Life cycle cost analysis (LCCA) is an economic decision tool that many engineers use for their projects. An LCCA includes input parameters, analysis methods, and output that ranks various project alternatives. The reliability and accuracy of any LCCA depends on many factors, such as estimated costs, analysis period, and how to consider future uncertainties like discount rates and inflation.
The impact of these factors, their attributes, and impacts on LCCA results in infrastructure projects will be discussed in this webinar. A new trend is to consider the impact of environmental factors and users' costs—however, the complexity of these inputs and how to determine their associated costs are immense challenges.
This webinar will provide some LCCA examples for the selection of different pavement alternatives, including concrete vs asphalt, to explain challenges and considerations in LCCA for infrastructure projects. Any decision-making tool like LCCA has its limitations, and therefore infrastructure engineers must also consider other complementary decision support systems to select the best alternative for their projects.
For any questions about this event, please contact [email protected].
About the Presenters
Dr. Hamid Soleymani has a B.Sc. and M.Sc. in civil engineering and transportation engineering from Iran University of Science and Technology, Tehran, Iran. He obtained his PhD from the University of Saskatchewan in 1997. Hamid joined the Department of Civil and Environmental Engineering at the University of Alberta in 2000 and taught civil engineering materials, transportation engineering, and pavement management systems at graduate and undergraduate levels. He was involved in several research studies for Alberta Transportation and the City of Edmonton.
Hamid has extensive industrial experience and has worked as a consultant and in public highway agencies for more than 15 years. Currently he is a senior pavement engineer with the City of Edmonton. Hamid has published more than 50 papers in technical journals and presented at conferences. His expertise and research interest areas are asphalt and Portland cement concrete, asphalt mix design and characterization, pavements management, design, maintenance, and performance evaluation.