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The document critiques the widely accepted 1:5:200 cost ratio for office buildings, which suggests that for every pound spent on construction, five are spent on maintenance and 200 on staffing. The authors argue that this ratio lacks empirical support and may mislead clients and professionals in making investment decisions, proposing instead a more realistic ratio of 1:0.4:12 based on actual data from three office buildings. The paper highlights the importance of accurately defining cost components and the
- Author
- m.sihan
- Language
- EN