Life-Cycle Cost Analysis for Management of Highway Assets
NCHRP Synthesis 494
Year Published: 2016
Publisher: Transportation Research Board
External Link: https://www.nap.edu/catalog/23515/life-cycle-cost-analysis-for-management-of-highway-assets
Life-Cycle Cost Analysis for Management of Highway Assets documents the state of the practice of life-cycle cost analysis (LCCA) and risk-based analysis into state highway agencies' asset management plans for pavements and bridges on the National Highway System. The objective of this project was to develop an inventory of quantitative asset-level, project-level, or corridor-level processes and models for predicting life-cycle costs associated with the preservation and replacement of highway assets.