COST OPTIMIZATION OF A BUILDING USING SUSTAINABLE BUILDING CONCEPT: A REVIEW

Abstract

This paper provides an overview of literature on the cost optimization of an existing building using sustainable building concept. Those strategies which are followed for a building to convert it to a sustainable building or green building whereas it reduce the long term running cost along with sustainability. Strategies are for sustainable site planning, Water conservation, Energy conservation, efficient use of material and thermal comfort for occupants. It concludes the importance of sustainability and cost optimization throughout the construction activities and operating which have impacts on environment throughout life cycle which cause greenhouse gases(GHG) emissions, climate change, global warming, ozone layer depletion, water scarcity and so on. These major environmental problems cannot be completely eliminated but can be significantly reduced with a high level. In addition to this these strategies are cost effective throughout long term use, initially are expensive but the premium costs can be paid after some years of use.