Subjects addressed:Life Cycle Costing/Economic Analysis
Topics addressed:Analytical Tools and Models
Asset types addressed:General
DetailTitle: Multi-Year, Multi-Constrain Strategy to Optimize Linear Assets Based on Life Cycle Costs
Resource type: Presentation
Year published: 2016
This report focuses on pavement management strategies. It introduces optimization methods opposed to traditional cost/benefit and worst first strategies. These new methods will ideally be able take multiple factors into account when making investment decisions. This provides benefits over traditional strategies which cannot take multiple constraints into account. It then provides a case study of how the strategy would work.