Research Article

Value Creation Assessment Tool for Green Buildings: Development and Implementation

Table 2

Building one value assessment tool results.

To what extent are the following indicators considered and implemented in this design?ScaleTotal pointsScores gainedCluster Wms (%)Group Wms (%)
0 not implemented  3 considered  5 highly implementedWeight

Financial performance 19.07%OPEXVFI11Maximise residual value1.832193.6676.1772.15
VFI6Increase economic lifetime1.9647.85
VFI15Optimise risk-return ratio of alternative options1.8259.10
VFI2Efficiency of operational expenditure (OPEX)1.9947.95
VFI5Improve economic efficiency2.0048.00
CAPEXVFI3Maximise the cost efficiency to build1.894177.5668.13
VFI1Efficiency of capital expenditure (CAPEX)1.9947.97
VFI12Minimise cost of capital1.8723.74
VFI4Deliver/achieve cost certainty1.8835.63
VFI9Return on investment1.8447.35

Functional performance 35.49%LongevityVFU26Provide functional ability of the foundation’s requirements (strength and stability)1.923275.7477.4279.64
VFU27Ensure substructure functional requirements meet a satisfactory level of performance1.9135.73
VFU28Ensure superstructure functional requirements meet a satisfactory level of performance1.9247.68
VFU2Increase life of services2.0448.16
VFU3Provide function-fitness for purpose2.04510.2
VFU23Configure design to enable an efficient construction process2.0048.02
VFU24Ensure construction efficiency is considered in specification1.9747.87
ReliabilityVFU19Maintain security-health and safety1.933455.7981.87
VFU21Meet all statutory requirements and building regulations1.9747.89
VFU22Ensure designed elements are standardised2.0548.21
VFU20Suitability and maintainability of materials2.0348.14
VFU15Provide durable building-last longer1.9347.72
VFU14Assure convenience1.9959.93
VFU18Create reliable building-safer1.9747.89
VFU1Maintain adaptable building-useful to all2.0048.02
VFU8Increase efficiency-add capacity1.9147.64
VFU13Provide disability access1.9759.84
VFU16Maintain durability1.9347.70

Operational performance 17.66%ManageabilityVOP8Easy to operate1.924197.6876.0370.59
VOP6Easy to maintain1.9147.62
VOP9Easy to inspect and maintain1.9035.69
VOP11Provide building systems that are easy to operate and control1.9147.62
VOP15Reduce operational risk1.9247.68
Energy and efficiencyVOP1Reduce/minimise/save energy usage2.094138.3565.14
VOP2Maintain efficiency in terms of energy2.1236.36
VOP3Increase efficiency of utilities1.9435.83
VOP4Increase efficiency of heating, cooling, and lighting1.9635.89

Environmental performance 15.66%EcoresourcesVEN5Increase use of natural ventilation1.984167.9363.955.4
VEN3Provide indoor environmental quality1.9847.93
VEN4Access to natural light, management of air quality, and temperature2.0324.07
VEN7Specifying low-maintenance, durable, environmentally preferable materials, and equipment1.9935.94
VEN10Minimise consumption of resources1.9135.73
AdaptabilityVEN8Maximise resource reuse1.89273.7846.91
VEN12Respond to site microclimate1.8823.76
VEN11Conserve water resources1.9935.97

Management performance 12.12%ControlVMA10Able to construct to scope/cost/budget/schedule/quality1.974117.8973.3260.75
VMA11Completed to specification2.0448.12
VMA6Produce effective plans to achieve the project objectives2.0136.03
PlanningVMA3Create strategic planning1.98273.9646.98
VMA1Provide effective project management and delivery2.1336.39
VMA5Provide cost control to achieve the project objectives1.9923.97