Optimum Service Life and Life-Cycle Cost Management

Author(s):  
Dan M. Frangopol ◽  
Sunyong Kim
2020 ◽  
Vol 157 ◽  
pp. 06031
Author(s):  
Nikolai Kovalenko ◽  
Elena Grin ◽  
Nina Kovalenko

The method of predictive calculations of the state of the rails as the main element of assessing the state of the track when planning major repairs of the track is given. With a standard service life of 600 to 700 million tons gross, it is necessary to predict the number of defective rails on the track when increasing the service life to 1100 million tons gross (considering local rail replacement during intermediate repairs). The polygon for assigning repairs is determined by the number of “Windows” that can be provided per week on the section. The projected increase in the work of the track causes the need to increase life cycle cost depreciation charges for the formation of the repair Fund for capital repairs by 30-35%.


2011 ◽  
Vol 94-96 ◽  
pp. 2329-2332
Author(s):  
Hong Ping Wang ◽  
Yun Peng Hu

Risk management is an important component of the project life cycle cost management and the project cost risk management system includes management objectives identification, risk factors analysis, risk identification, risk assessment, risk management and risk information feedback. The objectives of the project cost management can be successfully achieved through the life cycle cost risk management of various stages.


2011 ◽  
Vol 255-260 ◽  
pp. 3907-3910
Author(s):  
Hui Hong Feng ◽  
Xiao Ping Ding ◽  
Jing Si Chen ◽  
Yu Chen

According to the analysis of the current problems in highway engineering cost management, this paper puts forward the idea of the whole life cycle cost management in highway engineering, and elaborates the specific contents and the control methods of engineering cost management for all stages in the construction process.


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