1.1.1. Initial Costs

Try these first

1. 1.

   What do initial costs refer to in the context of green buildings?

   Hint

   Think about what type of expenses are associated with starting a project.

2. 2.

   Can you name one non-monetary benefit of green buildings?

   Hint

   Consider benefits that affect health and environment.

3. 3.

   What is often a reason for higher initial costs in green buildings?

   • Premium materials
   • Lower wages
   • Simpler regulations

   Hint

   Think about what might make a building more environmentally compliant.

4. 4.

   True or False: Operational savings in green buildings include higher maintenance costs.

   • True
   • False

   Hint

   Recall the benefits of lower resource consumption.

5. 5.

   Evaluate a scenario where the initial costs of a green building are ₹3,000 per square meter with an annual savings of ₹250. Calculate the payback period and discuss whether this investment seems financially sound.

   Hint

   Use the payback period formula: Initial Cost / Annual Savings to find the answer.

6. 6.

   Imagine you are presenting to a city council about shifting to green buildings. Outline a convincing argument that includes both initial costs and long-term benefits including societal impacts.

   Hint

   Highlight both financial viability and broader benefits like health and sustainability when crafting your argument.