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...
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Format: | Other |
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2017
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Online Access: | http://hdl.handle.net/1721.1/110254 |
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author | Akbarian, Mehdi Swei, Omar Gregory, Jeremy Kirchain, Randy |
author_facet | Akbarian, Mehdi Swei, Omar Gregory, Jeremy Kirchain, Randy |
author_sort | Akbarian, Mehdi |
collection | MIT |
description | 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. |
first_indexed | 2024-09-23T08:21:03Z |
format | Other |
id | mit-1721.1/110254 |
institution | Massachusetts Institute of Technology |
last_indexed | 2024-09-23T08:21:03Z |
publishDate | 2017 |
record_format | dspace |
spelling | mit-1721.1/1102542019-04-09T18:04:55Z How to Improve Pavement Life Cycle Cost Analysis: A Case Study of Minnesota Akbarian, Mehdi Swei, Omar Gregory, Jeremy Kirchain, Randy Pavement Life Cycle Cost Analysis Infrastructure Roads Civil and Environmental Engineering 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. This research was carried out by the CSHub@MIT with sponsorship provided by the Portland Cement Association and the Ready Mixed Concrete Research & Education Foundation. CSHub@MIT is solely responsible for content. 2017-06-26T16:41:21Z 2017-06-26T16:41:21Z 2017-06-26 Other http://hdl.handle.net/1721.1/110254 CSHub Research Brief;Vol 4, 2017 application/pdf |
spellingShingle | Pavement Life Cycle Cost Analysis Infrastructure Roads Civil and Environmental Engineering Akbarian, Mehdi Swei, Omar Gregory, Jeremy Kirchain, Randy How to Improve Pavement Life Cycle Cost Analysis: A Case Study of Minnesota |
title | How to Improve Pavement Life Cycle Cost Analysis: A Case Study of Minnesota |
title_full | How to Improve Pavement Life Cycle Cost Analysis: A Case Study of Minnesota |
title_fullStr | How to Improve Pavement Life Cycle Cost Analysis: A Case Study of Minnesota |
title_full_unstemmed | How to Improve Pavement Life Cycle Cost Analysis: A Case Study of Minnesota |
title_short | How to Improve Pavement Life Cycle Cost Analysis: A Case Study of Minnesota |
title_sort | how to improve pavement life cycle cost analysis a case study of minnesota |
topic | Pavement Life Cycle Cost Analysis Infrastructure Roads Civil and Environmental Engineering |
url | http://hdl.handle.net/1721.1/110254 |
work_keys_str_mv | AT akbarianmehdi howtoimprovepavementlifecyclecostanalysisacasestudyofminnesota AT sweiomar howtoimprovepavementlifecyclecostanalysisacasestudyofminnesota AT gregoryjeremy howtoimprovepavementlifecyclecostanalysisacasestudyofminnesota AT kirchainrandy howtoimprovepavementlifecyclecostanalysisacasestudyofminnesota |