Replacement optimisation for public infrastructure assets: Quantitative optimisation modelling taking typical public infrastructure related features into account

Ageing infrastructures and shortage of financing induce the need for optimising public infrastructure replacements. From an economic perspective, classical net present value comparison is traditionally the method of choice to decide on investments and replacements. The current research observes that typical infrastructure related features make...

Reliability-based life cycle costing analysis for embedded rails in level crossings

Reliability-based life cycle costing analysis (LCCA) supports optimized decisions on capital and operational expenditures for engineering asset management. In addition, it allows investigation of the impact of maintenance decisions on designing the service life of assets. The application of reliability-based LCCA in railway practice is...