Life-Cycle Cost Analysis for Management of Highway Assets (2016) / Chapter Skim
Currently Skimming:
Pages 8-13
The Chapter Skim interface presents what we've algorithmically identified as the most significant single chunk of text within every page in the chapter.
Select key terms on the right to highlight them within pages of the chapter.
From page 8... ...
6 CHAPTER TWO STATE OF THE PRACTICE OF LIFE-CYCLE COST ANALYSIS TOOLS AND MODELS This chapter summarizes the findings of the literature review tools and models used in LCCA for highway asset management. Efforts were made to capture the state of the practice in terms of tools and models for LCCA domestically and internationally.
|
From page 9... ...
7 improve the performance, the raw materials may be recycled to net a monetary gain or produce a beneficial value to a state DOT. This monetary gain is known as salvage value and can be included in an LCCA.
|
From page 10... ...
8 LCCA and provides additional information on deterministic and probabilistic approaches to estimating life-cycle costs. The guide also provides information on determining specific inputs for pavements including salvage value (i.e., remaining service life and residual value)
|
From page 12... ...
10 concrete and composite pavements have not been built in Switzerland over the past two decades, the costs were determined by comparison with cost values from Germany and Austria and a ratio of 1:1.53 between costs for asphalt and concrete pavements was used. The cost calculation utilized a discount rate of 2% and a life span of 75 years.
|
From page 13... ...
11 in its tool RealCost can be applied to a range of assets, few studies were identified that documented the use of the tool to analyze assets other than bridges and pavements. The literature review revealed the limited documented LCCA use for the analysis of ancillary assets; however, some work has been completed related to the LCCA of barriers, fleet vehicles, and ITS technologies.
|
Key Terms
This material may be derived from roughly machine-read images, and so is provided only to facilitate research.
More
information on Chapter Skim is available.