GGIA Newsletter
  Archive | | E-Store | Conferences & Events | Certifications | InFocus | Membership Directory

MIT Research Brief Illustrates LCCA Approach

Print Print this Article | Send to Colleague

The Concrete Sustainability Hub (CSHub) at MIT recently released the research brief Material-Specific Price Projections: Implementation. The brief illustrates how developing probabilistic price projections that outperform current practice and account for the volatility in paving price results in a more accurate life-cycle cost analysis (LCCA). The price projections developed by the CSHub can be implemented either by integrating the forecasting models into a probabilistic LCCA software tool such as FHWA's RealCost or utilizing the price projection tables provided at the end of this brief. The three-step process estimated costs and years of rehabilitation, selected index values from a table for years of rehabilitation and calculated future costs, and calculated adjusted LCC values for different confidence levels.

Originally reported in the Portland Cement Association Executive Report e-newsletter. Click here to read and download the Research Brief.

Share Share on Facebook Share on Twitter Share on LinkedIn

Fritz-Pak Corporation
MPAQ Automation
Putzmeister America, Inc.
Xypex Chemical Corp
McNeilus Truck & Manufacturing, Inc.
Clean Energy
900 Spring Street
Silver Spring, MD, 20910
Phone: 301-587-1400 Toll Free: 888-84 NRMCA (846-7622)