How to Improve Pavement Life Cycle Cost Analysis: A Case Study of Minnesota
Life cycle cost analysis (LCCA) frameworks are used by some transportation agencies for economic assessment, but there have been challenges implementing the approach, particularly in the characterization of initial and future costs of materials, as well as their associated uncertainties. This resear...
| Main Authors: | , , , |
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| Format: | Other |
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2017
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| Subjects: | |
| Online Access: | http://hdl.handle.net/1721.1/110254 |
| Summary: | Life cycle cost analysis (LCCA) frameworks are used by some transportation agencies for economic assessment, but there have been challenges implementing the approach, particularly in the characterization of initial and future costs of materials, as well as their associated uncertainties. This research brief presents a case study which focused on characterizing initial and future pay item costs as a function of project size for a probabilistic LCCA of the entire life cycle including user cost impacts. |
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