A new model for total cost of ownership for signalling
In order to better understand the value chain of a signalling system, a total cost of ownership approach has been used to analyse a number of real-world examples. This methodology investigates lifetime costs of the system, including planning, acquisition, install and operations. To enable this, a bottom-up Total Cost of Ownership (TCO) framework model was built, and then populated using inputs from a number of major rail operators representing different geographical regions. Initial findings indicate that approximately c. 70% of the TCO of a signalling system derives from acquisition, install and commissioning, while operation, maintenance and penalties makes up c. 30%. Labour costs across the lifetime represent just over half of TCO, with equipment costs being the next highest area, at about c. 25%. A working knowledge of all these amounts and levers will enable the industry to better focus effort and resources to minimise TCO.
- Record URL:
- Murray C
- Publication Date: 2009
- Pagination: 7p.
- Monograph Title: AusRAIL PLUS 2009, doing more with less, 17-19 November 2009, Adelaide, South Australia
- TRT Terms: Railroad transportation; Traffic signal controllers
- Uncontrolled Terms: Transport costs
- ATRI Terms: Rail transport; Signal controller; Transport costs
- Subject Areas: Operations and Traffic Management; Railroads;
- Accession Number: 01516937
- Record Type: Publication
- Source Agency: ARRB
- Files: ATRI
- Created Date: Mar 4 2014 7:59PM