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Life-Cycle Costs in Economic Analysis of Road Infrastructure Projects

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26110%2F17%3APU124851" target="_blank" >RIV/00216305:26110/17:PU124851 - isvavai.cz</a>

  • Result on the web

    <a href="http://www.otmc2017.com/proceedings-cmd" target="_blank" >http://www.otmc2017.com/proceedings-cmd</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Life-Cycle Costs in Economic Analysis of Road Infrastructure Projects

  • Original language description

    Projects of road infrastructure are in the most cases big projects or megaprojects of national or international importance, which consists not only in the expected benefits for the society, but also in costs connected with these projects in partial phases of their life cycle. The economic analysis of these projects evaluates the relation between costs mentioned above on the side of inputs and expected benefits on the side of outputs. This paper deals with the influence of life-cycle costs of the road infrastructure project on its total economic evaluation. There are evaluated the possibilities of the life-cycle costs assessment in the pre-investment phase and possible differences in the assessment of these costs using various approaches are identified. The importance of life-cycle costs in the economic analysis and the impact of possible changes in their assessment on the economic evaluation are presented on the case study including the set of road infrastructure projects. The objective of the paper is to evaluate the need of the detailed elaboration of the calculation of investment costs in the pre-investment phase of the life cycle of the projects for needs of the ex-ante evaluation of its economic efficiency. The output of the paper is the case study elaborated on the set of road infrastructure projects carried out in the Czech Republic.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    20101 - Civil engineering

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2017

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    13TH INTERNATIONAL CONFERENCE ORGANIZATION, TECHNOLOGY AND MANAGEMENT IN CONSTRUCTION - CONFERENCE PROCEEDINGS

  • ISBN

    978-953-8168-21-5

  • ISSN

  • e-ISSN

  • Number of pages

    8

  • Pages from-to

    316-323

  • Publisher name

    Croatian Association for Construction Management, University of Zagreb, Faculty of Civil Engineering

  • Place of publication

    Záhřeb

  • Event location

    Poreč

  • Event date

    Sep 27, 2017

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article