DESIGN OF MARINE STRUCTURES: LIFE-CYCLE COST FACTOR
The author describes a system of cost analysis for construction projects that is intended to optimize allocation of funds for capital costs, cost of financing, and maintenance costs. It encompasses consideration of a benefit-cost ratio, life-cycle cost, service life expectations, and risk analysis. It is stated that service life should be considered in design, but that the criteria for estimating service life and rates of deterioration are not generally available. It is asserted that evaluation must be based on experience, and that a data bank of experience is needed.
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Supplemental Notes:
- Conference paper
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Authors:
- JOHNSON, S M
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Conference:
- Ports '89
- Location: Boston, Massachusetts
- Date: 1989-5-22 to 1989-5-25
- Publication Date: 0
Media Info
- Pagination: 10p.
Subject/Index Terms
- TRT Terms: Analysis; Benefit cost analysis; Construction; Costs; Economic analysis; Life cycle costing; Maintenance; Naval architecture
- Uncontrolled Terms: Cost analysis; Marine structures
- Subject Areas: Construction; Economics; Finance; Maintenance and Preservation; Marine Transportation;
Filing Info
- Accession Number: 00659435
- Record Type: Publication
- Source Agency: Maritime Technical Information Facility
- Files: TRIS
- Created Date: Jul 21 1994 12:00AM