How is cost-effectiveness analyzed in bitumen modification projects?
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November 21, 2024 at 7:12 am by David Wilson
Cost-effectiveness is analyzed by comparing the initial costs of modification (materials, processing) with the long-term benefits, such as extended pavement life, reduced maintenance, and improved performance. Life-cycle cost analysis (LCCA) considers all costs over the pavement’s lifespan, including construction, maintenance, user costs, and salvage value, to determine the most economical option.