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Life cycle costs for railway condition monitoring

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  • García Márquez, Fausto Pedro
  • Lewis, Richard W.
  • Tobias, Andrew M.
  • Roberts, Clive

Abstract

The European Commission has estimated that by 2020 passenger traffic will double and freight traffic will triple compared with current volumes. Over the same period a reduction of 30% in the life cycle costs (LCC) of trackside assets is desired. Remote condition monitoring (RCM) can help to achieve increases in Reliability, Availability, Maintainability and Safety (RAMS) of trackside assets such as points (switches) and level crossings. Nonetheless, the application of a LCC model to RCM has hitherto been overlooked. Using a real case study, the objective of this paper is to illustrate how the cost-benefit of RCM can be evaluated.

Suggested Citation

  • García Márquez, Fausto Pedro & Lewis, Richard W. & Tobias, Andrew M. & Roberts, Clive, 2008. "Life cycle costs for railway condition monitoring," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 44(6), pages 1175-1187, November.
    • Handle: RePEc:eee:transe:v:44:y:2008:i:6:p:1175-1187
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    Cited by:

    1. Xuto, Praj & Bansal, Prateek & Anderson, Richard J. & Graham, Daniel J. & Hörcher, Daniel & Barron, Alexander, 2023. "Examining the impacts of capital investment in London’s Underground: A long-term analysis," Transportation Research Part A: Policy and Practice, Elsevier, vol. 175(C).
    2. Jin, Yongliang, 2016. "Integration of stochastic approaches in the life cycle cost analysis of sewer pipe applications," International Journal of Production Economics, Elsevier, vol. 179(C), pages 35-43.
    3. Marko Kapetanović & Mohammad Vajihi & Rob M. P. Goverde, 2021. "Analysis of Hybrid and Plug-In Hybrid Alternative Propulsion Systems for Regional Diesel-Electric Multiple Unit Trains," Energies, MDPI, vol. 14(18), pages 1-29, September.
    4. Xu, Ren-Hong & Lai, Yung-Cheng & Huang, Kwei-Long, 2021. "Decision support models for annual catenary maintenance task identification and assignment," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 152(C).
    5. Sun, Zhentian & Li, Xuhong & Xie, Yuanchang, 2014. "A comparison of innovative financing and general fiscal investment strategies for second-class highways: Perspectives for building a sustainable financing strategy," Transport Policy, Elsevier, vol. 35(C), pages 193-201.

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