Life cycle cost reduction road map : final report.
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2016-12-01
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Abstract:Rutgers University Center for Advanced Infrastructure and Transportation (CAIT), in collaboration
with research partners within the University Transportation Center (UTC) consortium, seeks to identify
knowledge gaps and chart future R&D directions that focus on Life Cycle Cost Reductions. On March
24, 2015 CAIT hosted a one-day workshop to identify opportunities for practical and breakthrough
research that can reduce life cycle costs and improve decision-making in the transportation industry.
The slate of participants included CAIT partners from multiple universities, transportation industry
representatives, insurance providers, and national and regional government stakeholders in the
transportation sector. The workshop identified pressing challenges in reducing life cycle costs, cutting edge
solutions to develop quantitative life cycle methods and opportunities for future research
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