Life Cycle Cost Analysis of Road Pavements

Abstract

LCCA for the Road-It is the process for determining the total cost of road pavements including initial construction cost, operational and maintenance cost. To reduce the life cycle cost of road pavements it is necessary to deal with the initial cost and need to learn preventive maintenance of pavements. The proper implementation of preventive maintenance techniques for road pavements can extend the life of a pavement structure in a cost-effective manner. Different Researchers in the field of road construction have found that Economic and Sensitivity Analysis can be used as methods to analyze LCCA results found by NPV and IRR with different affecting input parameters. This paper describes the procedure of estimation of different costs required for LCCA of roads, and also the methodology of LCCA is being described with suitable road data. Index Terms-LCCA of road pavements, preventive maintenance, NPV, IRR, maintenance cost, user cost