Life Cycle Cost Analysis Of Roads

Abstract

Life cycle cost analysis of existing road is becoming more significant to determine the proper time of maintenance and the proper action, which should be taken for maintenance. An efficient maintenance policy is essential for a cost-effective, comfortable and safe transportation system. But, the decision to maintain the road facilities, consider a number of possible ways from routine maintenance action to reconstruction of the road network. Moreover, an economic analysis of a road network is dependent upon a number of factors, which are responsible for deciding road serviceability level. Optimization model is an analytical model, which helps to make a cost benefit analysis and compare that with various possible alternatives to give out the best possible activity within the allocated budget, before being carried out in field work.