Modelling Total Cost of Ownership of Rail Infrastructure for Outsourcing Maintenance Services

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Title Modelling Total Cost of Ownership of Rail Infrastructure for Outsourcing Maintenance Services
Author Rahman, Anisur; Chattopadhyay, G.N.
Book Title Definitions,Concepts and Scope of Engineering Asset Management, Engineering Asset Management Review 1
Editor Joe E. Amadi-Echendu, Kerry brown, Roger Willett, Josheph Mathew
Year Published 2010
Place of publication United Kingdom
Publisher Springer-Verlag
Abstract In the recent years, outsourcing maintenance services has become a part of the strategy for cost and risk management. Outsourcing reduces upfront investments in infrastructure, expertise and specialised maintenance facilities. However, decision on this need to take into account the total cost of ownership rather than the usual practice of procurement cost. The primary objective of this paper is to develop models for prediction of total cost of ownership and estimation of contract price for outsourcing maintenance services of rail infrastructure. Total cost of ownership model is developed considering procurement, maintenance, inspection and risks associated with operation of rail network. Contract price for outsourcing services is modelled considering million gross tonnes of traffic under specific design, operation and maintenance conditions
Peer Reviewed Yes
Published Yes
Alternative URI http://dx.doi.org/10.1007/978-1-84996-178-3_6
Copyright Statement Copyright 2010 Springer. The attached file is reproduced here in accordance with the copyright policy of the publisher. Use hypertext link for access to the publisher's website.
Volume 1
Chapter Number 8
Page from 115
Page to 122
ISBN 9781849961776
Date Accessioned 2010-11-24
Date Available 2011-03-14T07:03:25Z
Language en_AU
Faculty Faculty of Science, Environment, Engineering and Technology
Subject Transport Engineering
URI http://hdl.handle.net/10072/37199
Publication Type Book Chapters
Publication Type Code b1e

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