Life-cycle Cost Approach for Management of Environmental Resources A

This book demonstrates the application of Life-cycle Cost Approach (LCCA) in the management of infrastructure and other investment projects in the context of developing countries. The main goal is to identify potential opportunities for the adoption LCCA

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V. Ratna Reddy Mathew Kurian Reza Ardakanian

Life-cycle Cost Approach for Management of Environmental Resources A Primer

SpringerBriefs in Environmental Science

More information about this series at http://www.springer.com/series/8868

V. Ratna Reddy · Mathew Kurian Reza Ardakanian

Life-cycle Cost Approach for Management of Environmental Resources A Primer

13

V. Ratna Reddy LNRMI Hyderabad India

Mathew Kurian Reza Ardakanian UNU-FLORES United Nations University Dresden Germany

ISSN  2191-5547 ISSN  2191-5555  (electronic) ISBN 978-3-319-06286-0 ISBN 978-3-319-06287-7  (eBook) DOI 10.1007/978-3-319-06287-7 Library of Congress Control Number: 2014946186 Springer Cham Heidelberg New York Dordrecht London © The Author(s) 2015 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. Exempted from this legal reservation are brief excerpts in connection with reviews or scholarly analysis or material supplied specifically for the purpose of being entered and executed on a computer system, for exclusive use by the purchaser of the work. Duplication of this publication or parts thereof is permitted only under the provisions of the Copyright Law of the Publisher’s location, in its current version, and permission for use must always be obtained from Springer. Permissions for use may be obtained through RightsLink at the Copyright Clearance Center. Violations are liable to prosecution under the respective Copyright Law. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. While the advice and information in this book are believed to be true and accurate at the date of publication, neither the authors nor the editors nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. Printed on acid-free paper Springer is part of Springer Science+Business Media (www.springer.com)

Contents

1 Life-cycle Cost Approach: Rationale and Relevance. . . . . . . . . . . . . . . 1 1.1 Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1.2 What Is LCCA and Why?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 1.2.1 Background . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 1.3 Life-cycle Cost Approach: Rationale and Relevance. . . . . . . . . . . . . 5 1.3.1 LCCA: Beyond Pr