The Valuation of Upgrade Costs on Healthcare Buildings

The cost appraisal represents the second target of the process of evaluation of maintenance, refurbishment and adjustment intervention on existing healthcare buildings and facilities. In this approach, cost valuation depends on the QRA procedure’s output. The methodology for cost estimation of intervention is based on two steps: (a) selection of a cluster of previous interventions similar to subject; (b) data elaboration to establish similarity between interventions that have occurred on buildings and interventions to be carried out on the subject, as described by a QRA procedure application. A collection of technical and economic data concerning interventions already completed in healthcare facilities is needed to activate the cost-evaluation procedure.