2004
DOI: 10.3141/1864-09
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Life-Cycle Cost Analysis: State of the Practice Versus State of the Art

Abstract: Life-cycle cost analysis (LCCA) is increasingly gaining recognition by the transportation community as an indispensable practice if the sustainability of its infrastructure systems is to be realized. The product of a 3-year study that assessed the LCCA practice in state highway agencies (SHAs) is presented. The study examined how LCCA practice changed in two decades, surveyed the way LCCA is practiced currently at SHAs in the United States, and reviewed how this evaluation technique is deliberated by the acade… Show more

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Cited by 57 publications
(49 citation statements)
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“…A value of time is then applied to that delay, thus generating a user cost estimate. This is the most commonly practiced method of user cost evaluation amongst state DOTs [40]. However, by focusing exclusively on traffic delay, externalities such as noise, safety, standard operation fuel consumption, and vehicle wear are neglected, making this an incomplete assessment of the actual user costs.…”
Section: Pavement Lca Modelsmentioning
confidence: 99%
“…A value of time is then applied to that delay, thus generating a user cost estimate. This is the most commonly practiced method of user cost evaluation amongst state DOTs [40]. However, by focusing exclusively on traffic delay, externalities such as noise, safety, standard operation fuel consumption, and vehicle wear are neglected, making this an incomplete assessment of the actual user costs.…”
Section: Pavement Lca Modelsmentioning
confidence: 99%
“…Second, life cycle cost analysis (LCCA), which is widely used by road agencies, represents a suitable framework for integration of sustainability concerns in pavement management (Ozbay et al 2004). …”
Section: Introductionmentioning
confidence: 99%
“…In the Final Policy Statement published in 1996, the stance of FHWA regarding LCCA was further explained, identifying LCCA as a helpful tool for decision makers. Ozbay et al [43] stated that LCCA application would surely increase if the public and policy makers demanded better resource management.…”
Section: Life-cycle Cost Analysis (Lcca)mentioning
confidence: 99%