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Title:Cost-benefit analysis in fire safety engineering : state-of-the-art and reference methodology
Authors:ID Van Coile, Ruben (Author)
ID Lucherini, Andrea (Author)
ID Chaudhary, Ranjit Kumar (Author)
ID Ni, Shuna (Author)
ID Unobe, David (Author)
ID Gernay, Thomas (Author)
Files:URL URL - Source URL, visit https://www.sciencedirect.com/science/article/pii/S0925753523002680?via%3Dihub
 
.pdf PDF - Source file. (608,39 KB, This file will be accessible after 26.09.2026)
MD5: EECD88DC16007A66FA35813BDDFDF9A6
 
Language:English
Typology:1.01 - Original Scientific Article
Organization:Logo ZAG - Slovenian National Building and Civil Engineering Institute
Abstract:Cost-effectiveness is a key consideration within fire safety engineering. Currently, different approaches are being applied in literature. These approaches differ in how cost-effectiveness is evaluated, which costs are considered, and how the preferred design solution is defined. Recognizing this issue, the Fire Protection Research Foundation enrolled an international team of researchers, supported by a broad stakeholder panel, to develop a reference methodology. In this paper, this reference methodology for cost-benefit analysis in fire safety engineering is presented following an extensive literature review. The methodology clarifies the minimum requirements for assessing cost-effectiveness, and highlights that only a present net value evaluation can be used to compare design alternatives. Commonly used cost-benefit ratios should only be used when deciding on the effectiveness of a single package of fire safety measures. An illustrative case study demonstrates the application of the meth- odology and shows how designs based on cost-benefit ratios can be sub-optimal when evaluating multiple possible fire safety measures.
Keywords:cost-benefit analysis, fire safety, investment, maintenance, loss, statistics, reliability
Publication status:Published
Publication version:Author Accepted Manuscript
Publication date:26.09.2023
Publisher:Elsevier
Year of publishing:2023
Number of pages:10 str.
Numbering:Vol. 168, [article no.] 106326
PID:20.500.12556/DiRROS-17181 New window
UDC:62
ISSN on article:1879-1042
DOI:10.1016/j.ssci.2023.106326 New window
COBISS.SI-ID:166057475 New window
Copyright:© 2023 Elsevier Ltd. All rights reserved
Note:
Publication date in DiRROS:23.10.2023
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Downloads:241
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Record is a part of a journal

Title:Safety Science
Publisher:Elsevier
ISSN:1879-1042
COBISS.SI-ID:23273221 New window

Document is financed by a project

Funder:Other - Other funder or multiple funders
Name:Economic Impact of Fire: Cost and Impact of Fire Protection in Buildings

Licences

License:CC BY-NC-ND 4.0, Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International
Link:http://creativecommons.org/licenses/by-nc-nd/4.0/
Description:The most restrictive Creative Commons license. This only allows people to download and share the work for no commercial gain and for no other purposes.

Secondary language

Language:Slovenian
Keywords:analiza stroškov in koristi, požarna varnost, naložba, vzdrževanje, izguba, statistika, zanesljivost


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