KK

K. Krousoratis

1 records found

Toward more reliable cost estimations for asset replacement projects

Incorporating probabilistic models and the price uncertainty in the preliminary cost assessments for asset replacement projects

The majority of existing infrastructure assets are ageing, and sooner or later, they will have reached the end of their service life. As a result, many asset owners are confronted with large-scale replacement projects in the coming decades. Annually, they allocate a significant n ...