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Quantification of lifecycle costs for porous asphalt life-extension maintenance methods under managerial uncertainties
The objective of this research was to evaluate the lifecycle costs associated with emerging pavement maintenance technologies, namely, in-situ rejuvenation and very open emulsion asphalt concrete (ZOEAB+), and scrutinise their suitability over corrective resurfacing maintenance using a stochastic approach. A rational lifecycle inventory was developed by conducting interviews and questionnaire surveys with experts and referring to standard guidelines and international databases. The net present value (NPV) was found sensitive to 12 different inputs with traffic growth rate and discount rate causing the highest uncertainty followed by gasoline and diesel prices. Monte Carlo simulations suggested that the median uncertainty in NPV by using in-situ rejuvenation and ZOEAB+ was 13% and 4% lower than resurfacing. It is envisioned that the research outcomes will assist decision-makers in understanding the uncertainties and costs associated with different maintenance alternatives in the early stages of the project to foster procurement of sustainable and circular pavement maintenance strategies.
Quantification of lifecycle costs for porous asphalt life-extension maintenance methods under managerial uncertainties
The objective of this research was to evaluate the lifecycle costs associated with emerging pavement maintenance technologies, namely, in-situ rejuvenation and very open emulsion asphalt concrete (ZOEAB+), and scrutinise their suitability over corrective resurfacing maintenance using a stochastic approach. A rational lifecycle inventory was developed by conducting interviews and questionnaire surveys with experts and referring to standard guidelines and international databases. The net present value (NPV) was found sensitive to 12 different inputs with traffic growth rate and discount rate causing the highest uncertainty followed by gasoline and diesel prices. Monte Carlo simulations suggested that the median uncertainty in NPV by using in-situ rejuvenation and ZOEAB+ was 13% and 4% lower than resurfacing. It is envisioned that the research outcomes will assist decision-makers in understanding the uncertainties and costs associated with different maintenance alternatives in the early stages of the project to foster procurement of sustainable and circular pavement maintenance strategies.
Quantification of lifecycle costs for porous asphalt life-extension maintenance methods under managerial uncertainties
Singh, Avishreshth (author) / Varveri, Aikaterini (author)
2024-12-31
Article (Journal)
Electronic Resource
English
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