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Modelling total cost of ownership of rail infrastructure for outsourcing maintenance services

chapter
posted on 06.12.2017, 00:00 authored by A Rahman, Gopinath ChattopadhyayGopinath Chattopadhyay
In the recent years, outsourcing maintenance services has becomea part of strategies for cost and risk management. Outsourcing reduces upfront investments in infrastructure, expertise and specialised maintenance facilities. However, decisions on this need to take into account the total cost of ownership rather than the usual practice of procurement cost. The primary objective of thispaper is to develop models for prediction of total cost of ownership and estimation of contract price for outsourcing maintenance services of rail infrastructure. A total cost of ownership model is developed considering procurement, maintenance, inspection and risks associated with the operation of a rail network.

Funding

Category 4 - CRC Research Income

History

Editor

Amadi-Echendu JE; Brown K; Willet R; Mathew J

Start Page

115

End Page

122

Number of Pages

8

ISBN-13

9781849961776

Publisher

Springer

Place of Publication

London, U.K.

Open Access

No

External Author Affiliations

Centre for Railway Engineering; Griffith University; Institute for Resource Industries and Sustainability (IRIS);

Era Eligible

Yes

Number of Chapters

8