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Welcome to Chris Bennett's and Lis Pedersen's web site. If you are looking for information Chris' current work on affordable housing, please visit www.mygbhousing.info. The video below tells the background to Chris' project.

 

2020 - Netherlands - Review of Life Cycle Cost Methodologies

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2020 - Netherlands - Review of Life Cycle Cost Methodologies

Life cycle cost analysis (LCCA) has received notable attention and application within the road industry. As one of the three pillars in sustainability assessment, LCCA offers an empirical framework to assess costs over the entire lifespan of road projects. To incorporate the agency and user cost for all different life cycle phases, a robust framework is needed. Thus, it is vital to gain insight into the application and limitations of LCCA in road projects. Reviewing the existing economic models and frameworks, with a particular focus on road projects, will be the first step in providing a robust and uniform model. The goal of this paper is to provide a state-of-the-art review of existing methodologies in the wider field of LCCA for road projects. Hence, it can highlight critical processes and identify hotspots so the robustness of LCCA frameworks can be increased. It is concluded that agency costs related to the end of life (EOL) phase, transport and road user costs are often excluded despite having a substantial impact. However, with sustainability in mind, these aspects are important and should always be incorporated. Modelling the EOL enables the user to include the effect of recycling, hence, lowering the economic impact of raw material extraction. Additionally, road user costs are closely related to the social aspect of sustainability assessment. Finally, this paper presents the inconsistent use of modelling parameters, e.g. discount rate and analysis period, which supports the conclusion of a missing conclusive and robust framework.

File Type: application/octet-stream
Hits: 248 Hits
Download: 973 times
Created Date: 10-10-2023
Last Updated Date: 22-07-2024

Adventures

Chris in the NCT Race 

Chris has an adventurous spirit which generally involves cycling, running, or just being out there having a good time. Read his 'Race Reports' below. This is a link to his SPOT GPS tracker. If you are interested in his 'geeky' sport technical blog it is at www.tri-duffer.com. He also has stories of his life as 'An Overtravelled Engineer Working for the World Bank' at World Bank Traveller.

 

Race Reports

Technical

Document Library

 

  • Chris' published papers and reports are here.
  • His Technical Library  has a range of reports 
  • Golden Bay community projects are here.
  • The history of the ROMDAS company is here.
  • The 'Road to Good Health' HIV/AIDs Toolkit is here.

 

Technical Library

Chris and Lis

Chris and Lis

We are Lis Pedersen and Chris Bennett. We’ve been married over 30 years and each found our way to New Zealand in the early 1980s from Denmark and Canada respectively. Golden Bay has been our happy place for almost 20 years and we are now based in Pohara just above the beach, with our two cats Coco and Max. 

 

 

 

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