Subjects addressed:Inventory and Condition Assessment, Life Cycle Costing/Economic Analysis, Maintenance and Preservation, Performance Measurement and Management
Topics addressed:Analytical Tools and Models
Asset types addressed:General
DetailTitle: Implementation of Programmatic Life-Cycle Cost Analysis in a TAM Framework (NCHRP 02-26)
Resource type: Research Report
The objective of this research is to develop guidance coupled with one or more prototypical, analytical model(s) to support life-cycle planning and decision-making that applies life-cycle cost analysis as a component of a system-wide transportation asset management program. This guidance and associated analytical model(s) will apply quantitative asset-level, project-level, and network-level inputs to demonstrate methods for calculating life-cycle costs associated with alternative scenarios while taking into account preservation, rehabilitation, replacement, maintenance, and potential risk mitigation actions on a range of highway assets.