How to Improve Pavement Life Cycle Cost Analysis: A Case Study of Minnesota

How to Improve Pavement Life Cycle Cost Analysis: A Case Study of Minnesota Akbarian, Mehdi; Swei, Omar; Gregory, Jeremy; Kirchain, Randy 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.

from Department of Civil and Environmental Engineering http://ift.tt/2sWac0w