, 9 (3). ISSN 1996-1073 https://www.scopus.com/inward/record.uri?eid=2-s2.0-84962783518&doi=10.3390%2fen9030188&partnerID=40&md5=d8a8bfe293f85b112dcfef87edca978f
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
language English
topic HT Communities. Classes. Races
spellingShingle HT Communities. Classes. Races
Dwaikat, L. N.
Ali, K. N.
Measuring the actual energy cost performance of green buildings: a test of the earned value management approach
description Reduced energy consumption is a key aspect of the green building. Nonetheless, research indicates that there is a performance gap between the predicted and the actual energy performance once buildings are occupied, which implies a cost deviation from the anticipated energy cost performance. However, the cost deviation also might result from lower or higher energy rates than expected. As an appropriate research methodology for existing theory testing, case study research strategy was adopted to empirically examine the earned value management (EVM) approach to measure the actual life cycle cost performance of energy in green buildings. With slight methodological and terminological adaptations, it is found that the EVM approach can be applied to conduct a holistic cost performance measurement of the actual energy consumption in green buildings. The strength of the earned value approach is that it allows for detecting whether the energy cost saving or overrun results from lower or higher energy consumption, or from actual energy rate variations. The earned value approach allows for quantifying each cost variance independently, which is a significant aspect of actual energy cost performance measurement in green buildings.
format Article
author Dwaikat, L. N.
Ali, K. N.
author_facet Dwaikat, L. N.
Ali, K. N.
author_sort Dwaikat, L. N.
title Measuring the actual energy cost performance of green buildings: a test of the earned value management approach
title_short Measuring the actual energy cost performance of green buildings: a test of the earned value management approach
title_full Measuring the actual energy cost performance of green buildings: a test of the earned value management approach
title_fullStr Measuring the actual energy cost performance of green buildings: a test of the earned value management approach
title_full_unstemmed Measuring the actual energy cost performance of green buildings: a test of the earned value management approach
title_sort measuring the actual energy cost performance of green buildings: a test of the earned value management approach
publisher MDPI AG
publishDate 2016
url http://eprints.utm.my/id/eprint/73745/1/LuayN2016_MeasuringtheActualEnergyCostPerformance.pdf
http://eprints.utm.my/id/eprint/73745/
https://www.scopus.com/inward/record.uri?eid=2-s2.0-84962783518&doi=10.3390%2fen9030188&partnerID=40&md5=d8a8bfe293f85b112dcfef87edca978f
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score 13.222552