The U.S. needs to begin thinking more strategically about how it manages, maintains, and operates its transportation network by using tools like life cycle cost analysis (LCCA) to ensure sustainability of future budgets and better management of our vital infrastructure.
A new report released by ASCE and the Eno Center for Transportation, Maximizing the Value of Investments Using Life Cycle Cost Analysis, reviews the current use of LCCA and how it might be used in the U.S. to make decisions about future projects and costs.