Life Cycle Cost Analysis – Integral Part of Road Network Management System

The article deals with economical aspect of Slovakia's Pavement Management System (PMS) – Road Network Management System (RNMS). Economic efficiency is a criterion, which enables us to create incisive outputs like strategy for allocation of limited funds between particular road sections, or the total funding amount necessary for preserving the road network in serviceable condition. In principle, economic efficiency assessment evaluates the impact of all Maintenance Repair & Rehabilitation (MR&R) actions. The positive effect – improvement of current state − of these actions has to overweight their construction costs. Economic efficiency can be evaluated by several methods, however, most commonly used is the Life-Cycle Cost Analysis (LCCA), which evaluates costs of various variants of MR&R actions.