Life-Cycle Cost Analyses for Road Barriers
Publication: Journal of Transportation Engineering
Volume 138, Issue 7
Abstract
This study aimed at developing a new approach for analyzing life-cycle costs for road barriers during the road planning and design process. A method called Activity-Based Life-Cycle Costing using the Monte Carlo Simulation was used to analyze and calculate the life-cycle costs. The results show a potential for increasing efficiency throughout the road planning and design process by minimizing the life-cycle costs of road components. The results also show that implementation of life-cycle cost analyses in the road planning and design process is possible, but difficult, mainly due to lack of relevant data.
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Acknowledgments
The study presented in this paper is part of a Ph.D. project “Road design for lower maintenance costs” at the Royal Institute of Technology, Stockholm, Sweden. A major part of the study is conducted at the Dalarna University. Financial support provided by SRA through the Centre for Maintenance of Infrastructure is appreciatively acknowledged.
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© 2012. American Society of Civil Engineers.
History
Received: Apr 5, 2011
Accepted: Dec 14, 2011
Published online: Dec 17, 2011
Published in print: Jul 1, 2012
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