Stochastic Life-Cycle Cost Analysis for Pavement Preservation Treatments

Summary

Subjects addressed:

Financial Management/Asset Valuation, Life Cycle Costing/Economic Analysis, Maintenance and Preservation

Topics addressed:


Asset types addressed:

Pavement

Detail

Title: Stochastic Life-Cycle Cost Analysis for Pavement Preservation Treatments
Resource type: Journal or Magazine Article
Year published: 2012
Publisher: TRR Volume 2292 / 2012 Maintenance and Preservation 2012
URL: http://trb.metapress.com/content/nt5500n5953qp682/?p=a4f9c59c5224434899559e71a08f0061&pi=5
Abstract:

This paper recommends and describes stochastic life-cycle costing analysis (LCCA) for pavement preservation treatments, as an alternative to deterministic life-cycle costing analysis.

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