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Life Cycle Cost, As a Tool for Decision Making on Concrete Infrastructures

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High Tech Concrete: Where Technology and Engineering Meet

Abstract

The use of Life Cycle Cost (LCC) tools in civil engineering is increasing, due to the need of infrastructure owners and operators to guarantee their assets maximum performance with an optimized budget. By considering these tools it will be possible to manage assets along their lifetime in a more sustainable and efficient way. Due to this reason, it was recently constituted a Task Group on fib to deal with existing LCC tools for concrete infrastructures. This paper gives an introduction to these tools, with a special emphasis to the added-value of LCC, and to the main contents of the fib TG 8.4 state-of-art technical report. This covers a description of existing LCC standards and guidelines, their applicability, the definition of different cost elements, the incorporation of risk in the analysis, etc.

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Author information

Authors and Affiliations

  1. Department of Civil Engineering, Engineering School, University of Minho, Campus de Azurém, 4800-058, Guimarães, Portugal

    José Matos & Carlos Santos

  2. COWI A/S, Parallelvej 2, 2800, Kongens Lyngby, Denmark

    Anders Solgaard & Poul Linneberg

  3. Department of Civil and Environmental Engineering, Geomaterials and Infrastructure Systems Group, Universidad de Los Andes, Carrera 1 Este N. 19A-40 Edificio Mario Laserna, Off. ML630, Bogotá, Colombia

    Mauricio Sanchez Silva

  4. Institute of Structural Engineering (IKI), BOKU, Peter-Jordan-Straße 82, 1190, Vienna, Austria

    Alfred Strauss

  5. Department of Construction Engineering, Technical University of Catalonia – BarcelonaTech, Jordi Girona 1-3 Campus Nord Modul C1, 08034, Barcelona, Spain

    Joan Casas

  6. Department of Civil Engineering, Monash University, 23 College Walk (Bld 60), Clayton Campus, Melbourne, Australia

    Colin Caprani

  7. Department of Civil and Environmental Engineering, Waseda University, Building 51-16-09, 3-4-1 Okubo, Shinjuku-Ku, Tokyo, 169-8555, Japan

    Mitsuyoshi Akiyama

Authors
  1. José Matos
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  2. Anders Solgaard
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  3. Carlos Santos
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  4. Mauricio Sanchez Silva
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  5. Poul Linneberg
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  6. Alfred Strauss
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  7. Joan Casas
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  8. Colin Caprani
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  9. Mitsuyoshi Akiyama
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Corresponding author

Correspondence to José Matos .

Editor information

Editors and Affiliations

  1. Delft University of Technology, Delft, The Netherlands

    D.A. Hordijk

  2. Delft University of Technology, Delft, The Netherlands

    M. Luković

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Matos, J. et al. (2018). Life Cycle Cost, As a Tool for Decision Making on Concrete Infrastructures. In: Hordijk, D., Luković, M. (eds) High Tech Concrete: Where Technology and Engineering Meet. Springer, Cham. https://doi.org/10.1007/978-3-319-59471-2_210

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  • DOI: https://doi.org/10.1007/978-3-319-59471-2_210

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-59470-5

  • Online ISBN: 978-3-319-59471-2

  • eBook Packages: EngineeringEngineering (R0)

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