Life-Cycle Cost Analysis of Infrastructure Projects
Reddy, V. Ratna and Kurian, Mathew, "Life-Cycle Cost Analysis of Infrastructure Projects" in Governing the Nexus: Water, Soil and Waste Resources Considering Global Change ed. Kurian, Mathew and Ardakanian, Reza (Cham: Springer International Publishing, 2015), 105-127.
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Book Chapter
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Author Reddy, V. Ratna
Kurian, MathewBook Editor Kurian, Mathew
Ardakanian, RezaChapter Title Life-Cycle Cost Analysis of Infrastructure Projects Book Title Governing the Nexus: Water, Soil and Waste Resources Considering Global Change Publication Date 2015 Place of Publication Cham Publisher Springer International Publishing Start page 105 End page 127 Language eng Abstract This paper reviews the existing research work on the application of Life-cycle cost approach (LCCA) with an objective to identify potential aspects for its adoption in the developing countries. It seeks to influence the policy understanding of why life-cycle cost assessment is central to achieving the goals of sustainable development as well as sustainable service delivery and to influence the behaviour of sector stakeholders. The idea is to mainstream LCCA into governance processes at all institutional levels from local to national in order to increase the ability and willingness of decision makers (both users and those involved in service planning, budgeting and delivery) to make informed and relevant choices between different types and levels of products and services. It is argued that a comprehensive LCCA can provide 'win-win' strategies in terms of identifying appropriate technologies, products and services that are environmentally, economically and socially sustainable. LCCA prompts policy shifts towards a systems perspective. Adoption of LCCA evolves from life-cycle thinking that needs to be ingrained into the macro policy. This calls for awareness building and capacities at the policy and planning levels. UNBIS Thesaurus WATER
FOOD SECURITY
SUSTAINABLE DEVELOPMENT
EXTERNALITIESKeyword Life-cycle approach (LCA)
Life-cycle cost appraoch (LCCA)
Life-cycle thinking (LCT)
Life-cycle management (LCM)
Energy
Sustainable servicesCopyright Holder Springer International Publishing Switzerland Copyright Year 2015 Copyright type All rights reserved ISBN 9783319057460 DOI 10.1007/978-3-319-05747-7_6 -
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